CVC Capital Partners and Resource America Inc have signed an agreement to combine CVC Cordatus Group and Apidos Capital Management to form CVC Credit Partners. Led by Marc Boughton, Managing Partner, CVC Credit Partners will comprise USD7.5bn of credit assets
Fiera Capital Corporation (Fiera Capital) is to acquire acquire all of the outstanding shares of Foresters Asset Management, a wholly owned subsidiary of Foresters Financial. Foresters Asset Management is an Ontario-based investment management firm focused on institutional and insurance liability-driven
Virtu Financial has acquired the Designated Market Maker (DMM) business for the New York Stock Exchange (NYSE) and NYSE Amex. Terms of the deal have not been disclosed. “This acquisition is consistent with Virtu’s primary business objective of providing highly
Orangefield Group, a provider of administration, management and trust services, has acquired hedge fund administrator Columbus Avenue Consulting. The division will officially operate under the Orangefield-Columbus brand. Orangefield-Columbus has over USD25bn in assets under administration. Clients will continue to work
Legg Mason and affiliate Permal are to acquire Fauchier Partners, a European-based manager of funds of hedge funds, from BNP Paribas Investment Partners. The deal, which will see Fauchier Partners combine with Permal, will create an institutionally focused platform with
