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Clearwater agrees to buy investment management platform Enfusion for $1.5B

TechCrunch: M&A

Clearwater Analytics, a company developing accounting, compliance, and risk reporting tools for asset managers, said on Monday it has entered into a definitive agreement to acquire investment management platform Enfusion for $1.5

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MetLife IM set to acquire investment teams managing $6 billion from Mesirow

The TRADE

MetLife Investment Management (MIM) has reached a definitive agreement to acquire three investment teams and assets managed by Mesirow, an independent financial services firm. Nearly $6 billion of assets managed by the acquired team will transfer to MIM, under the terms of the transaction.

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SIFMA and asset management arm voice concerns over the SEC’s proposal to redefine exchanges

The TRADE

SIFMA and its asset management arm have published an open letter expressing concerns about the SEC’s proposal to redefine what constitutes an exchange and expand Regulation ATS, stating that it is not appropriately tailored to existing systems.

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BNP Paribas to pay €5.1 billion for AXA Investment Managers in trillion-dollar asset management JV

The TRADE

BNP Paribas has entered into a definitive agreement to acquire 100% of AXA Investment Managers – representing around €850 million in assets under management – for just over €5 billion. The deal is set to include an agreement for BNP Paribas’ long term management of a large part of AXA’s assets.

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Delta Corp Holdings Limited, a Fast Growing Asset-Light Logistics Company Enters into a Definitive Merger and Share Exchange Agreement with Kaival Brands Innovations Group, Inc.

Global Newswire by Notified: M&A

The closing of the transactions contemplated by the definitive agreement (the “ business combination ”) is subject to certain conditions, including, without limitation, the approval of the shareholders of Kaival Brands and the approval of the listing of the shares of Pubco on the Nasdaq Stock Market (“ Nasdaq ”). GRANT-VALKARIA, Fla.,

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FCA to offer partly ‘rebundled’ research to support UK buy-side

The TRADE

Allocating a budget down to individual teams is common practice, but for some asset managers who consume and repackage research insights centrally this would not have been an option.” From 1 August onwards, the FCA has suggested that firms must ensure they comply with requirements if they wish to use the new option.

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Clearwater Analytics to launch new generative artificial intelligence solution for investment management

The TRADE

Clearwater entered into a definitive agreement to acquire Jump Technologies in September last year. 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. “We