Wells Fargo’s alternative investment feeder fund platform, which supports a full suite of alternative investment solutions including hedge funds and direct private investments, is to be acquired by iCapital Network.Read the full story at Wealth Adviser…
Following regulatory approval from the FCA, JTC has completed the acquisition of INDOS Financial, as announced in February 2021. INDOS Financial builds on JTC’s well-established fund services capabilities and will allow the Group to offer enhanced governance and technical
Global fintech Gresham Technologies (Gresham), a specialist in providing real-time solutions for data integrity and control, banking integration, and payments and cash management, is to acquire post-trade automation specialists, Electra Information Systems, (Electra). Read the full story at Institutional Asset
Talos, an institutional technology provider for digital asset trading, has completed a USD40 million Series A investment round led by Andreessen Horowitz and including investments from PayPal Ventures, Fidelity Investments, Galaxy Digital, Elefund, Illuminate Financial, and STEADFAST Capital Ventures. Read
SteelEye, the UK-based compliance technology and data analytics firm, has announced plans to bolster its footprint by expanding into North America. SteelEye, which has seen rapid growth in Europe since launching in 2017, delivers a comprehensive SaaS-based regulatory technology (regtech)
StoneX Financial Pte Ltd (StoneX), a subsidiary of StoneX Group Inc, has become an Overseas Intermediary of the Dalian Commodity Exchange (DCE), Shanghai International Energy Exchange (INE), and the Zhengzhou Commodity Exchange (ZCE), giving it the ability to offer access
Xponance, a USD12 billion multi-strategy investment firm, and Investcorp, a USD35 billion leading global provider and manager of alternative investment products, have entered into a strategic partnership to collaborate on General Partnership (GP) staking and seeding interests in diverse and
CI Financial Corp is to acquires full ownership of alternative fixed-income investment firm Lawrence Park Asset Management (Lawrence Park). CI currently holds a minority interest in Lawrence Park, a Toronto-based alternative asset manager founded in 2011. Lawrence Park manages approximately
Abry Partners-backed Options Technology, a provider of IT infrastructure to global Capital Markets firms, has closed on its acquisition of Fixnetix, a DXC Technology Company. Financial terms of the agreement have not been disclosed. Fixnetix provides outsourced front-office trading
TMX Group subsidiary Trayport Limited (Trayport) is to acquire Tradesignal, a provider of rules-based energy trading and analysis solutions. “The acquisition of Tradesignal is another milestone in our growth strategy, as we continue to focus on meeting the increasing market
