Cowen Group is to acquire CRT Capital Group’s credit products, credit research, special situations and emerging markets units. The acquired business will be named Cowen Credit Research and Trading and will focus on distressed debt, special situations and emerging markets.
iCapital Network, a financial technology platform that provides the high-net-worth market with access to alternative investments, has acquired Credit Suisse’s HedgeFocus business. The HedgeFocus portfolio contains more than 20 hedge fund access vehicles representing approximately USD1.8 billion in assets in
Following Fidante Partners’ acquisition of Dexion Capital Holdings Limited in July 2015, the combined business is rebranding as Fidante Partners. The business will operate as Fidante Partners and Fidante Capital and comprises an international investment management business which is fully
SS&C Technologies Holdings has completed the acquisition of Citi's Alternative Investor Services Business, a provider of hedge fund and private equity fund administration services. SS&C acquired the business unit from Citi for approximately USD321 million. Citi's Alternative Investor Services Business
Franklin Square Capital Partners has provided a USD260 million unitranche term loan to support the acquisition and combination of Trover Solutions and Equian by New Mountain Capital, a New York-based alternative investments firm that manages approximately USD15 billion of private
50 South Capital Advisors, the investment advisory subsidiary of Northern Trust is to acquire the hedge fund solutions provider Aurora Investment Management, a wholly-owned subsidiary of Natixis Global Asset Management. The addition of Chicago-based Aurora will offer clients of both
Tradeweb Markets, an operator of global fixed income and derivatives marketplaces, has acquired CodeStreet, a specialist in data-driven trade identification and workflow management software development. The transaction will leverage the technology and expertise of both firms to enhance corporate bond
Intercontinental Exchange is to acquire Standard & Poor’s Securities Evaluations, Inc. (SPSE), a provider of fixed income evaluated pricing, and Credit Market Analysis (CMA), a provider of independent data for the over-the-counter (OTC) markets from McGraw Hill Financial (MHFI). When
Elian has formally completed its acquisition of SFM Europe. Merging Elian's existing International Finance team and the SFM Europe team, the combined service line will be made up of more than 150 employees, and it will be led by SFM
Banking and payments technology specialist FIS has closed it s acquisition of SunGard, a financial software and technology services companies. The acquisition will allow FIS to offer a broad range of enterprise banking and capital markets capabilities that will further
