Commodities alternative investment manager J E Moody has joined dbSelect, Deutsche Bank’s platform for accessing liquid hedge fund strategies. The move allows investors to access J E Moody’s Commodity Relative Value (CRV) Program in a transparent, safe, liquid and
IA Englander & Co has agreed to transfer its managed account and prime services platform (MA&PS) to Concept Capital Markets. IA Englander says its resources are best aligned with other parts of the marketplace and that transferring MA&PS to Concept
ICAP, a markets operator and provider of post trade risk mitigation and information services, has made an investment in Enso Financial Management (EFM), an early-stage firm providing hedge funds and asset managers with portfolio reporting and data analytics services.
Red Kite, a metals-focused fund groups, has selected Butterfield Fulcrum as the firm’s fund administrator. After a detailed analysis of Red Kite’s specific needs, Butterfield Fulcrum designed a customised solution to answer the client’s requirements. Teams from both Red Kite
Broadridge Financial Solutions is to acquire Bonaire Software Solutions, a provider of fee calculation, billing and revenue and expense management solutions for asset managers including institutional asset managers, wealth managers, mutual funds, bank trusts, hedge funds and capital markets firms.
RCP Advisors, an independent sponsor of private equity funds-of-funds, secondary funds, and co-investment funds focused on North American lower middle market buyouts, has announced the closing of its first co-investment fund, the USD110 million RCPDirect, LP. “RCP’s strategy has
Mitsubishi UFJ Fund Services, a global asset administrator, has acquired Meridian Fund Services Group, a fund administrator with USD14bn of assets under administration (AuA). Mitsubishi UFJ Fund Services, part of Mitsubishi UFJ Financial Group (MUFG), provides a wide range of
Wells Fargo & Company has completed its previously announced acquisition of LaCrosse Global Fund Services (LaCrosse), an independently managed hedge fund administration and middle-office service provider, from Cargill. This acquisition provides Wells Fargo’s Corporate Trust Services division with a complete
Global institutional trading network Liquidnet is planning to enter the fixed income market with its acquisition of bond trading platform Vega-Chi. The partnership, subject to regulatory approval, will combine Liquidnet’s experience, scale and global reach within the institutional investment community
LCH.Clearnet has completed the transfer of over 300 MF Global UK client positions to the clearing member of the client’s choice. The operation has involved managing client positions across multiple markets including the London Stock Exchange, LIFFE, LME, Nodal, HKMEx,
