Armstrong Investment Managers has invested into the newly launched sterling share class of the Swiss & Global JB Absolute Return Europe Equity Fund, managed by Andy Kastner, through its flagship IM Distinction Diversified Real Return Fund. The Julius Baer Absolute
Bipsync, a research platform provider for investment management firms, has secured USD7 million in a growth investment round led by Edison Partners. FINTOP Capital also participated in the round. Proceeds will be used to expand Bipsync’s global footprint and
The Carlyle Group is to acquire Diversified Global Asset Management (DGAM), a manager of hedge funds with more than USD6.7bn in managed and advised assets. Equity for the transaction will come from Carlyle’s balance sheet. The transaction is expected to
Apex Group (Apex) and Genstar Capital (Genstar) have acquired the Corporate and Private Client Services (CPCS) and Throgmorton businesses of Link Group’s Asset Services division. The acquisition increases Apex’s global assets under administration (AUA) to nearly USD600 billion. The
Guardian Capital Group is to acquire a specialist boutique emerging market equity investment firm in London, providing the firm with an international platform to expand its asset management business. Guardian has agreed to acquire London-based Zephyr Management (UK) Ltd, manager
Oaktree Capital Group and China Cinda Asset Management are to jointly invest in distressed assets in China and to cooperate with respect to distressed assets investments in markets outside China. The memorandum of understanding states that Oaktree and Cinda will
Broadway Technology, a provider of high-performance fixed income and foreign exchange solutions, has acquired 100 per cent of Barracuda FX, a global provider of FX order management technology. With this acquisition, Broadway will continue to expand its product suite and
Avelacom, a provider of global connectivity and IT solutions provider for the financial services industry, has selected Interxion as its data centre partner in Ireland. As Dublin’s financial industry continues to thrive with the growth of fintech, banking and cryptocurrencies,
Fund administrator Apex Group (Apex) has acquired Beacon Fund Services (Bermuda) Ltd, Beacon Corporate Services Ltd and Beacon Management Ltd (Beacon). Apex is a portfolio company of Genstar Capital. The acquisition of Beacon, a Bermuda-based fund administrator, adds USD10 billion in
A corporate team from Carey Olsen Bermuda has advised Apex Group (Apex) on its purchase of Beacon Fund Services (Bermuda) Ltd, Beacon Corporate Services (Bermuda) Ltd and Beacon Management Limited (Beacon). The acquisition of Beacon, a well-established Bermuda-based fund administrator,
