Man Group to acquire US private credit manager Bardin Hill
The move is expected to strengthen Man Group’s current credit platform and help grow the firm’s footprint in North America.
M&A
Jupiter to acquire CCLA Investment Management in £100 million deal
CCLA is the largest UK asset manager focused on non-profit organisations; Move is motivated by strategic, cultural and financial perspectives, according to Jupiter.
Euronext in talks to acquire Athens Stock Exchange
If the acquisition comes to fruition, the combined group would run on a unified trading and post-trade technology, with a cross-border clearing framework.
SIX closes Aquis acquisition
Following completion, Aquis is set to continue to operate under its current brand and retain its existing management team and business model.
Miami International Holdings closes £70 million acquisition of The International Stock Exchange
The move comes after agreement was reached in March 2025.
TP ICAP creates new dealer-to-client credit business with acquisition of Neptune
The move will see banks including JP Morgan, Deutsche Bank, BNP Paribas and Crédit Agricole hold a 30% stake in the new business.
O’Connor investment team to transfer to Cantor Fitzgerald AM following UBS offload
UBS’ sale of O’Connor to Cantor Fitzgerald is expected to close in Q4 2025.
MarketAxess acquires majority stake of RFQ-hub Holdings
The move is expected to drive global expansion of the ETF and derivative RFQ platform and will see MarketAxess hold an approximate 90% controlling stake.
Nomura to acquire Macquarie US and EU asset management units for $1.8 billion
The deal is valued at an all-cash price of $1.8 billion and will see the Japanese firm expanding its global capabilities across equities, fixed income and multi-asset strategies.
Clearwater Analytics completes acquisition of Enfusion for $1.5 billion
The deal is expected to provide the first cloud-native front-to-back platform for the investment management industry.