Founded in 2016 by industry experts Scott Feagans and Moshe Siegel, NetXpress provides colocation, data centre services, exchange and WAN connectivity globally. The NetXpress low latency architecture employs a unique ULL, Layer1 distribution technology to achieve the lowest latency profile
GTT Communications has acquired Custom Connect, an Amsterdam-headquartered provider of high-speed network connectivity serving multinational enterprises and financial trading firms. “The acquisition of Custom Connect extends GTT’s network and strengthens our service offerings in high growth financial markets,” says Rick
Stater Blockchain Limited, the owner of FCA regulated Prime of Prime brokerage Stater Global Markets, is to acquire Hashcove Limited, a UK-based blockchain focused tech company co-founded by Kunal Nandwani. Hashcove has deep domain expertise in Smart Contracts and KYC and has customised
Digital Assets Data, a financial technology and data company focused on the burgeoning cryptoasset industry, has closed its first equity funding round, led by North Island, the investment firm of prominent technology investor and Silver Lake co-founder Glenn Hutchins, along
Euronext has closed a share swap of its 2.3 per cent stake in LCH Group for an 11.1 per cent stake in LCH SA, becoming minority shareholder in the business in the process. Following the swap, Euronext will maintain representation
Activist hedge fund Cevian Capital has agreed to sell its entire shareholding in AB Volvo (Volvo) to Zhejiang Geely Holding Group (Geely Holding), subject to regulatory approval. The acquisition comprises 88.47 million A-shares and 78.77 million B-shares, corresponding to 8.2 per
AnaCap Financial Partners (AnaCap), a specialist European financial services private equity firm, has sold First Names Group, a leading independent provider of trust, corporate, real estate and fund administration services worldwide. The buyer is SGG Group, a leading multi-jurisdictional provider
The Alternative Investment Management Association (AIMA), the global representative of alternative investment managers, has signed a Memorandum of Understanding (MoU) with the Insurance Asset Management Association of China (IAMAC), a self-regulatory organisation for China’s national insurance asset management industry. AIMA
Carnegie Affiliated Managers (Caram) is to acquire (via its subsidiary Caram Alternative Investments AB) approximately 35 per cent of the equity in Albatris AB (Albatris), with Albatris’ management retaining 65 per cent. Albatris’ ambition is to be a leading investment
Wall Street Access Corp has acquired a majority interest in RJL Capital Group (RJL), a New York-based provider of prime brokerage and trading services. Terms of the private transaction have not been disclosed. RJL provides a suite of integrated prime
