Investment management business Fidante has acquired a minority stake in Latigo, a fund manager specialising in event-driven investing. As part of the transaction, the Life division of Fidante’s parent company, Challenger Limited, has made an investment in Latigo’s funds. Founded
McKay Brothers, a specialist in low latency networks, has secured a minority investment from Jane Street Group that will support the continued growth of McKay’s successful private bandwidth and market data businesses. Jane Street Group joins IMC, Tower Research Capital,
SALI Fund Management, a specialist in the creation and administration of Insurance Dedicated Funds (IDFs), has secured a growth capital investment from affiliates of Long Ridge Equity Partners LLC. Proceeds from the financing will be used to further invest in
MackeyRMS, a provider of research management software, has secured a significant equity investment from Resurgens Technology Partners. The partnership makes MackeyRMS the third FinTech investment in Resurgens’ USD200 million flagship private equity fund, and will enable the Company to accelerate
Refinitiv has made a strategic investment in alternative data platform and marketplace BattleFin forming a partnership which will provide customers with access to alternative datasets across its data platforms, including quantitative data management platform QA Direct in the Cloud. Quants
Offshore law firm Carey Olsen has advised SoftBank Group Corporation and its Vision Fund on the USD865 million investment into Katerra, the construction technology startup.
NextWave Ventures, a venture-capital firm specialising in the commercialisation of early-stage technologies, today formed Apical Technology, a portfolio of artificial intelligence (AI) technologies. Advanced by Ron St Onge and Jim St Onge, Apical is the result of nearly 20 years
Mosaic Smart Data, a real-time capital markets data analytics company, has completed an USD9 million investment round to support its rapid product development and global expansion. The round was co-led by CommerzVentures and Octopus Ventures and includes JP Morgan –
GLMX, a comprehensive technology solution for the trading of repurchase agreements (repo) and secured lending, has raised USD20 million in growth equity financing. The investment will help the firm expand its operations into major European markets and bolster its engineering
RUSAL, a Russian aluminium producer and key supplier in the commodities space, is teaming with Braidy Industries, a US base holding company which owns both Veloxint, an MIT-incubated lightweighting solutions company, and NanoAl, a Northwestern University incubated materials research and
