UBS AG has acquired an equity stake in Chi-X Global Holdings LLC and will join the consortium of five financial institutions that recently bought a minority stake in the firm. The group that UBS joins comprises BofA Merrill Lynch, GETCO
Citco Corporate & Trust has reached an agreement to acquire Société Européenne de Banque’s (SEB) Corporate Management Services business. SEB plans to focus on its core banking activities. SEB is the Luxembourg establishment of Intesa Sanpaolo Banking Group, Italy’s leading
Krishna Kumar, Ade Odunsi and Treesdale Partners have formed Goose Hollow Capital Advisors to run two FX investment strategies, FX Global Income Access and Commodity Producers Currency Access. Kumar and Odunsi are veterans of the FX business with a combined
PineBridge Investments has signed an agreement to invest in, and provide services to, Method Holdings (Method), a financial holding company focused on aggregating the wealth management subsidiaries of “Top 100” CPA firms. The PineBridge-Method partnership is designed to bring PineBridge’s
State Street Corporation has agreed to acquire hedge fund administrator Goldman Sachs Administration Services (GSAS) from The Goldman Sachs Group, in a cash transaction with a total purchase price of USD550 million. The deal, which pending regulatory approvals and other
The existing management team of Larch Lane Advisors, a specialist in early stage hedge fund investing and seeding, is to acquire the business from parent company Old Mutual Asset Management (US). The transaction is expected to close by the end
eFront, an alternative investment software solutions provider backed by private equity firm Francisco Partners, has acquired DMLT, a provider of investor reporting and portal services for the alternative asset community. “I am pleased to bring together two world-class organisations to
Peppercomm Strategic Communications has acquired Walek & Associates, an independent financial, capital markets and investor relations firm. The move combines Peppercomm’s full suite of integrated marketing and communications offerings, including creative design, digital, social media, experiential and strategic licensing,
Hassans, the Gibraltar based international law firm, is pleased to announce the completion of its 10th fund transaction, raising EUR1.45 billion since July 2011. These fund transactions cover sectors, such as Chinese securities, Online Gaming applications, African Resources, Private Equity/Real
Van Eck Associates has acquired a hedge fund beta business and team from Lyster Watson, and will be offering a suite of strategies called Trackers. Trackers are hedge-style beta strategies based on indexes developed using a patented methodology and proprietary
