KKR & Co is to acquire a 24.9 per cent interest in Marshall Wace through a combination of cash and common units. In addition, KKR and Marshall Wace have the option to grow KKR’s ownership interest over time to 39.9
Bedell Trust has expanded its international presence through the acquisition of a majority stake in Singapore Trust Company Pte Ltd (STC), a fiduciary and corporate services business in Singapore. STC which was incorporated in 1996, was the first trust company
Markit, a provider of financial information services, has completed its acquisition of DealHub, a leading provider of trade processing and trading services to the foreign exchange market. The acquisition complements Markit’s growing business in FX and enables Markit to offer
SS&C Technologies Holdings, a provider of financial services software and software-enabled services, has announced the leadership team for its recently acquired Advent Software business unit. Pete Hess, who has served as Advent’s President and CEO, will lead SS&C’s Advent business
Aberdeen Asset Management has completed the acquisition of FLAG Capital Management, LLC (FLAG), a diversified private markets manager with offices in Stamford, CT, Boston, MA, and Hong Kong. The acquisition, together with the previously announced purchase of SVG Capital’s stake
Finvex Group, the Brussels based independent financial consulting boutique, has acquired 100 per cent of LuxHedge, the Luxembourg-based alternative UCITS funds data provider. Finvex Group specialises in risk based investment solutions. The company advises institutional investors on optimal portfolio construction
Following an initial announcement in July, JTC has formally completed its acquisition of Kleinwort Benson’s Fund Administration business, taking the company’s global headcount to over 450 staff. Completion follows receipt of approvals from the relevant regulatory authorities and sees JTC
Markit, a provider of financial information services, is to acquire DealHub, a provider of trade processing and trading services to the foreign exchange market. The acquisition will enable Markit to offer customers a comprehensive solution for FX across venue connectivity,
SS&C Technologies Holdings has acquired Citigroup's Alternative Investor Services business, which includes Hedge Fund Services and Private Equity Fund Services, for USD425 million, subject to certain adjustments. "This acquisition is solidly in line with SS&C's strategy of combining organic growth
MUFG Investor Services, the global asset servicing group of Mitsubishi UFJ Financial Group, is to acquire UBS Global Asset Management’s Alternative Fund Services (AFS) business. “This transaction is part of our strategy to build MUFG Investor Services into an industry-leading
