A corporate team from Carey Olsen Bermuda has advised Apex Group (Apex) on its purchase of Beacon Fund Services (Bermuda) Ltd, Beacon Corporate Services (Bermuda) Ltd and Beacon Management Limited (Beacon). The acquisition of Beacon, a well-established Bermuda-based fund administrator,
Apex Group Ltd (Apex) has acquired Atlantic Fund Services (Atlantic), a US-based fund administrator serving the traditional and alternative mutual fund market. Apex is a portfolio company of Genstar Capital. The acquisition adds a further USD12 billion in assets under
INTL FCStone’s Singaporean subsidiary is to acquire the futures and options brokerage and clearing business of UOB Bullion and Futures Limited, a subsidiary of United Overseas Bank Limited. Closing is conditional upon receiving regulatory approval by the Monetary Authority of
Acuris, a BC Partners and GIC-backed provider of global data, intelligence, research and analysis, has acquired Blackpeak, an investigative research firm. Co-founded by Jack Clode and Chris Leahy in 2011, Blackpeak has grown to become a premier provider of complex
Janney Montgomery Scott, a full-service wealth management, capital markets, and asset management firm, is to acquire FIG Partners, an Atlanta-based investment banking and research firm. The experienced team at FIG Partners brings nationally recognised expertise within the community bank sector
Medalist Partners, an alternative asset management firm specialising in structured credit and asset-backed lending, has acquired a majority stake in JMP Credit Advisors (JMP Credit Advisors), a US-based investment manager with expertise in managing collateralised loan obligations (CLOs), from a subsidiary
Abacus Group, a provider of IT services for alternative investment firms, has completed the acquisition of competitor Proactive Technologies. The two companies will merge under the Abacus Group umbrella. Since its founding in 2007, Proactive has grown to service over
BlackRock has completed the acquisition of eFront, an end-to-end alternative investment management software and solutions provider. BlackRock says the combination of eFront with Aladdin will set a new standard in investment and risk management technology, vastly expanding Aladdin’s alternatives capabilities
Investcorp, a provider and manager of alternative investment products, has made a strategic minority investment in Banque Pâris Bertrand Sturdza, an independent, Swiss-regulated private bank based in Geneva and Luxembourg. The Bank has experienced strong growth since its establishment in
Pinnacle Asset Management, a commodities and natural resources investment organisation, has acquired the North American natural gas wholesale trading business from Sierentz Global Merchants. Ben Sutton, who most recently served as Head of North American Gas and Power at Noble Americas Corp, will serve as CEO of the new business, which will be
