MidOcean Credit Partners, an affiliate of MidOcean Partners, a premier New York-based alternative asset manager, has closed a USD600 million collateralised loan obligation (CLO), MidOcean Credit CLO VII. The transaction was led by Goldman Sachs & Co. The CLO
SEI has acquired Archway Technology Partners, a provider of operating technologies and services to the family office industry and the institutions who service that market. SEI says the move will allow it to better serve the family office segment, and address
ICE Endex is now a fully owned subsidiary of Intercontinental Exchange (ICE), following ICE’s acquisition of the remaining 20 per cent stake of ICE Endex shares from NV Nederlandse Gasunie. Terms of the deal have not been disclosed. In
Pan-European private equity firm IK Investment Partners’ (IK) IK Small Cap I Fund is to acquire a minority stake in Third Bridge, a primary research provider. Financial terms of the transaction have not been disclosed. Third Bridge provides its clients
Lorne Park Capital Partners has signed a letter of intent (LOI) to purchase all of the outstanding securities of Crestridge Asset Management (Crestridge), an independent portfolio manager based in Toronto. Crestridge provides discretionary investment management and wealth management services for
Triad has joined the AIREX Market Partner (AMP) Program, a global service that gives companies their own turnkey, self-curated, and co-branded AIREX Markets. AIREX Markets allow partners like Triad to offer their customers, clients, website traffic, and employees a large
Capita Asset Services is working with Irish fintech start-up, Fund Recs, to automate its cash and portfolio reconciliation process. The cloud-based software will automatically reconcile broker and custodian data to Capita’s fund accounting system, InvestOne Enterprise. Clients will benefit from
Options has partnered with Observable Networks, a specialist in security analytics, to provide dynamic endpoint modelling for client networks. Observable’s Dynamic Endpoint Modelling analyses all network endpoint devices in order to help identify early-stage indicators of suspicious behaviour and potential
Dyal Capital Partners, a division of Neuberger Berman Group, has acquired a strategic minority stake in private credit and special opportunities alternative investment manager, Atalaya Capital Management. Dyal will become a passive, non-voting partner in Atalaya. All of the proceeds
Intercontinental Exchange’s (ICE) subsidiary, Interactive Data, is to work with AllianceBernstein (AB) to help the firm evaluate its trade execution quality and perform transaction cost analysis (TCA). The work will be done across various mutual funds and separately managed portfolios using
