Gottex Fund Management is to concentrate on alternative solutions, multi-asset and Asian-focused asset management following the completion of its merger with EIM Group. The merger, which is expected to complete soon, is subject to approval from the Swiss regulator FINMA.
Harbinger Group, the publicly traded holding company run by hedge fund manager Philip A Falcone, is offering to acquire, directly or through one of its affiliates, all of Central Garden & Pet Company for USD10.00 in cash per share. The
ULLINK, a provider of electronic trading solutions and connectivity to the financial community, is to acquire NYFIX and Metabit from NYSE Technologies, part of Intercontinental Exchange (ICE). The transaction, which is subject to regulatory approval, is expected to close in
British hedge fund manager Man Group is to acquire Numeric Holdings, a privately-owned, Boston-based quantitative equity manager with USD14.7 billion of funds under management as at 31 May 2014. Man will pay USD219 million in cash to acquire Numeric, with
Interactive Data, a provider of fixed-income evaluated pricing, is to provide hourly snaps from its continuous evaluated pricing feed to Algomi Honeycomb (Algomi). Interactive Data will provide evaluated prices to the Honeycomb platform for high-yield and investment-grade US and European
Thirteen global banks, ICAP plc and market infrastructures The Depository Trust & Clearing Corporation (DTCC) and Euroclear have joined forces with AcadiaSoft, to solve an industry problem involving margin flows. Four global banks, as well as ICAP, DTCC and Euroclear
Taliance, an analytics software provider in the alternative investment marketplace, has selected Hipercept, to serve as its channel partner for North and South America. Taliance’s software solution, GlobalAsset, complements the technology infrastructure of alternative asset investment firms through real-time, dynamic
CV Holdings has entered into a Securities Purchase Agreement and an Investor Rights Agreement with an affiliate of Tricadia Capital Management in connection with the sale in a private placement of shares of newly created Non-Convertible Senior Preferred Stock shares
Best Credit Data (BCD), a provider of end of day bond pricing data, is partnering with Exchange Data International (EDI), to distribute BCD Municipal Bond End-of-Day Pricing data to EDI clients around the world. BCD Municipal Bond Pricing provides end
Deloitte has formed an alliance with Recommind to deliver a managed service to investment banks, transforming the way Over-the-Counter (OTC) International Swaps and Derivatives Association (ISDA) agreements are managed. The new offering will consist of a Deloitte service wrapping around
