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. Continue reading.

Business 76

Business Banking Bank Utilities 76

The TRADE

JANUARY 10, 2025

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.

Management 69

Management Investment Asset Management Investment Manager 69

The TRADE

JULY 24, 2024

Investment manager Franklin Templeton has become the latest buy-sider to integrate BlackRock’s flagship order management platform, Aladdin. Aladdin supports the entire investment management process across asset classes. The transition will begin in Q2 2025 and will be made up of phases over several years.

Investment Manager 103

Investment Manager Asset Management Management Trading 103

The TRADE

NOVEMBER 28, 2024

Instead, we will need to be familiar with all aspects of the business, from legal and settlement processes to transaction cost analysis and trading. A continuous drive to learn about every single corner of the business and market. I think Armon-Jones uses the phone as an analogy for the business getting even more relationship based.

Trading 98

Trading Engineering Management Collaboration 98

The TRADE

AUGUST 2, 2024

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.

Asset Management 59

Asset Management Investment Manager Management Investment 59

The TRADE

JULY 24, 2023

Head of Europe for UK-based asset manager Federated Hermes, James Rutherford, has stepped down from his role to pursue a technology venture, The TRADE can reveal. I shall be taking up a more active role in a corporate development and investment advisory position, at an extraordinarily exciting time for the business.

Investment Manager 52

Investment Manager Management Investment Portfolio Management 52

PCE

FEBRUARY 19, 2025

Carried interest (or carry) is a way of rewarding professional investment managers with a share of an investments anticipated profits.

Valuation 52

Valuation Private Equity DCF Investment Manager 52

Global Banking & Finance

MARCH 25, 2024

Private Equity Firms Embrace AI for Their Portfolio Companies By Drake Paulson, VP Strategic Partnerships, Anduin The integration of Artificial Intelligence (AI) into business operations has moved beyond mere speculation to tangible ROI. Investment managers […]

Private Equity 81

Private Equity Portfolio Equities Investment Manager 81

TechCrunch: M&A

AUGUST 18, 2023

The transaction was expected to provide Boxed with about $334 million in net cash proceeds, including a $120 million private investment from investors such as Brigade Capital Management, Avanda Investment Management and Onex Credit, Reuters reported.

Mergers and Acquisitions 202

Mergers and Acquisitions Retail Food Acquisitions 202

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

TKO Miller

JUNE 21, 2023

Prior to joining TKO Miller, Griffin was the Legal and Business Management Intern at StartingBlock , where he assisted local startup companies with their business and legal issues. with a Business Law Concentration from the University of Wisconsin-Madison, and a B.A. Griffin holds an M.B.A. Griffin holds an M.B.A.

Mergers and Acquisitions 99

Mergers and Acquisitions Middle Market Acquisition Advisories Advisory 99

Accenture Capital Markets

SEPTEMBER 5, 2023

Robotics Process Automation (RPA) is the application of robotics technology to manipulate existing application software which completes a business process. In institutional investing, many players seem to view RPA as a way to also deal with stringent regulatory requirements, lower projected future returns and growing cost pressures.

Investors 94

Investors Financial Services Insurance Investment 94

Accenture Capital Markets

SEPTEMBER 5, 2023

The year ahead will be busy for institutional investors and pension funds as they navigate political turbulence and speculations around when the economic cycle will shift. The industry is rethinking how to manage the generation, storage, transformation, usage and retirement of both structured and unstructured data.

Investment 89

Investment Funds Management Investors 89

Growth Business

NOVEMBER 23, 2023

By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success The UK is a global leader in fintech. Other than the US and India, there is no other country attracting the numbers of VC investment in the sector. They invest in verticals that include marketplaces (e.g. mortgages, insurance) software (e.g.

Investment 111

Investment Funds Capital Business 111

The TRADE

MARCH 8, 2024

In the role he has been chairperson for Clearstream and covered Investment Management Solutions segment with ISS STOXX and SimCorp. In recent years, we have successfully developed the business model and demonstrated the potential of this company and, in particular, its employees, who work in 56 locations around the world.

Investment Manager 111

Investment Manager Capital Market Trading Capital 111

The TRADE

JUNE 1, 2023

Jenny Johnson, president and chief executive of Franklin Templeton, said: “With outstanding investment performance, Putnam will add complementary capabilities to our existing specialist investment managers to meet the varied needs of our clients and will increase Franklin Templeton’s defined contribution AUM.”

Asset Management 59

Asset Management Management Mergers and Acquisitions Investment Manager 59

The TRADE

SEPTEMBER 7, 2023

Legal & General Investment Management (LGIM) has expanded its footprint across Asia with the opening of its new Singapore office, the latest development in the firm’s growth strategy for the region. In addition, LGIM has expanded its distribution team following increased demand for the firm’s investment solutions.

Investment Manager 64

Investment Manager Investment Management Sale 64

The TRADE

JANUARY 2, 2024

Chris Jenkins, managing director and global head of sales, professional services and support at LSEG TORA has announced his departure following almost two decades with the business. Prior to his 17 year stint at TORA, Jenkins was managing director at Caspian, now LSEG Data and Analytics.

Sale 69

Sale Professional Services Investment Manager Media 69

The TRADE

MARCH 4, 2024

Redburn Atlantic has expanded its UK and European execution business with two new heads of sales trading. Atkins joined Redburn Atlantic in 2004 as a sales trader having previously served for eight years at Morgan Grenfell and two years at Marathon Asset Management. Tony Atkins was appointed UK head of sales trading.

Asset Management 72

Asset Management Sale Trading Equities 72

Global Newswire by Notified: M&A

SEPTEMBER 11, 2024

11, 2024 (GLOBE NEWSWIRE) -- Pursuant to the Investment Management Trust Agreement between Integrated Rail and Resources Acquisition Corp. WINTER PARK, Fla.,

Acquisitions 45

Acquisitions Investment Manager Investment Stock 45

The TRADE

JULY 24, 2023

RBC BlueBay Asset Management’s investment-grade credit trader, Christopher Lemmo, has left the firm to join Norges Bank Investment Management after almost 13 years at the fixed income focused asset manager. He has been appointed senior trader at Norges Bank Investment Management, based in New York.

Asset Management 52

Asset Management Investment Manager Management Equities 52

The TRADE

JULY 31, 2024

Bloomberg is also set to provide Gravis with services related to inbound asset servicer integrations and data reconciliation.

Management 59

Management Capital Asset Management Portfolio 59

The TRADE

DECEMBER 6, 2023

A dilution levy is applied by investment managers as part of their cashflow management process of pooled vehicles to ensure clients are treated fairly while also mitigating the impact of price volatility resulting from cashflow activity.

Portfolio 59

Portfolio Investment Manager Trading Management 59

The TRADE

MAY 30, 2023

TS Imagine has expanded its team in the Asia Pacific with two new appointments from investment management fintech Enfusion. Stephanie Cheung has been appointed sales director, while An Hoong will work within the account management team, responsible for technical account management and client support.

Accountant 64

Accountant Portfolio Management Management Risk Management 64

Global Banking & Finance

DECEMBER 23, 2024

BNP Paribas has formally signed the previously announced 5.1bn ($5.3bn) share purchase agreement for Axa Investment Managers. Axa and BNP Paribas Cardif entered into exclusive negotiations in August to offload Axa’s asset management division.

Shares 52

Shares Asset Management Investment Manager Negotiation 52

The TRADE

SEPTEMBER 10, 2024

The development has enabled six investors to follow-on from their original investment and four additional investors to join the group of firms with a stake in FINBOURNE. FINBOURNE provides investment management solutions and a cloud-native data management platform.

Funds 64

Funds Financial Services Investors Investment Banking 64

The TRADE

JUNE 14, 2024

Saphyre’s automated intelligence enables onboarding and maintenance of custody and broker trading, alongside synchronising associated reference data in real-time.

Broker 64

Broker Financial Institution Trading Investment Manager 64

The TRADE

NOVEMBER 16, 2023

Guido Baltussen has been appointed international head of quantitative strategies at Northern Trust Asset Management, a newly created role in which he will oversee EMEA and APAC. His experience also includes a stint as quantitative investment strategist at ING Investment Management.

Asset Management 59

Asset Management Equities Investment Management 59

The TRADE

JUNE 24, 2024

As part of the role, he helped enhance Barclays’ custom baskets business. Northern Trust Asset Management appointed Naoto Komoro to lead its asset management business in Japan. He joined Northern Trust in 2007 and has since worked in senior roles across portfolio management, client management and sales.

Asset Management 64

Asset Management Management Sale Portfolio Management 64

The TRADE

JUNE 16, 2023

M&G’s global asset management arm has appointed Manabu Fujita as head of M&A Investments Japan. Fujita joins from Schroders Investment Management Japan, where he spent the last 15 years, most recently serving as head of sales. Fujita will report to Loretta Ng, M&G’s head of Asia Pacific. “We

Investment 64

Investment M&A Asset Management Management 64

The TRADE

OCTOBER 27, 2023

Most recently, Legal & General Investment Management (LGIM) expanded its footprint across Asia with the opening of its new Singapore office; the latest development in the firm’s growth strategy for the region. We consider Singapore one of our most significant investment centres, both in Asia and internationally.

Trading 90

Trading Asset Management Management Investment Manager 90

The Deal

JANUARY 25, 2024

billion sale of its commercial security, fire and life safety business unit to GTCR LLC as well as Consolidated Communications Holdings Inc. on its sale to an investor group that included Searchlight Capital Partners LP and British Columbia Investment Management Corp. Last year, Murti helped advise ADT Inc. SGMS) on the $6.05

M&A 52

M&A Sale Investment Manager Business 52

Global Newswire by Notified: M&A

JUNE 12, 2024

June 12, 2024 (GLOBE NEWSWIRE) -- Pursuant to the Investment Management Trust Agreement between Integrated Rail and Resources Acquisition Corp. WINTER PARK, Fla.,

Acquisitions 40

Acquisitions Investment Manager Investment Stock 40

The TRADE

JANUARY 8, 2024

RBC BlueBay Asset Management equity trader, Michael Tamou, left the asset manager to join Qube Research & Technologies (QRT). He originally joined the asset manager as an investment operations analyst in 2020. Prior to his 17-year stint at TORA, Jenkins was managing director at Caspian, now LSEG Data and Analytics.

Asset Management 64

Asset Management Equities Sale Investment Manager 64

The TRADE

JULY 31, 2023

Taitz joined buy-side OEMS provider Adroit as its head of business operations after seven and a half years with Invesco helming its fixed income trading business. During his time with the asset manager, Taitz was responsible for Invesco’s fixed income trading desks in the US, UK and Hong Kong.

Asset Management 52

Asset Management Investment Banking Trading Investment Manager 52

PCE

NOVEMBER 15, 2023

These valuations are crucial for fund and investment managers, as transparency and consistency is important for individual investors, large institutions and other stakeholders. But why are they so important, and what do they really mean for your investment decisions and risk management strategies?

Risk Management 52

Risk Management Valuation Portfolio Management 52

The TRADE

OCTOBER 19, 2023

GAM Holding has confirmed its first steps in the turnaround plan for the business, aiming to return the company to profitability following a turbulent period. GAM has already made several new appointments in recent weeks in a bid to grow the business and increase profits, including changes to the group management board.

Profitability 59

Profitability Shares Investment Management 59