Exiger, a regulatory and financial crime, risk and compliance firm, has acquired The Poseidon Group, a Hong Kong and Singapore-based due diligence and business intelligence firm. With the addition of Poseidon into its growing portfolio of specialised due diligence and
Activist Insight, a provider of news and data on shareholder activism around the world, has acquired New York-based data-provider Activist Shorts Research. Activist Shorts Research, founded in 2014 by Adam Kommel (pictured) and Wayne Gerard, profiles over 100 activist short-sellers
GAM has bought USD4 billion Cantab Capital Partners for a USD217 million upfront cash payment. GAM is also to launch the GAM Systematic investment platform, focused on quantitative investing across long only and alternative strategies. The firm writes that
Value Line Funds, a mutual fund company comprised of equity, fixed income and hybrid funds with assets exceeding USD2 billion, has completed the acquisition of the Alpha Defensive Alternatives Fund. The Fund has been renamed the Value Line Defensive Strategies
Foreside Financial Group, a provider of distribution and compliance services for open- and closed-end funds, exchange traded products, commodity pools, private placements, investment advisers and registered broker-dealers, has acquired Beacon Hill Fund Services, Financial terms of the transaction, which is
City Financial Investment Company has acquired management of the Convex Strategy, with current assets of USD180 million, from Fortress Investment Group in Asia. The strategy will be managed by chief investment officer David Dredge and the investment team who join
The XBT Provider instruments Bitcoin Tracker One (COINXBT) and Bitcoin Tracker EUR (COINXBE) have resumed trading at Nasdaq Nordic in Stockholm following the acquisition of XBT Group by Global Advisors (Jersey) Limited (GAJL). Nasdaq has approved Global Advisors (Jersey) Limited
Horseshoe Group has acquired IKONIC Fund Services (IKONIC) to form an independent fund administrator and insurance manager dedicated to both the Insurance Linked Securities and the alternative fund markets. The transaction, which closed last week subject to customary regulatory approvals,
Alforma Capital Markets, a New York-based US broker-dealer, has taken a step closer to being acquired by BCS Global Markets, the largest securities broker on the Moscow Exchange, by achieving formal regulatory approval from US regulatory body FINRA (Financial Industry
Sanne Group (SANNE) has completed the acquisition of IDS Fund Services (IDS), a leading independent South African based provider of outsourced investment administration services to the asset management industry, with a particular focus on hedge fund clients. IDS was established
