Salient Partners has successfully completed its acquisition of Forward Management, creating a USD27 billion diversified asset management firm and reaffirming the firm’s position as provider of liquid alternative and real asset investment strategies. The combined firm has 250 employees
Pekin Singer Strauss Asset Management, investment advisor to Appleseed Fund and high-net-worth individuals, is supporting Sprott Asset Management’s offer to acquire all outstanding units of Central GoldTrust (GTU). “As Central GoldTrust’s largest unitholder, we’re disappointed that the GTU trustees have
Backstop Solutions Group has acquired Cogency Software, a provider of accounting solutions for multi-manager investment firms. Cogency’s clients are some of the world’s leading Fund of Funds, Endowments, Pensions, Outsourced CIOs, and Family Offices who collectively represent over USD100
Markit is to acquire Information Mosaic, a software provider for corporate actions and post trade securities processing. Information Mosaic’s enterprise software will allow Markit to extend its corporate actions service to support the full corporate actions trade lifecycle and enhance
eVestment, a provider of traditional and hedge fund data and analytics for the institutional investing community, is launching new offerings in the private equity and venture capital arenas. To serve institutional investors who are increasingly investing in private market funds,
Markit has agreed to acquire CoreOne Technologies, a provider of regulatory reporting, index management, data management and prime brokerage services to financial institutions. Lance Uggla (pictured), chairman and chief executive officer of Markit, says: “CoreOne is a great fit for
Managed service and IT infrastructure provider Options, has acquired Jake Roy Pillar, a New York-headquartered technology consultancy for the financial industry and primarily hedge funds. The financial terms of the deal, which closed in the second quarter of 2015, have
CBOE Holdings has finalised the acquisition of the market data services and trading analytics platforms of Livevol, a provider of equity and index options technology and market data services to professional and retail traders, effective 7 August. Financial terms of
BNP Paribas Securities Services has completed the acquisition of Credit Suisse’s Prime Fund Services (PFS) business, a provider of fund administration, custody and banking services for alternative investment managers. This acquisition makes BNP Paribas Securities Services a leader in the
CBOE Holdings is to acquire the market data services and trading analytics platforms of Livevol, a provider of equity and index options technology and market data services to professional and retail traders. The acquisition, which has been approved by the
