KPMG has acquired the New Jersey-based Rothstein Kass enabling the firm to leapfrog Ernst & Young (EY) to become the largest auditor of hedge funds by numbers.
Clearstream, the post-trade services provider, has acquired Citco’s hedge fund custody processing business, as the Luxembourg-based firm seeks to expand its work with alternative investment managers.
The Alternative Investment Management Association (AIMA) has appointed three new directors to its global council, its governing body.
Cordium, the regulatory compliance firm, has acquired the Maltese-based Zodiac Advisory Services in what is its third buy-out in as many months.
BNY Mellon is to acquire the remaining 65% ownership stake in HedgeMark, the managed accounts platform.
The funds of hedge funds’ businesses of Tages Capital and La Francaise are to merge creating a joint venture with $3 billion in Assets under Management (AuM).
Cordium, the regulatory compliance consultancy, has acquired HedgeStart.
This expansion will provide a further boost to Cordium's accounting division and adds corporate and private client services to its product line.
Anthony Belchambers is to step down as chief executive of the Futures and Options Association (FOA) after more than two decades at the helm of the organisation, which represents firms engaged in derivatives trading.
Gottex Fund Management and EIM Group are to merge creating a combined business with just under $10 billion in Assets under Management (AuM).