The Waystone Group has announced that it has signed definitive agreements to acquire the Irish and UK businesses of Link Fund Solutions (LFS), a division of Link Group, subject to regulatory approvals and other contractual conditions.
Data from PwC show that the UK saw 4,232 M&A deals across 2022, compared to 5,033 for the previous year, representing a 16 per cent decline.
abrdn plc has announced that it has entered into an agreement to sell abrdn Capital, its discretionary fund management business, to LGT.
The management team of global investment consultancy bfinance has undertaken a buyout of the firm, with the purchase of a 51 per cent stake formerly held by Baird Capital. The transaction has been supported by Beach Point Capital Management.
Digital prime brokerage GCEX (GCEX Group) has announced that it has partnered with Komainu, a joint venture between Nomura, hardware technology company, Ledger, and digital asset investment manager, CoinShares.
Asset management service provider Waystone has bought fund administrator and fiduciary services provider Centaur Group.
Thoma Bravo, the USD120 billion US-based private equity firm specialising in the software and technology sectors, has raised more than USD30 billion in its latest fundraising round – including the launch of the largest ever tech-focused buyout fund.
Global alternative investment firm Investcorp is to acquire Marble Point Credit Management, a leading US-based CLO manager, in a deal that will boost its expanding credit investment platform and take the group’s overall assets under management to USD50 billion.
Nuveen, the USD1.1 trillion New York-based investment manager owned by US pensions giant TIAA, has made a major move into the fast-growing European private debt market with the announcement of the acquisition of leading Europe-focused manager Arcmont Asset Management.
Waystone has acquired T. Bailey Fund Services Limited (TBFS), strengthening its presence in the UK Authorised Corporate Director (ACD) and fund administration market and increasing its ACD-related assets under oversight to in excess of GBP10 billion.
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