KB Associates (KBA), a professional services firm advising investment funds and asset managers, is to acquire EFG Fund Management SA, a Luxembourg-based management company and subsidiary of EFG International AG, the Swiss Private Banking Group.
AK Jensen Group (AKJ), a provider of turnkey trading and infrastructure solutions for fund managers, has acquired FMG Malta Ltd (FMG), a full scope Alternative Investment Fund Manager (AIFM) for both traditional and crypto hedge funds. The acquisition, which is
ARK36, one of Europe’s fastest-growing cryptocurrency-focused investment funds, has partnered with CVX Ventures, a Danish venture investor, as part of the fund’s ongoing effort to strengthen its presence in the European market and to provide more value at scale to
BondIT, an independent portfolio construction technology provider for fixed income, and Scorable, a provider of AI-driven credit analysis, are to merge and combine their technologies in a bid to transform fixed-income investing.
Fireblocks has raised USD30 million in Series B funding, bringing its cumulative fundraising to USD46 million. This round was led by Paradigm with participation from existing investors, Cyberstarts, Tenaya Capital, Swisscom, Galaxy Digital, Digital Currency Group (DCG), and Cedar Hill
Cloud-based technology company Eleven has announced the beta release of new technology that transforms how investments in private equity funds and hedge funds are made.Read the full story at Private Equity Wire…
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…
