Abacus Group has secured a minority investment from WestView Capital Partners. Drake Star Partners acted as an exclusive financial advisor to Abacus Group on this transaction. Founded in 2008, Abacus Group has successfully served the hedge fund and financial institution
Allianz Global Investors (AllianzGI) and Allianz Capital Partners (ACP) are joining forces to extend the range of investment expertise available to AllianzGI’s broad global client base. From 1 January 2018, ACP will become a discrete entity under the umbrella of
Inflexion Private Equity is to acquire Estera, a global provider of funds, corporate and trust services from Bridgepoint. Following completion of the investment, Estera will be merged with Inflexion’s existing portfolio company Ocorian, forming a global corporate service and fund
TFG Asset Management, the alternative investment management unit of Tetragon led by Reade Griffith, is taking a minority stake in Contingency Capital, a new litigation finance-focused fund manager founded by ex-Fortress Investment Group partner and managing director Brandon Baer. Contingency
Public company data providers Activist Insight and Proxy Insight are to merge to form Insightia.Read the full story at Institutional Asset Manager…
WHP Global (WHP), a new brand management platform led by Chairman & CEO Yehuda Shmidman has launched backed by a USD200 million equity commitment from funds managed by Oaktree Capital Management (Oaktree). WHP was founded to acquire and manage multiple
BT has agreed a seven-year contract with TP ICAP, a provider of market infrastructure. The new contract will provide its 700-strong broker team in London with a secure, software-based platform and applications featuring remote working capabilities. The new service will
Crow Point Partners (CPP), an investment advisor providing global alternative investment management solutions, has entered a strategic partnership with Cold Creek Capital (Cold Creek). The two Boston-based boutique managers will collaborate on existing investment strategies. Additionally, Crow Point will provide
Genoa-based Banca Carige has entered into exclusive negotiations with London-based hedge fund Chenavari Investment Managers, over the sale of its consumer credit company Creditis Servizi Finanziari (Creditis). Banco Carige is aiming to agree a deal by 6 December as it
European mid-market private equity investor Equistone Partners Europe (Equistone) is to acquire Moody’s Analytics Knowledge Services (Knowledge Services), a provider of bespoke research, analytics and automation technology to the financial services sector, from Moody’s Corporation. Established in 2014 through the
