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Clearwater agrees to buy investment management platform Enfusion for $1.5B

TechCrunch: M&A

Clearwater Analytics, a company developing accounting, compliance, and risk reporting tools for asset managers, said on Monday it has entered into a definitive agreement to acquire investment management platform Enfusion for $1.5

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MetLife IM set to acquire investment teams managing $6 billion from Mesirow

The TRADE

MetLife Investment Management (MIM) has reached a definitive agreement to acquire three investment teams and assets managed by Mesirow, an independent financial services firm. Nearly $6 billion of assets managed by the acquired team will transfer to MIM, under the terms of the transaction.

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Clearwater Analytics picks up SaaS business Enfusion in $1.5 billion deal

The TRADE

Clearwater Analytics is set to acquire Enfusion a software-as-a-service (SaaS) solutions provider for the hedge fund and investment management industry for $1.5 Sandeep Sahai The definitive merger agreement confirms that the purchase price will be delivered in an approximately equal mix of cash and stocks.

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The rebundling conundrum

The TRADE

At the time, a significant concern for asset managers was the possibility that access to, and quality of, research would be diminished. Allocating a budget down to individual teams is common practice, but for some asset managers who consume and repackage research insights centrally this would not have been an option.”

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Equity Research vs. Investment Banking: Careers, Compensation, Exits, and AI/Automation Risk

Mergers and Inquisitions

public markets roles ( hedge funds , asset management , etc.), However, equity research is probably better for asset management (mutual funds) and certain hedge fund roles, such as long/short equity. Investment Banking: Outlook, AI, and Automation Equity Research vs. Investment Banking: Which Ones Right for You?

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Keeping the APAC door open as Europe moves to T+1

The TRADE

As the buy-side was quick to point out from the off, there are definitely real costs associated with being out of alignment with not just neighbours, but also global counterparties. Though the US shift to T+1 was relatively painless in the end, ultimately this is a different beast.

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AI? Patience young grasshopper

The TRADE

Speaking to The TRADE, Timothee Consigny, chief technology officer at H2O Asset Management, asserts that there is a definite place for artificial intelligence within capital markets and the time for adoption is now. “[Gen-AI] We are far from the no touch stage. That might change in the future but for now that is the case.”