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Confirmed: IBM acquires Polar Security for $60M to automate cloud data management

TechCrunch: M&A

Update : IBM has now confirmed the news and said Polar will be integrated into its Guardium unit (itself based on an acquisition from way back in 2009 ). million in funding from Gilot, IBI and a number of individuals. No price disclosed. Original article below. Polar emerged from stealth a little over a year ago , armed with $8.5

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ABN AMRO re-joins CLSSettlement

The TRADE

Jacco Keijzer The bank was part of the initial first group of settlement members that went live when the service launched in 2002, moving to an indirect, third party participation in 2009. Jacco Keijzer, head of global markets, ABN AMRO, explained: “Mitigating FX settlement risk has always been a priority for ABN AMRO.

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MFS Investment Management hires fixed income emerging markets trader

The TRADE

He originally joined Aberdeen Standard Investments as a liquidity controller in 2009. Prior to this, he also worked at Credit Suisse Asset Management for more than four years, working in trade support, and later as a funding and derivatives assistant vice president. Beer confirmed his appointment in an announcement on social media.

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UK corporate venture capital firms by sector

Growth Business

By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success In the UK, cleantech, AI, health and biotech dominates venture capital funding – a trend that looks to continue into Q4 and early in the new year. It looks to partner with start-ups which are best suited to media exposure, such as mass-market consumer brands.

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How the Growth of Private Credit is Impacting Private Equity

OfficeHours

The growth of private credit can be traced back to the Great Financial Crisis of 2008-2009. The buyer universe for this debt most often includes collateralized loan obligation (“CLO”) funds, high-yield mutual funds, insurance companies, and other similar institutional buyers.

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People Moves Monday: Peel Hunt, Redburn Atlantic, RBC Capital Markets, Citi, and more…

The TRADE

The fourth hire is Stuart Marenghi, now director, hedge fund sales, also reporting to Johnson.

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Timing is Everything when Selling your Business

Lake Country Advisors

Investment funds are still on the sideline waiting for profitable opportunities. 2008-2009 The great recession, representing the greatest retraction since the Great Depression. There were a total of 12 recessions in the 20th Century alone. 2020 In April 2020 the US economy lost an astonishing 20.8