Tesseract, an institutional digital asset lending company in Europe and emerging markets which provides digital asset lending solutions to institutional clients, such as hedge funds and retail trading platforms, globally, has raised USD25 million in its Series A funding round.
TA Associates, a global growth private equity firm, has made a significant minority investment in global financial services provider Apex Group Ltd (Apex). Read the full story at Private Equity Wire…
Bitwise Asset Management, one of the world’s largest cryptocurrency index fund managers, has raised USD70 million in a Series B funding round led by Elad Gil and Electric Capital. New backers include Daniel Loeb’s Third Point LLC, alongside individual investors Henry
Suntera Global has continued its growth strategy with the acquisition of Reference Financial Services SA (Luxembourg), a boutique fund administration and corporate services firm. The acquisition, which is subject to appropriate regulatory approvals, adds to Suntera Global’s client base while
In a drive to better serve its clients and increase transparency and understanding of private markets, Preqin — a specialist in alternative assets data, analytics and insights — has acquired Colmore, a private markets technology, services and administration business. Preqin
B Riley Financial, a diversified provider of business advisory and financial services, has acquired the investment advisory business of 272 Capital. Led by Wes Cummins, the growing registered investment advisor employs an in-depth primary fundamental research approach to its long/short
Apex Group, a global financial services provider, has acquired Tzur Management (Tzur), a fund administration services provider with offices in Tel Aviv, Israel and New York. This strategic deal further enhances Apex’s geographic reach and ability to deliver high quality
KB Associates (KBA), a professional services firm advising investment funds and asset managers, has completed its acquisition of EFG Fund Management, a Luxembourg-based management company and subsidiary of EFG International AG, the Swiss Private Banking Group (EFG). The transaction was
Broadridge Financial Solutions has acquired Alpha Omega, a market-leading FIX-based post-trade solutions provider for the investment management industry. This acquisition builds on Broadridge’s recent acquisition of Itiviti.
Fintech, broker and asset management company Darwinex has raised EUR3 million to pursue its ambitious growth aspirations. Leading investors in the round were Stefan Jaecklin and Pinorena Capital who were joined by Darwinex co-founders and a number of key employees
