Eden Rock Group has purchased Gottex’s stake in ERG Asset Management and now owns the firm outright. Eden Rock and Gottex established the joint venture in 2011 to focus on providing cost effective solutions to funds holding illiquid investments, as
CBOE Holdings is to acquires Bats Global in a cash and stock transaction valued at approximately USD32.50 per share, or a total of approximately USD3.2 billion, consisting of 31 per cent cash and 69 per cent CBOE Holdings stock. The
Thomson Reuters has signed a definitive agreement to acquire REDI Holdings, a trading technology pioneer whose flagship REDIPlus execution management system (EMS) provides advanced cross-asset class trading capabilities to the buy-side. The acquisition is expected to close by the end of
RJO MENA, an affiliate of RJ O’Brien & Associates, has acquired Lombard Forte Securities Limited (LFS), a Dubai-based provider of a diverse range of execution and brokerage services to a wide range of customers including hedge funds, asset managers and
California-based financial services communications consultancy KCD PR has acquired Wall & Broadway, a boutique consultancy specialising in technology clients with an emphasis in the fintech sector. As part of this transaction, Wall & Broadway founder Philippa Ushio has joined KCD
Alter Domus, a fund and corporate services provider is now able to offer third party Alternative Investment Fund Manager (AIFM) services following its acquisition of Luxembourg Fund Partners, a Super Manco with Chapter 15 (UCITS) and AIFM authorisations. Founded in
SS&C Technologies Holdings is to acquire CACEIS North America, the fund administration business of CACEIS based in Toronto and New York. The acquisition, which is subject to customary closing conditions, is expected to close in the first quarter of 2018.
TD Securities US has acquired Albert Fried & Company (AF&Co), an established New York-based broker-dealer. The purchase of AF&Co's services and capabilities, which include self-clearing, securities lending and a prime brokerage technology platform in its final stages of development, is
MassMutual affiliates Babson Capital Management, Cornerstone Real Estate Advisers, Wood Creek Capital Management and Baring Asset Management are now fully integrated and operating as a unified company under the Barings name. The Barings brand and logo have been refreshed in
INTL FCStone, a financial services organisation delivering execution and advisory services in commodities, currencies and securities, has acquired the London-based EMEA oils business of ICAP. The business includes over 30 front office employees across the fuel, crude, middle distillates, futures
