Intercontinental Exchange (ICE) has acquired a 4.7 per cent stake in Euroclear, a provider of post-trade services, including settlement, central securities depositories and related services for cross-border transactions across asset classes, for EUR 275 million. ICE anticipates having one representative
Intercontinental Exchange (ICE), an operator of global exchanges and clearing houses and provider of data and listings services, has completed its acquisition of the Bank of America Merrill Lynch Global Research division’s fixed income index platform, which will become part
Apex Group’s Apex Fund Services is to acquire Deutsche Bank’s Alternative Fund Services (AFS) business, a deal that will add USD170 billion in AUA and make Apex the eighth largest fund administrator in the world, and the largest independent administrator.
New Silkroutes Group’s (NSG) wholly-owned subsidiary New Silkroutes Capital (NSC), is to acquire a 66 per cent stake in European fund manager Culross Global Holdings Limited and related companies in a deal worth USD2.6 million. As part of on-going efforts
JP Morgan’s Quorum platform, an enterprise-variant of the Ethereum blockchain, has been acquired by blockchain software company ConsenSys.
QuantHouse, an independent global provider of end-to-end market data and trading through API based technologies, is to acquire high-speed network provider Victory Networks inc. Victory Networks designs, implements, and manages high-speed networks for bulge-bracket banks, boutique financial firms, and hedge
Hedge fund incubator and accelerator Emergence, and NewAlpha Asset Management, the SICAV’s delegated manager, have selected VIA AM as the first investment for Emergence’s new European equities fund. Launched in June 2017 with a target of EUR300 million, the fund
HC Global Funds Services (HC Global), a provider of fund administration services to seed fund, accelerator fund, venture, and private equity funds as well as special purpose vehicles, has formed a strategic partnership with AST Private Company Solutions (AST PCS).
Granite Shore Power, a newly-formed joint venture between Atlas Holdings and Castleton Commodities International (CCI), has submitted the winning bid of USD175 million to acquire select generating assets of Eversource Energy. These assets total 1,130MW of capacity and include the
Nasdaq is to acquire Sybenetix, a surveillance provider that combines behavioural analytics and cognitive computing with financial markets expertise. Sybenetix’s technology offering is designed to solve key surveillance challenges facing the asset management industry. The addition of Sybenetix to
