AlphaMetrix LLC, founder of the AlphaMetrix Global Marketplace (AGM), has acquired the hedge fund managed account assets of WR Group LLC. The acquisition of WR’s managed account assets across multiple strategies and asset classes will serve to strengthen the depth
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
State Street Global Markets, LLC (SSGM), intends to join SwapClear, LCH.Clearnet’s global over-the-counter (OTC) IRS clearing service, by June, 2012 subject to regulatory approval. SwapClear’s total clearing membership is currently 61. “Our membership will provide our institutional investor clients with
Mastercard is to make a USD300 million cornerstone investment in Network International’s planned IPO on the London Stock Exchange. The companies have also agreed to enter into a strategic partnership to support and accelerate the development of electronic payments in
JTC, a provider of fund, corporate and private wealth services to institutional and private clients, has acquired Exequtive Partners, a Luxembourg-based specialist provider of corporate and related fiduciary services. Exequtive Partners’ 28 employees, including the five principals, will all join
The IMS Group (IMS), a leading global governance, risk and compliance services group has acquired all outstanding shares in the New York based subsidiary of the same name, IMS Consulting US (IMS US). This is the second acquisition this year
Palmer Square Capital Management, along with Montage Investments and Atlantic Asset Management, has agreed an investment partnership with LNG Capital, a long/short European credit firm based in London that focuses on European corporate credit investments. In addition to securing significant
New Forests Inc has launched Forest Carbon Partners – an investment vehicle for California-compliant forest carbon offset projects – and closeed of the fund’s first two transactions. Forest Carbon Partners offers forest carbon offset project finance and development services to
Gottex Fund Management has completed the acquisition of a majority interest in Frontier Investment Management, a UK multi-asset investment management firm. Michael Azlen, founder and chief executive of Frontier, will retain a substantial equity interest in Frontier, which has
