Investment management business Fidante has acquired a minority stake in Latigo, a fund manager specialising in event-driven investing. As part of the transaction, the Life division of Fidante’s parent company, Challenger Limited, has made an investment in Latigo’s funds. Founded
Tikehau Capital, an alternative asset management and investment group, and T&D Insurance Group, a major Japanese insurance company, have agreed to enter into a business and capital alliance. T&D Insurance Group is one of the largest life insurance groups in
PostFinance, one of the leading retail financial institutions in Switzerland, is a new shareholder of SIX, the operator of the Swiss financial market infrastructure. SIX’s shareholder base of now includes 127 banks and all significant participants of the Swiss financial
McKay Brothers, a specialist in low latency networks, has secured a minority investment from Jane Street Group that will support the continued growth of McKay’s successful private bandwidth and market data businesses. Jane Street Group joins IMC, Tower Research Capital,
Since 2012, European direct-lending loan volumes have surged 120 per cent year-on-year, with an estimated 86 funds raising more than GBP50 billion.1 As Preqin noted in its Q2 2017 private debt report2, Europe had a total of USD39.1 billion of targeted capital.
Lighthouse Investment Partners is to acquire substantially all of the assets of Mesirow Advanced Strategies (MAS) multi-manager hedge fund division. A significant portion of the MAS team is expected to join Lighthouse as part of the transition and will continue
Fiera Capital Corporation is to acquire Clearwater Capital Partners (Clearwater), an Asia-focused credit and special situations investment firm. Headquartered in Hong Kong, Clearwater is a privately held employee-owned asset manager with USD1.4 billion in assets under management. Clearwater’s assets will
SALI Fund Management, a specialist in the creation and administration of Insurance Dedicated Funds (IDFs), has secured a growth capital investment from affiliates of Long Ridge Equity Partners LLC. Proceeds from the financing will be used to further invest in
Deutsche Bank is to exit its Equities Sales & Trading business as part of a wider restructuring plan which will see the business shed 18,000 jobs globally by 2022. The first round of cuts, affecting teams of shares traders in
Pico, a provider of technology services for the global financial markets community, is to acquire Corvil, a specialist in real-time analytics and machine intelligence products for financial markets infrastructure performance and operations. “With Pico as a premiere technology service provider
