US Bancorp Fund Services has agreed to acquire Quintillion Limited, an Ireland-domiciled full-service hedge fund administrator. The announcement supports US Bancorp Fund Services’ initiative to expand its alternative investment servicing network supporting the European investment community. “This acquisition continues
The Depository Trust & Clearing Corporation (DTCC) is to acquire full ownership of Omgeo, combining Thomson Reuters’ 50 per cent stake in the company with DTCC’s existing 50 per cent ownership. The transaction will facilitate increased collaboration among investment
PerTrac has announced an exclusive partnership with MondoAlternative, Italy’s largest provider of hedge fund data. The MondoAlternative database contains qualitative and quantitative records on over 2,200 hedge funds, including all the Italian "fondi speculativi", more than 1,200 European hedge funds,
European asset manager La Française and Tages Capital, an alternative multi-management solutions provider, have entered into a strategic partnership. Under the terms of the partnership, La Française will acquire a 40 per cent stake in Tages Capital and delegate the
Yahoo! is to repurchase 40 million shares of Yahoo! common stock beneficially owned by hedge fund Third Point at a purchase price of USD29.11 per share. The purchase price equals the closing price of Yahoo! common stock on 19
Cantor Fitzgerald Asset Management (CFAM), a subsidiary of Cantor Fitzgerald, has acquired California-based Fintan Partners, a fixed income absolute return fund of hedge funds. Fintan, led by founder Alexander Klikoff, will become part of Cantor Fitzgerald Asset Management (CFAM).
KKR & Co has acquired a 24.9 per cent interest in BlackGold Capital Management, a credit-oriented hedge fund specialising in energy and hard asset investments. Financial terms of the transaction have not been disclosed. Established in 2006 by co-founders
SEI has been selected by Asset Value Investors (AVI) to provide full fund administration and trustee and custodial services for the investment manager’s new Irish Qualified Investment Funds (QIFs). AVI, a London-based global manager, launched the QIFs to offer
Sal Naro, former co-managing partner of Sailfish Capital, a USD4.4 billion asset management firm with approximately USD2 billion in hedge fund assets, is launching Coherence Capital Partners LLC (Coherence Capital). Naro was most recently a shareholder in and Vice Chairman
Kanaly Trust has partnered with Meritage Capital to develop alternatives investment solutions for high net worth (HNW) investors as part of their portfolio strategy. This is a joint effort between the two firms with Meritage acting as a sub-advisor.
