Hong Kong Exchanges and Clearing (HKEx) and China Merchants Group (CMG) have signed a memorandum of understanding (MOU) for a strategic alliance in product development and related services. The signing ceremony was held in London in the presence of HKEx
Following industry debates that the leveraged buyout market has all but dried up, Preqin examines whether or not buyouts and, in particular, public-to private transactions are still attractive to the investment community. In recent years, trillions of dollars have been
Buttonwood Group Advisors is to list on the FNEX online alternative investment platform via its placement agent, affiliated broker-dealer Joseph Gunnar & Co. FNEX.com provides accredited investors, investment advisors, family offices and institutions access to private investment opportunities offered by
Software AG and Adaptive Consulting have formed a strategic partnership combing Adaptive’s front office applications expertise with Software AG's streaming analytics, complex event processing (CEP), in-memory data management and universal messaging solutions. Matt Barrett, director of Adaptive Consulting says: "Formalising
Two Guernsey firms are merging to create the largest independent fund administration business in the island. In the 50:50 deal, described as a merger of equals, Anson Fund Managers Limited and Bordeaux Services (Guernsey) Limited will join forces and trade
Gar Wood Securities and Axxcess Wealth Management have formed a strategic relationship and joint marketing effort to introduce emerging US hedge fund managers to institutional clients, ultra-high net worth individuals and family offices. The combined effort increases the manager talent
Payments on sovereign credit default swaps contracts related to Greece have been successfully completed, according to the Depository Trust & Clearing Corporation (DTCC). DTCC’s Trade Information Warehouse (TIW) provides post-trade processing services for OTC credit derivative trades. TIW has completed
LCH.Clearnet Group Limited confirms that it has entered into exclusive discussions with London Stock Exchange Group plc regarding a possible transaction. There can be no certainty that the discussions will result in any transaction.
BATS Chi-X Europe and BX Swiss have entered into a partnership agreement designed to bring greater competition and enhanced market efficiencies to the Swiss equities market. The partnership comprises two key elements: · Cross-listings for ETFs: Under FINMA regulations, ETF
Taliance, a global analytics provider serving the alternative investments marketplace, has sold its back office-focused accounting and transactional solutions to asset management software provider Cassiopae. Taliance now intends to concentrate on the rapidly-growing and evolving alternative investments space. Cassiopae, which
