Hedge fund Alden Global Capital (Alden) is to acquire all of the outstanding shares of the common stock of Tribune Publishing, owner of the Chicago Tribune, the New York Daily News and other local newspapers, for USD17.25 per share in
JTC, a global provider of fund, corporate and private client services, has acquired INDOS Financial and its subsidiaries (INDOS) for a maximum consideration of GBP12.5 million. The initial consideration is GBP11 million which will be settled in cash GBP10 million
AKJt Holdings Limited (AKJt), an affiliate of AK Jenson Group (AKJ), a provider of turnkey trading and infrastructure solutions for fund managers, has acquired RiskCap Ltd. RiskCap was formed in 2013 and offers services including governance, risk management, and regulatory
ION Investment Group (ION) is to acquire options technology and execution provider Dash Financial Technologies from Flexpoint Ford. Read the full story at Private Equity Wire…
AcadiaSoft, a provider of risk and collateral management services for the derivatives community, has acquired capital markets consulting and software company Quaternion. Read the full story at Institutional Asset Manager…
Cairn Capital Group (Cairn Capital), supported by Mediobanca as its majority shareholder, is to acquire and merge with Bybrook Capital (Bybrook), a specialist distressed credit manager based in London. Read the full story at Private Equity Wire…
Securitize, a primary issuance and lifecycle management platform for digital securities, and an SEC-registered transfer agent, is to acquire Distributed Technology Markets (DTM), an SEC and FINRA registered broker-dealer and alternative trading system (ATS). DTM received approval in 2020 for the
Apex Group, a global financial services provider, has acquired FundRock Management Company SA and FundRock Partners Ltd (FundRock).Read the full story at Institutional Asset Manager…
International asset management consultancy, MJ Hudson, has acquired Bridge Group, a funds service provider based in Ireland, conditional on Irish regulatory approval. The acquisition will build on MJ Hudson’s specialist funds operations in London, Luxembourg and Guernsey and adds a strategically
StatPro Group, an AIM listed provider of cloud-based portfolio analysis and asset pricing services for the global asset management industry, has acquired ODDO BHF’s regulatory risk services bureau, for an undisclosed sum in cash. The acquisition adds a full, managed
