Moscow Exchange securities broker BCS Financial Group has made its first move into the North American market with the acquisition of Alforma Capital Markets, the wholly-owned New York-based subsidiary of Alfa-Bank. BCS’ holding company and AO Alfa-Bank have signed an
AIP Private Capital (AIPPC) and AIP Asset Management (AIPAM), as security agent on behalf of certain of its funds, accounts and partners, are to acquires USD5 million in secured convertible notes and secured non-convertible from Capital Guardian Holding. Each Holder
Cowen Group is to acquire Concept Capital, an independent provider of prime brokerage services. Financial terms of the deal have not been disclosed, but Cowen Group expects the acquisition to be accretive to earnings in 2015. The transaction has been approved
Challenger Limited’s boutique funds management division, Fidante Partners, is to acquire 100 per cent of European alternative investments group Dexion Capital Holdings Limited. Dexion has interests in three specialist fund managers, and also has an investments distribution business, based in
Broadmeadow Capital, a subsidiary of Cedar Capital, has completed the acquisition of the investment strategies and management contracts of F-Squared Investments. "With the transaction completed, Broadmeadow Capital is providing uninterrupted access to AlphaSector investment strategies," says David Cabot (pictured), president
NewStar Financial has agreed to acquire Feingold O'Keeffe Capital, a private alternative asset management firm based in Boston, Massachusetts. The acquisition will add approximately USD2.3 billion to NewStar's assets under management, increasing total pro forma AUM to approximately USD6.4 billion. The
MSCI, a provider of research-based indexes and analytics, is to acquire all of the assets of Insignis, Inc, a data collection and aggregation service for the financial industry. Insignis provides daily automated collection, aggregation and management of financial data, including
IRESS has made two separate acquisitions to boost its presence in both the capital markets and discretionary fund management space within the UK. The two businesses IRESS has acquired are Proquote, a leading provider of trading, market data and connectivity
Aberdeen Asset Management has struck a deal with Advance Emerging Capital Ltd (AEC) whereby Aberdeen will acquire 100 per cent ownership of the London-based investment company. AEC focuses on global emerging and frontier market equities. AEC is a London based specialist
Federated Investors is to acquire approximately USD1.1 billion of Huntington money market fund (MMF) assets which will transfer to two Federated money market funds with comparable investment objectives and strategies. Approximately USD236 million in prime money market assets will be
