MJ Hudson and MW Cornish & Co have merged their respective private equity and hedge funds practices with immediate effect. The merged firm, known as MJ Hudson, will be committed to providing a specialist legal service to the global alternative
Neuberger Berman has broadened its alternative investment platform with the acquisition of specialist asset manager Cartesian Re, which, with its affiliate Iris Re, manages more than USD1 billion in assets under management (AUM) focussing on the insurance-linked strategies (ILS) asset
FundRock Management Company (FundRock) has completed the acquisition of SEB Fund Services (SEB FS) from Skandinaviska Enskilda Banken AB (publ) (SEB). The deal was first announced on 22 May and has concluded following regulatory approval from the Commission de
The British Columbia Securities Commission has settled with two men who admitted to participating in an alleged market manipulation involving a US over-the-counter issuer. In two separate settlement agreements with BCSC staff, BC residents Malkeet Singh Bains and Narvinder Singh
BlackRock is to acquire 100 per cent of the equity interests in eFront, an end-to-end alternative investment management software and solutions provider, from private equity firm Bridgepoint and eFront employees, for USD1.3 billion in cash. The combination of eFront with
Dalton Strategic Partnership LLP (DSP) is closing two funds within its Melchior range of UK OEIC Funds. The move has been made in order to focus its efforts on a smaller number of funds. The Melchior Japan Opportunities Fund
ML Capital, a European independent fund structuring and investment management firm, has officially rebranded to MontLake, along with the new slogan – Fund. Invest. Operate. The rebrand reflects MontLake’s vision of being the investment fund industry’s most client-centric company; combining
SteelEye, a compliance technology and data analytics firm, has completed a GBP2.9 million fundraise extension led by capital markets venture capital firm, Illuminate Financial, bringing the total seed funds raised to GBP5.7 million. The funding will help drive the
International fund manager Managing Partners Limited (MPL) has signed a partnership deal with MIDF Amanah Asset Management Berhad (MIDF Amanah), the asset management arm of Malaysian Industrial Development Finance Berhad (MIDF). The deal will give Malaysian investors the opportunity to
Ares Management Corporation has completed its conversion to a corporation under Delaware law and changed its name from Ares Management to Ares Management Corporation. Since Ares had already elected to be taxed as a corporation for US federal and state
