KRM22, a technology and software investment company that focuses on risk management for capital markets, has partnered with deltaconX, a provider of regulatory reporting services for European financial-, energy- and commodity trading organisations. The deltaconX SaaS-based service, which will be
Progressive Capital Partners (Progressive Capital), an independent Swiss investment boutique specialising in niche alternatives and managed futures strategies, is to acquire Vontobel Asset Management’s “Alternative Fund Solutions” unit. Further to an existing mandate and a fund solution, their current team of
Alpha FMC, a provider of specialist consultancy services to the Asset and Wealth Management industry has completed the acquisition of Obsidian Solutions Limited, a financial services cloud-based SaaS business in the United Kingdom. Obsidian brings a highly complementary suite of
Vistra, a global corporate service, trust and fund administration provider, has completed the rebrand of London Legalisation Services (LLS), a London-based provider of legalisation and consular services, as Vistra. Derek Kemp (pictured), Regional Managing Director, UK, Ireland, Channel Islands &
EDBI, a global Asian-based Investor, is now a Pico investor and strategic partner. Pico provides transparent, low-latency financial markets solutions. Instant access to financial markets is provided via PicoNet, a globally comprehensive network platform instrumented natively with Corvil analytics and telemetry. Its
Evercore Partners Inc has agreed to purchase a 45% non-controlling interest in ABS Investment Management, LLC, an institutionally focused equity long/short hedge fund-of-funds manager. Under the terms of the purchase agreement, Evercore will pay approximately USD45 million in cash to
Saba Capital Management, the USD4.7 billion hedge fund set-up by credit derivatives trader Boaz Weinstein, has appointed Throgmorton to provide a full-range of back-office services for its new UK operations. Saba Capital set up its UK entities in June, and
Event-driven investment firm Pinyon Asset Management has partnered with alternative asset management firm GCM Grosvenor. Patrick Burke, former event-driven equity portfolio manager at Sandell Asset Management from 2004-2010, is the chief investment officer and managing partner of Pinyon. Burke
Specialist finance and advisory firm Trafalgar Capital Advisors (TCA) has entered into a strategic partnership with Marylebone Fund Management Group to launch the PreIpo2Ipo fund, which will provide bridge financing to innovative organisations seeking listing on small-cap exchanges or listing
The signing of Jersey’s Tax Information Exchange Agreement (TIEA) with India is a welcome development in the island’s progress in establishing closer commercial ties with the country, according to Jersey Finance chief executive, Geoff Cook. “For the last five years
