Connectivity solutions provider TransFICC has closed a Series A investment round for £5.75 million. Led by AlbionVC, it included new strategic investments from ING Ventures and HSBC, who join existing shareholders, Citi, Illuminate Financial, Main Incubator (the R&D unit of Commerzbank Group) and The FinLab. The investment will be used to extend product and market […]
Capitolis has raised $40 million as it completes its Series B round of funding, which was led by Spark Capital and SVB Capital. Existing investors, Index Ventures, Sequoia Capital and S Capital also participated in the round, bringing the total capital raised to date to $70 million. Capitolis says that this latest funding will support […]
A decade after launching, oneZero secured new outside investment this week. Galen Stops takes a look at the logic behind this deal for all the parties involved. Earlier this week, Lovell Minnick Partners (LMP), a private equity firm focused on investments in the global financial services industry, completed a minority investment in oneZero Financial Systems. […]
Traditional “long-only” investors are joining quantitative early-adopters in using alternative data to achieve investment alpha, according to a new study from Greenwich Associates. Nearly half of investment managers that participated in the study said that they use alternative data, with another quarter planning to do so in the next 12 months. Meanwhile, the study shows […]
Systematic FX manager Sequoia Capital Fund Management has reached a key landmark in its growth, the firm says, revealing that at the start of trading this month the London-based fund passed $100m in assets under management.
Douglas Garistina, CEO & CIO of SCFM, says, “We are very pleased to have received a significant capital allocation from a large institutional client that takes our business to the next level. One of the key drivers for this investment is the orthogonal returns our strategy provides to their portfolio.