Trient Asset Management AS (Trient), headquartered in Oslo, Norway and Tiger Management LLC (Tiger), headquartered in New York City, have announced a strategic partnership to focus on investing in a global macro strategy. Trient is a new investment company, whose
Paladyne Systems has teamed up with Advise Technologies LLC, a regulatory reporting solutions provider, to specifically support Form PF requirements. Paladyne Systems has integrated the Advise Technologies solution with the Paladyne Suite of data collection and data management products to
Weeden Investors, the parent company of Weeden & Co – a full-service institutional broker, has completed the acquisition of Saxis Group, a full-service prime brokerage business. Under the confidential terms of the agreement, Saxis Group becomes a wholly owned
Graham Stock (pictured), chief strategist at Insparo Asset Management comments on Bharti Airtel decision to sell a stake to Qatar investment group… Bharti Airtel’s desire to raise fresh capital to finance further investment in its African operations highlights the continuing
Backstop Solutions Group, a Software-as-a-Service provider to the alternative asset management industry, has acquired the PerTrac CMS product line, a customer relationship management tool built exclusively for the institutional investment community. The business was acquired from eVestment, a provider
GFI Group has agreed to acquire certain assets of Phoenix Partners Group, an independent inter-dealer broker operating mainly in the international credit and equity markets. As part of the transaction, GFI will be taking on approximately 32 brokers (divided
Deutsche Bank and Financial Risk Management (FRM) have announced a partnership to launch the industry’s first hedge fund seeding managed account platform. The dbalternatives Discovery platform, based on Deutsche Bank’s established and award winning dbalternatives managed account platform, extends
GoldMoney has separated its digital currency-focused arm, Netagio Limited, which it launched in December 2013, from the GoldMoney group. Chief executive officer Geoff Turk says the decision to make Netagio a standalone company is down to the dynamic nature of
Funds managed by Värde Partners have completed the acquisition of FirstCity Financial Corporation. Mark B Horrell, who previously served as senior vice president and head of US acquisitions of FirstCity, has been appointed chief executive officer of FirstCity, succeeding
RiverRock European Capital Partners has acquired a controlling stake in Chenavari Financial Advisors, the broker-dealer business of Chenavari Financial Group. The transaction was completed on 17 May 2013 and the business has been renamed RiverRock Securities (RRS). Established
