Samuel A Ramirez, a securities firm and bond market specialist, has seen over USD22 billion in sell-side fixed income trades as of 31 July 2016, already surpassing its 2015 year-end totals. The growth is one result of the firm's strategic
Fund administration provider MainstreamBPO is to acquire New York-based hedge fund administration business Fundadministration. Fundadministration is a US full-service fund administration firm that works with emerging and established hedge fund managers, registered investment advisers and traders. The firm administers
An affiliate of alternative investment platform FAB Partners is to acquire US private debt investment manager CIFC for approximately USD333 million in cash. Under the terms of the merger agreement, CIFC shareholders will be entitled to receive USD11.46 in cash
Rhenman & Partners Asset Management is to launch a global equity long-short fund on 31 August, named Rhenman Global Opportunities L/S. The fund can invest in all sectors worldwide and will be managed by Staffan Knafve. Rhenman Global Opportunities
Nasdaq has extended its contract with BM&F Bovespa – the largest stock exchange in Latin America – for the use of the SMARTS Market Surveillance platform across Brazil's equities, commodities and futures markets. Nasdaq has been working with BM&F Bovespa
After a drawdown in June due to the market turmoil surrounding the Brexit vote, the UCITS HFS Index bounced back in July, reporting gains of 0.75 per cent. The broad index started the month with a positive performance of 0.32
European exchange group Euronext is to acquire a 20 per cent stake in central counterparty EuroCCP for around EUR14 million, subject to closing adjustments. This follows the announcement on 12 May confirming Euronext was in exclusive talks to acquire a
Franklin Square Capital Partners is consolidating its brands under the name FS Investments, with its affiliated broker-dealer FS2 Capital Partners becoming FS Investment Solutions. The transition coincides with the firm's expansion of its alternative investment solutions, as well as its education and
Crestline Specialty Lending (CSL), a part of the opportunistic investment group of credit-focused institutional alternative asset manager Crestline Investors, is supporting benefitexpress’ add-on acquisition of benefitsCONNECT. benefitexpress, headquartered in Schaumburg, Illinois, provides a cloud-based Software-as-a-Service platform for employee benefits and
Bats Global Markets is to acquire Javelin SEF, a swap execution facility (SEF). The deal is intended to accelerate Bats’ plans to offer trading of non-deliverable forwards (NDFs) for the foreign exchange market. Javelin currently offers trade execution for
