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Tilman Sayer, Advanced Logic Analytics
Advanced Logic Analytics (ALA), a provider of enterprise-class big data and finance analytics solutions for buy- and sell-side institutions and other financial firms, has appointed Tilman Sayer as chief information officer. Sayer (pictured), who will report to managing director Nick Ellis, will lead the strategic development of ALA’s new and market-leading ALA OneLogic financial analytics suite which includes models for behavioural, emotional and sentiment-based trading and portfolio optimisation models.     “There is a rising importance to financial enterprise use of big data analytics in the markets, in addition to our ALA OneLogic compliance, big data and financial analytics solutions, we
KKR is to acquire a stake of up to 40 per cent in Telxius, a critical telecom infrastructure owner and service provider in Europe and Americas. The deal implies an enterprise value of EUR3.678 billion and is subject to the customary closing conditions.   Telxius owns and operates a large portfolio of nearly 16,000 telecommunications towers in five countries. It also manages an international network with approximately 65,000 kilometres of submarine fibre optic cables, of which around 31,000 kilometres are owned by Telxius. Both business units benefit from growth in their core markets, as the use of mobile data and
RegTech firm Qumram has secured further investment of CHF1.5 million from the technology-focused venture capital firm Mundi Ventures. Headquartered in Madrid, Mundi Ventures has operational presence in Barcelona, London and Seattle.   In addition to providing due diligence support, Mundi Ventures will boost Qumram’s growth strategy by facilitating access to corporate executives, new markets, and new customers. Through this investment partnership, Qumram will gain access to the Mundi Club, a global network of more than 500 Spanish business leaders, located in 41 cities worldwide, including board members of Havas, Kering, Merck, Bertelsmann and Nestle, as well as the CEO of
Steve Pierson, Lovell Minnick Partners
Private equity firm Lovell Minnick Partners has completed a growth investment in Trea Asset Management, an independent asset management firm in Spain. Terms of the private investment have not been disclosed.   Founded in 2006 and with offices in Barcelona and Madrid, Trea currently has approximately EUR2.8 billion of assets under management.   The firm manages traditional mutual funds across equities, fixed income, balanced, and fund of funds primarily through exclusive distribution partnerships with its bank partners, its own branded funds and alternative private equity and credit products.   The Lovell Minnick Partners investment will provide capital to support the
The Russian Direct Investment Fund (RDIF) has formed a consortium comprising Middle Eastern funds and finalised a deal to acquire a minority stake in Russian Helicopters, the helicopter design and manufacturing company, from Rostec. Russian Helicopters’ valuation was estimated at USD2.35 billion.   The transaction consists of two stages. The first stage involves the sale of a 12 per cent stake and an investment of USD300 million, as well as an agreed-upon subsequent potential increase in investment to USD600 million.   This will accumulate a significant amount of funds within the company. These funds are necessary for the implementation of
Scott Madden, Moore Management
First Names Group’s fund services business Moore Management has appointed Scott Madden as funds director. Based in Moore’s head office in Jersey, Madden (pictured) brings with him operational and technical experience including significant skills in organic and inorganic build-outs.   Prior to joining Moore he headed up the integrations team at Sanne, having joined through the acquisition of State Street’s Jersey corporate business in 2014.   Recently he spent six months in South Africa integrating an acquired hedge fund administration business in Cape Town.   Madden says: “I’m thrilled to be joining the Moore Management team. Moore is going from
Carsten Kengeter, Deutsche Borse
Deutsche Börse Group has invested in the first German growth fund for fast-expanding B2B-software companies. The fund has been initiated by Digital+ Partners. The first subscription tranche of the Digital Growth Fund I has been closed with EUR131.5 million.   Deutsche Börse has invested jointly with other institutional investors from Germany such as ZEISS.   “Innovative and fast-growing companies are essential to our economic development. And so we support initiatives to ease their access to capital. Our investment in the fund launched by Digital+ Partners is the perfect supplement to our own direct investments in fintech firms via the DB1
Reiss, owner of the global men's and women's fashion and accessories brand REISS, has appointed Christos Angelides as chief executive officer (CEO) as part of a planned succession process.  Angelides brings over 30 years multi-channel retail experience to Reiss including 28 years at Next where he served for 14 years on the main board as group product director.    Most recently he served as president of Abercrombie and Fitch based in the US.    In addition, Andy Lawrence has joined Reiss as head of international. Lawrence joins from Ralph Lauren where he held a series of senior roles in Asia Pacific
Summa Equity has acquired Linfre Education AB from the company’s founder and a handful of private investors. The founder and CEO Josef Lind will reinvest the majority of his proceeds, and the management team will also invest alongside Summa Equity.   Tommi Unkuri, partner at Summa Equity, says: “We are very excited about concluding Summa Equity’ third investment, and the first one within the investment theme changing demographics. This investment also fits within another of our four themes, tech-enabled business, where education is a core segment. Through Lin Education we will contribute to the digitalisation of the Swedish educational system.
BNY Mellon has appointed Declan Turner as a business development manager for its corporate trust team in Europe, the Middle East and Africa (EMEA). Turner will focus on promoting BNY Mellon’s administration solutions across all loan portfolios, including direct lending and collateralised loan obligations (CLOs).   “Declan has extensive experience in structured finance and his buy-side expertise gives us an invaluable insight into client needs,” says Tom Ahern (pictured), head of BNY Mellon’s corporate trust business in EMEA. “Attracting, developing and retaining top talent is a core strategic priority and remains one of our biggest competitive advantages.”    Turner will be based

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