JD Supra: Mergers

APRIL 10, 2024

Acquisitions of private fund sponsors can be accretive for large asset managers, providing access to attractive investment strategies with equally attractive margins, which can be deployed in new ways on larger platforms. 2023 may have been a surge, but even the first two months of 2024 seem like a tidal wave.

M&A 157

M&A Funds Asset Management Acquisitions 157

Global Newswire by Notified: M&A

JANUARY 8, 2025

SMC Entertainment Closes Acquisition of Boutique Investment Manager, Bateau Asset Management.

Boutique 56

Boutique Asset Management Entertainment Investment Manager 56

The TRADE

JANUARY 26, 2024

Aleksandar Ivanovic UBS has chosen Aleksandar Ivanovic to succeed Suni Harford as president of asset management upon her departure, with the appointment effective from 1 March. Prior to this most recent appointment, was head of client coverage and head of the EMEA and Switzerland regions for asset management.

Asset Management 59

Asset Management Management Trading Acquisitions 59

The TRADE

JUNE 1, 2023

The near-constant stream of mergers and acquisitions across both the sell- and buy-side appears to show no signs of abating as two asset management deals have been announced in the past 24 hours. The post Asset manager consolidation wave continues as two deals announced in 24 hours appeared first on The TRADE.

Asset Management 59

Asset Management Management Mergers and Acquisitions Investment Manager 59

The TRADE

JULY 7, 2023

Generali has entered a definitive agreement to acquire US-based Conning from Cathay Life in a deal that will see it become one of the largest asset management firms in Europe. Earlier this year, UK asset manager Liontrust also entered into a conditional agreement to acquire Swiss asset management company, GAM Holding for £96 million.

Asset Management 52

Asset Management Management Acquisitions Insurance 52

Global Newswire by Notified: M&A

AUGUST 1, 2024

BNP PARIBAS ENTERS INTO EXCLUSIVE NEGOTIATIONS WITH AXA FOR THE ACQUISITION OF AXA INVESTMENT MANAGERS AND A LONG-TERM PARTNERSHIP IN ASSET MANAGEMENT

Asset Management 52

Asset Management Investment Manager Negotiation Management 52

Global Newswire by Notified: M&A

JANUARY 17, 2025

The acquisition marks a key strategic pillar for Hitachi Rails new digital asset management business, known as HMAX. LONDON, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Hitachi Rail has agreed to acquire the cutting-edge digital rail monitoring business Omnicom from Balfour Beatty.

Asset Management 52

Asset Management Management Business IT 52

Global Newswire by Notified: M&A

SEPTEMBER 5, 2024

Asset Management and Financial Services Leader Lou Maiuri Named Chairman and Group CEO Asset Management and Financial Services Leader Lou Maiuri Named Chairman and Group CEO

Asset Management 84

Asset Management Financial Services Acquisitions Management 84

MergersCorp M&A International

NOVEMBER 1, 2024

Valuing an asset management company (AMC) is a multifaceted endeavor that requires a nuanced approach. Asset management companies are integral players in the financial services sector, managing investments on behalf of clients, which can include individuals, institutions, and corporations.

Asset Management 52

Asset Management Management Valuation Discounted Cash Flow 52

The TRADE

SEPTEMBER 19, 2024

Oaktree Capital Management has agreed to acquire Close Brothers Asset Management (CBAM) – the wealth management arm of Close Brothers – for an equity value of up to £200 million, set to be completed in early 2025 pending customary regulatory approvals.

Asset Management 59

Asset Management Management Mergers and Acquisitions Business 59

The TRADE

DECEMBER 14, 2023

The acquisition of VettaFi will add a dynamic new component to our growing information business, with an exciting set of capabilities and a visionary, innovative team committed to client success,” said John McKenzie, chief executive of TMX Group.

Acquisitions 115

Acquisitions Trading Asset Management Business 115

The TRADE

SEPTEMBER 21, 2023

Asset managers are focusing on costs and value, and in turn are not prioritising investment research budgets as the prospect of rebundling looms, a new buy-side study by Substantive Research has found. The post Asset managers not prioritising research budgets as prospect of rebundling looms, study finds appeared first on The TRADE.

Asset Management 59

Asset Management Bulge Bracket Management Broker 59

The TRADE

AUGUST 2, 2024

By joining forces with BNP Paribas, AXA IM would become a global asset manager with a wider product offering and a mutual objective to further their leading position in responsible investing.” billion for AXA Investment Managers in trillion-dollar asset management JV appeared first on The TRADE.

Asset Management 59

Asset Management Investment Manager Management Investment 59

PE Hub

OCTOBER 3, 2023

HighVista is an employee-owned alternative asset manager based in Boston. The post HighVista completes acquisition of Abrdn’s US private markets biz appeared first on PE Hub.

Acquisitions 65

Acquisitions Asset Management Management 65

The TRADE

DECEMBER 27, 2023

This came amidst a near-constant stream of mergers and acquisitions across both the sell- and buy-side this calendar year. Following the acquisition, the business will continue to be led by Jack Seibald and Michael Rosen. billion acquisition of Cowen in March – following an initial announcement in August 2022.

Acquisitions 110

Acquisitions Trading Mergers and Acquisitions Capital Market 110

Global Newswire by Notified: M&A

DECEMBER 14, 2023

PACIFIC GENERAL CLOSES CO-INVESTMENTMENT WITH BROADRIVER ASSET MANAGEMENT IN ACQUISITION OF THE U.S. AND BERMUDA PLATFORM OF LOMBARD INTERNATIONAL GROUP

Asset Management 40

Asset Management Management Acquisitions Investment 40

The TRADE

JULY 15, 2024

Impax Asset Management Group has completed its acquisition of Absalon Corporate Credit’s fixed income assets. The post Impax AM completes acquisition of Absalon’s fixed income assets appeared first on The TRADE.

Acquisitions 59

Acquisitions Asset Management Debt Management 59

The TRADE

SEPTEMBER 22, 2023

Deutsche Börse’s final tender result for its public takeover of SimCorp has been announced today, with the company holding 93.97% of the share capital and voting rights in SimCorp upon completion of the acquisition. The post Deutsche Börse confirms final tender result for SimCorp acquisition appeared first on The TRADE.

Acquisitions 69

Acquisitions Investment Manager Asset Management Shares 69

The TRADE

MARCH 28, 2024

SIX has acquired a majority stake in FactEntry – a global provider of fixed income reference data, analytics, and solutions – in a bid to solidify its position in the asset class as a provider of data and analytics globally. The acquisition closed yesterday 27 March. Financial details are yet to be disclosed.

Asset Management 115

Asset Management Equities Trading Acquisitions 115

Global Newswire by Notified: M&A

DECEMBER 2, 2024

Abacus” or the “Company”) (NASDAQ: ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today announced it has completed the acquisition of Carlisle Management Company S.C.A. ORLANDO, Fla.,

Actuary 45

Actuary Management Acquisitions Asset Management 45

Global Newswire by Notified: M&A

MAY 14, 2024

Wendel completes the acquisition of a 51% stake in IK Partners, a major step in the deployment of its strategic expansion in third-party private.

Asset Management 52

Asset Management Acquisitions IT Management 52

Global Newswire by Notified: M&A

AUGUST 21, 2024

Comprehensive EAM solution suite purpose-built for manufacturers, distributors, logistics and healthcare providers, light rail operators and other asset intensive industries.

Asset Management 45

Asset Management Healthcare Manufacturing Management 45

Global Newswire by Notified: M&A

FEBRUARY 3, 2025

NEW YORK, Feb. billion.

Acquisitions 45

Acquisitions Private Equity Asset Management Funds 45

The TRADE

APRIL 5, 2024

Kepler Cheuvreux subsidiary Ellipsis Asset Management has moved to expand its capabilities in the convertible bond segment with the acquisition of Rothschild & Co’s business. As part of the deal two Rothschild portfolio managers – Cristina Jarrin and Mikael Dauvert – will move to Ellipsis AM.

Asset Management 64

Asset Management Portfolio Management Business Management 64

Global Newswire by Notified: M&A

DECEMBER 2, 2024

The acquisition of FCF, which currently has approximately $850 million in assets under management, constitutes a significant milestone in Abacus’ ongoing expansion of ABL Wealth and its suite of products.

Actuary 40

Actuary Acquisitions Asset Management Management 40

The Guardian: Mergers & Acquisitions

MAY 14, 2023

A consortium comprised of Macquarie Asset Management and British Columbia Investment Management Corporation completed the acquisition of 60% of the equity in National Grid’s gas transmission and meter business in January, in a deal which valued the business at £7.5bn.

Business 77

Business Banking Bank Utilities 77

Global Newswire by Notified: M&A

DECEMBER 4, 2023

Fengate Asset Management announces financial close on the acquisition of a significant portfolio of wireless communications towers in the U.S.

Portfolio 45

Portfolio Acquisitions Asset Management IT 45

Global Newswire by Notified: M&A

MARCH 19, 2024

The acquisition integrates advanced IT, cloud, and SaaS asset security and management capabilities into JumpCloud’s open directory platform The acquisition integrates advanced IT, cloud, and SaaS asset security and management capabilities into JumpCloud’s open directory platform

Asset Management 45

Asset Management Management IT Acquisitions 45

The TRADE

JULY 25, 2023

“Since the acquisition of Jump Technologies, Clearwater has strengthened its front office offering alongside its existing performance modules.” The buy-side front-to-back technology platform services clients including Rothschild & Co Asset Management, Groupama, Groupe VYV, APICIL Asset Management, and Moneta Asset Management.

Investment Manager 98

Investment Manager Management Investment Asset Management 98

Global Newswire by Notified: M&A

MAY 14, 2024

TORONTO, May 14, 2024 (GLOBE NEWSWIRE) -- Virtus Capital Corporation, the asset manager of Virtus Diversified REIT is proud to announce its latest strategic move in expanding its portfolio with the acquisition of a free-standing Walmart tenanted property located in Flin Flon, Manitoba. We originally tied up this property for $5.25

Acquisitions 45

Acquisitions Asset Management Broker Negotiation 45

The TRADE

MARCH 25, 2024

State Street’s Charles River is set to manage the front-office operations for Perpetual Group’s Australian asset management business. Craig Squires, group chief operating officer at Perpetual, explained that the decision came as the business sought to address current challenges and complexities across investment management.

Management 69

Management Asset Management Boutique Investment Manager 69

Global Newswire by Notified: M&A

SEPTEMBER 5, 2024

05, 2024 (GLOBE NEWSWIRE) -- Alpha Financial Markets Consulting (“Alpha”), a leading global provider of specialist consulting services to the financial services industry, has acquired White Marble Consulting (“White Marble”), a specialist marketing consultancy firm to asset management, wealth management and alternatives clients.

Consulting 49

Consulting Asset Management Financial Services Acquisitions 49

The TRADE

FEBRUARY 27, 2024

The firm has also made waves through a number of other bolt-on acquisitions and landmark mandates. trillion asset manager Franklin Templeton outsourcing its entire global transfer agency (TA) operations to FinTech FIS. A spokesperson for FIS said the firm does not comment on market rumour or speculation.

Trading 111

Trading Capital Market Asset Management Capital 111

The TRADE

NOVEMBER 30, 2023

Over the last few months, the market has seen two of the most prominent fixed income trading venues expand their service offerings through acquisitions of algorithmic trading providers. In August, MarketAxess revealed plans to acquire multi-asset algorithmic trading provider, Pragma, for an undisclosed amount at the end of this year.

Trading 64

Trading Acquisitions M&A Funds 64

Global Newswire by Notified: M&A

DECEMBER 2, 2024

a leading provider of wealth management and technology solutions for financial advisors, today announced the close of its acquisition of Morningstar Wealth’s Turnkey Asset Management Platform (TAMP) assets. CONCORD, Calif., 02, 2024 (GLOBE NEWSWIRE) -- AssetMark, Inc.,

Acquisitions 40

Acquisitions Asset Management Business Management 40

Global Newswire by Notified: M&A

DECEMBER 18, 2024

NASDAQ: PWM) (PWM, or the Company), a wealth management and asset management services provider based in Hong Kong, today announced that, on December 16, 2024, it completed its acquisition of all shares of InnoSphere Tech Inc (InnoSphere Tech), a company incorporated under the laws of the British Virgin Islands.

Acquisitions 40

Acquisitions Asset Management Management Shares 40

Global Newswire by Notified: M&A

JUNE 6, 2024

Enhances IT Asset Management Capabilities Designed to Provide Customers with a Single, Integrated Platform New Capabilities Help Customers Reduce Risk,

Asset Management 40

Asset Management Acquisitions Management IT 40