Abel Noser has finalised the management-led buyout (MBO) of the firm along with private equity fund Estancia Capital Partners. The transition of the business to the second generation of senior management after the retirement of its founding partners aims to
MMA Capital Management has entered into an agreement with an affiliate of TSSP, a special situations investment platform, to form a solar lending joint venture. The joint venture will operate under the name Renewable Energy Lending (REL) and will provide
Gottex Fund Management has completed the second tranche of its recapitalisation, with some 20,000,000 newly issued shares now trading on the SIX Swiss Exchange. Based on the issue price of CHF0.31 per newly issued share, the company expects to receive
Wealth managers Rathbones and Smith & Williamson are in talks to agree a merger which will create a GBP55 billion wealth management firm. Rathbones will effectively take over Smith & Williamson as the larger firm which manages GBP36 billion, against
Nasdaq and SIX Swiss Exchange have extended their current technology contract, which includes X-stream INET Trading technology for all SIX markets, including equities, ETFs, structured products, funds and fixed income, as well as SMARTS Market Surveillance and Nasdaq Pre-Trade Risk Management. In addition,
RWC Partners, through its emerging and frontier markets team led by John Malloy and James Johnstone, has entered into an advisory relationship with RiceHadleyGates (RHG). Malloy (pictured) and Johnstone have had a long-standing relationship with the emerging markets oriented strategic
Hazeltree, a provider of integrated buy-side treasury management solutions, has added BlackRock to the partner network of Hazeltree LiquidityWeb, an integrated cash management and sweep platform. The partnership provides mutual clients with an efficient way to manage cash and sweep
SunOpta, a company focused on organic, non-genetically modified and specialty foods, has entered into an agreement with funds managed by alternative asset management firm Oaktree Capital Management. Oaktree is an investor in the consumer and retail industry, with a track
Financial services provider SS&C Technologies has acquired Wells Fargo Global Fund Services, a provider of administration, middle-office, operations and cash/collateral management services to alternative investment managers. The terms of the deal have not been revealed. Wells Fargo GFS administers more
Elevate, a provider of online credit solutions for non-prime consumers, has increased its credit facility with Victory Park Capital (VPC), a privately held registered investment adviser dedicated to alternative investing, by an additional USD100 million to a total of USD545
