Inverdale Capital Management (Inverdale), an asset manager focused on alternative investments, has announced a strategic partnership with Ballast Asset Management (Ballast). Ballast, founded in 2015 and led by Portfolio Manager Ragen Stienke (pictured), pursues a value-oriented, long-only strategy focused on
Switch Datacenter Group has sold its AMS1 data centre and operations to Equinix, in an all-cash transaction for EUR30 million (USD34 million). Switch Datacenter Group sees the sale as a logical step on its path to strengthening its focus on
Middle East alternative asset management firm Gulf Capital has successfully closed a new long-term AED500 million syndicated revolving credit facility from its existing lenders. The new four-year facility will boost the firm’s liquidity and help it maintain its strong investment
iM Global Partner has acquired a 40 per cent interest in Scharf Investments, an independently owned and employee-controlled US equity value firm with USD3.4 billion in AUM as of end of March 2019. With this new acquisition in the US,
GLMX, a comprehensive technology solution for the trading of repurchase agreements (repo) and secured lending, has raised USD20 million in growth equity financing. The investment will help the firm expand its operations into major European markets and bolster its engineering
RUSAL, a Russian aluminium producer and key supplier in the commodities space, is teaming with Braidy Industries, a US base holding company which owns both Veloxint, an MIT-incubated lightweighting solutions company, and NanoAl, a Northwestern University incubated materials research and
Powernext and the Ukrainian gas network operator PJSC UKRTRANSGAZ have signed a Memorandum of Understanding (MoU) to evaluate possibilities for future cooperation. Powernext would bring its European experience in offering market-based tools to infrastructure operators while PJSC UKRTRANSGAZ would bring
White Oak Equity Partners (White Oak), a private equity firm that purchases minority GP interests in alternative asset managers, has acquired a minority interest in Blueshift Asset Management, a quantitative investment firm focused on statistical arbitrage and high-frequency trading strategies.
Canadian alternative asset manager Ninepoint Partners has acquired the assets of LOGiQ Global Partners, a global institutional advisory business, from Flow Capital Corp. The LOGiQ Global Partners team has a long history of helping institutional investors achieve greater portfolio diversification
Exotix Capital, a London headquartered developing markets financial institution, has rebranded to become Tellimer Group (Tellimer). Over 1400 firms are already connected to Tellimer’s proprietary platform which combines innovative technology with in-depth experience across 170 developing markets to deliver and
