Solactive AG (Solactive) has acquired 100 per cent of the share capital of Global Property Research BV (GPR) from Van Lanschot Kempen NV.  PGR holds a longstanding track record in the indexing business and is a registered Benchmark Administrator under the European Benchmarks Regulation. Since its inception, in 1995, the

JTC has acquired Essential Fund Services (EFS), New York-headquartered provider of a broad range of services in the alternative assets space, including accounting, reporting and administrative services to investment partnerships and their investment managers.  The acquisition will be settled via cash and JTC equity. Gerard Federici will continue to lead

DAI has acquired MicroVest Capital Management (MicroVest), a lender to responsible finance institutions. The deal expands the capabilities of DAI’s investment management arm, DAI Capital.  Founded in 2003, MicroVest allocates private investments to financial institutions that serve disadvantaged and underbanked enterprises in emerging markets. The company has disbursed more than

Growth-oriented private equity firm Parthenon Capital Partners is to acquire acquire a majority stake in KBRA, a full-service global rating agency.  KBRA is the largest global credit rating agency founded in the wake of the global financial crisis. KBRA has more than 400 employees across its five offices in the

CIFC Asset Management (CIFC), an alternative credit specialist serving institutional investors globally, is to acquire LBC Credit Partners (LBC), a leading middle market direct lending platform.  CIFC’s acquisition of LBC follows a series of positive developments for the firm, which in 2021 grew its assets by more than USD5 billion.