S&P Capital IQ, a provider of multi-asset class research, data and analytics, has entered into a long-term, strategic agreement with Tullett Prebon Information (TPI), part of Tullett Prebon, one of the world’s largest inter-dealer brokers. The deal covers broad use
ACAS CLO 2013-1, an affiliate of American Capital, has closed on the sale of USD414m of collateralised loan obligation bonds. The transaction was arranged by Deutsche Bank Securities. The CLO is externally managed by American Capital Leveraged Finance Management, a
Two law firms in the Cayman Islands have agreed to merge early in the new year forming one of the strongest and most experienced practices in the Caribbean. Travers Thorp Alberga and Paget-Brown will continue as Travers Thorp Alberga with Ian
Investcorp, a provider and manager of alternative investment products, has made a strategic minority investment in Banque Pâris Bertrand Sturdza, an independent, Swiss-regulated private bank based in Geneva and Luxembourg. The Bank has experienced strong growth since its establishment in
Alternative investment managers Gottex Fund Management and EIM Group have reached agreement on the proposed merger of their businesses. The deal, which is subject to certain conditions including approval of Gottex shareholders, will establish a global investment management company with
Strata Fund Solutions (Strata), a fund service administrator for venture capital, private equity and other alternative asset managers and allocators, has closed a significant growth equity investment from FTV Capital. Strata will continue investing in technology, product and client-centric service
Pinnacle Asset Management, a commodities and natural resources investment organisation, has acquired the North American natural gas wholesale trading business from Sierentz Global Merchants. Ben Sutton, who most recently served as Head of North American Gas and Power at Noble Americas Corp, will serve as CEO of the new business, which will be
Powernext has been reappointed as the operator of the national registry for guarantees of origin in France for electricity produced from renewable sources or via co-generation. In addition, the mandate of Powernext has been extended to include the organisation of
Arrow Capital Management has received all necessary approvals of applicable securities regulatory authorities to complete the purchase of BluMont Capital Corporation from Integrated Asset Management. BluMont is the manager of the Exemplar Global Agriculture Fund, the Exemplar Global Infrastructure Fund,
Fund administrator GlobeOp is to be acquired by private equity firm TPG Capital in a deal worth around GBP508 million (USD800 million). The deal follows GlobeOp’s announcement on 6 January 2012 that it was carrying out a review of its
