Private equity firm TA Associates has completed the acquisition of Frank Russell Company’s asset management business (Russell Investments) from London Stock Exchange Group (LSEG) in a transaction valued at USD1,150 million. Reverence Capital Partners, a financial services-focused investment firm, partnered
StepStone Group is to acquire private debt and hedge fund solutions provider Swiss Capital Alternative Investments. Completion of the deal will follow customary regulatory approvals and is expected to close before year end 2016. Terms of the acquisition have not
Broadridge Financial Solutions has broadened its Global Post Trade Management (GPTM) solution, adding exchange-traded derivatives functionality through the acquisition of Dojima LLC. Through this acquisition, Broadridge Global Post Trade Management will facilitate central clearing for exchange-traded derivatives, which encompasses connectivity
Euronext is in exclusive talks to acquire a 20 per cent equity stake in EuroCCP for EUR14 million (including contribution to regulatory capital) subject to closing adjustments and regulatory approval. In addition, Euronext will offer choice in clearing within the
Cowen Group has completed its previously announced acquisition of CRT Capital Group’s credit products, credit research, special situations and emerging markets units. Financial terms of transaction have not been disclosed. Cowen Group, is a diversified financial services firm and, together
Tortoise Credit Strategies has acquired Bradford & Marzec via a Tortoise-supported management buy-out. Bradford & Marzec is a specialised fixed income boutique with approximately USD4.3 billion in assets under management. Tortoise Credit Strategies, a registered investment adviser focused on fixed
Angel Oak Capital Advisors is acquiring the Rainier High Yield Fund as part of the Angel Oak Trust. Shareholders voted to approve the reorganisation of the Fund and its investment team into the Angel Oak High Yield Opportunities Fund. The
The European Energy Exchange (EEX), part of Deutsche Börse Group, is to acquire the remaining shares in the Singapore-based Cleartrade Exchange (CLTX) from Freight Investor Holdings. The transaction will take effect as of 15 April 2016. With this transaction, EEX
Linedata has completed the acquisition of Derivation, a specialist provider of risk, analytics, and portfolio management solutions to institutional and hedge fund managers. This acquisition immediately enhances Linedata’s comprehensive, global platform across its clients’ entire investment process with support for
Silver Creek Capital Management, an alternative investment boutique focusing on private credit, hedge fund and real asset strategies, has announced that Twin Creeks Timber has completed the acquisition of its initial portfolio of 260,000 acres of Southern US timberland located
