iCapital Network, a financial technology platform focused on alternative investments, has closed a USD146 million capital raise to fuel future growth.
Funds advised by YFM Equity Partners (YFM) have backed a GBP5.6 million investment into Unbiased EC1 Limited (Unbiased) an online platform that connects people to providers across the Financial Adviser, Mortgage Broker and Accountancy markets.
DWS Group (DWS) has acquired a minority stake of 24.9 per cent in Arabesque AI, a UK-based company focuses on Artificial Intelligence (AI) to predict stock price developments via its proprietary AI engine, combining big data, machine learning, and high-performance computing.
CBPE Capital LLP (CBPE) has invested in Perspective Financial Group Limited (Perspective), following approval from the FCA.
Franklin Templeton is to acquire a material stake in the Embark Group, joining existing long-term institutional investors BlackRock, Legg Mason and FNZ, as well as the Merian Chrysalis fund.
Pathstone, a Registered Investment Advisory (RIA) firm with over USD15 billion in assets under advisement as of end of September 2019, has secured an investment from Lovell Minnick Partners (LMP), a private equity firm focused on investments in the global financial services industry and related technology and business services companies.
Research published by online investment platform, interactive investor, has found that in the last 15 years, survival rates of some investment trusts have been as low as 33 per cent.
Principal Global Investors is to align the emerging market fixed income capabilities within Finisterre Capital and Principal Global Fixed Income to meet growing client demand and fuel future product development.
The Citco Group of Companies (Citco) has expanded partnership with Solovis, a multi-asset class portfolio management, analytics and reporting platform for asset owners and allocators.