Integrated Asset Management is to sell its wholly-owned subsidiary, BluMont Capital, to Arrow Capital Management. The closing of the transaction is subject to, among other things, receipt of all necessary approvals of applicable securities regulatory authorities. Pending approvals, the
Private equity fund Estancia Capital Partners has acquired a minority interest in Equinoxe Alternative Investment Services, joining XL Group as a strategic investor in the firm. Terms of the transaction were not disclosed. Equinoxe is a boutique full-service
Sub-investment grade corporate credit specialist Alcentra, part of BNY Mellon, has invested in CorpAcq plc, a South Manchester-based company committed to the acquisition and investment in strong asset backed, profitable and cash generative owner-managed enterprises. Headquartered in Altrincham and
Confluence, a provider of data management solutions, has acquired Data Agent, a provider of alternative investment industry data management and reporting solutions. Already a provider of Form PF and Form CPO-PQR reporting solutions, Data Agent brings the experience and
Calastone, the independent cross-border transaction network for the global funds industry, has secured a USD18m round of investment led by Accel Partners with participation from existing investor Octopus Investments. The investment will be used to accelerate the company’s global
Aquiline Capital Partners has made an investment, through affiliates, in Tourmalet Advisors, an alternative investment manager based in Fairfield, Connecticut. Tourmalet, led by chief executive officer Michael Corasaniti, was founded in October 2009 and has a track record of
Prestige Fund Management (PFM), a Cayman-based investment manager, has purchased a significant equity stake in Methexis Holdings, an Isle of Man-based corporation and owners of Methexis Capital Advisors, a UK-based regulated investment manager. Prestige will now be represented on
Morgan Creek Capital Management is to acquire the alternative funds business of Signet Capital Management, a European-based institutional fixed income investment firm. Signet’s alternative funds business has approximately USD700m in assets under management. Under the agreement, Signet will
Appleby has acquired Caledonian Trust (IOM) and Caledonian Fund Services (Europe) as part of the group’s ongoing strategy to grow its fiduciary and administration business. Sean Dowling (pictured), office managing partner of Appleby (Isle of Man), says: “We have continued
Grosvenor Capital Management, one of the world’s largest discretionary allocators to hedge funds, is to acquire the Customized Fund Investment Group (CFIG), a private equity, infrastructure and real estate investment management company, from Credit Suisse Group. CFIG is one
