FundRock Management Company is to acquire SEB’s wholly owned subsidiary, SEB Fund Services in Luxembourg. The completion of the transaction will be subject to the CSSF’s approval for the change of control. SEB Fund Services is offering third party management
Pretium Partners has acquired the investment management business of Latigo, a fund manager that specialises in event-driven investing with strategies including distressed securities, special situations and long/short credit and equity investing.Latigo co-founders David Ford and David Sabath are joining Pretium
IQ-EQ has acquired Blue River Partners (Blue River), a US provider of outsourced solutions to alternative asset managers in a deal that IQ_EQ says makes it a major player in the US private equity and hedge fund services market. The newly
Matchbook, the talent marketplace for the financial services industry, has entered into a strategic alliance with Argyll & Buchanan (A&B), a provider of prime brokerage solutions for startup and emerging managers, to provide clients with best-in-class recruiting technology and executive
STP Investment Services, a provider of middle office and investment operations outsourcing, fund services and technology solutions, has expanded the breadth of its existing services with the acquisition of Accusource, an investment operations firm serving the investment management industry. The acquisition
CubeLogic, a provider of Business Intelligence enabled Enterprise Risk Management and Compliance solutions has secured two new client signings working in partnership with Numerix, a provider of leading-edge solutions for pricing, market risk, credit risk, XVA and FRTB. Within eight months
European software investor Hg is to acquire stakes from Keensight Capital and Pléiade Venture in smartTrade Technologies (“smartTrade”), a specialist in multi-asset electronic trading solutions, headquartered in Aix-en-Provence, France. David Vincent, CEO & co-Founder, and the smartTrade management team will remain
Cowen has entered into an agreement to cooperate with Global Prime Partners (GPP) to transition GPP’s International Prime Brokerage business to Cowen. Cowen and GPP will work together to implement this transition efficiently and with a commitment to best serve GPP’s
Leucadia Asset Management, has formed a strategic relationship with Dymon Asia Capital and made an investment in the Dymon Asia Multi-Strategy Investment Fund. In connection with the transaction, Leucadia Asset Management will acquire an economic interest in certain of Dymon Asia
First Eagle Investment Management (First Eagle) has completed its previously announced acquisition of THL Credit Advisors (THL Credit).First Eagle Alternative Credit, as the combination of First Eagle’s existing private credit platform and THL Credit is now known, focuses on both
