Browsing: Exits
Premium
Two Sigma Acquires the IP of Alternative Data Software Firm Hivemind
09/01/2022
Four years after being spun off by London-based hedge fund Winton Group, the data management software developed by Hivemind now resides with New York-based hedge fund Two Sigma. Two Sigma ...
Premium
1010data Sells Buy-side Business to Transaction Data Provider Facteus
01/11/2022
Venerable alternative data provider 1010data exited the buy-side segment to focus on retail-oriented companies. Facteus, a transaction data provider increasingly competing against Yodlee and other established vendors, purchased 1010data’s buy-side ...
Premium
Zelman Sells Firm to Mortgage Broker
07/23/2021
After fourteen years running her own research boutique, Ivy Zelman completed the sale of Zelman & Associates to leading commercial real estate lender Walker & Dunlop. Terms were not disclosed. ...
Premium
Why is BNP Paribas In-sourcing Exane’s Equities?
03/17/2021
While other banks are shutting down or outsourcing their equities businesses, BNP Paribas plans to buy the half of Exane it doesn’t own. Does BNP Paribas know something that other ...
Premium
Exclusive
Over Two Dozen Banks Have Exited or Restructured Equities Units
02/19/2021
Commerzbank’s recent plan to shut down its equities unit is part of a broader trend of restructuring the low-margin business. By our count, twenty-five banks have re-engineered their equities units ...
Commerzbank to Exit Equities
02/16/2021
Emulating rival Deutsche Bank, Commerzbank will be shutting down its equities business as part of a larger restructuring plan. Commerzbank is searching for a partner willing to provide outsourced equity ...
Alt Data Firm 7Park Folded into Apptio
01/25/2021
After being acquired in 2018 for $100 mln by private-equity firm Vista Equity Partners, alternative data aggregator and analytics provider 7Park Data was recently folded into another one of Vista’s ...
Premium
Alternative Data Firm Suburbia Bites the Dust
11/20/2020
Amsterdam-based Suburbia.io, a vendor of European point-of-sale (POS) data, has shuttered as its staff left for other jobs and its CEO accepted a position with Nasdaq’s Quandl. Suburbia’s founder and ...
Premium
Exclusive
Tricumen: HSBC Will Make Deeper Cuts to Equities
06/10/2020
To compensate for bad coronavirus loans, HSBC will likely downsize further than it originally planned. According to Tricumen, a UK-based market intelligence provider specializing in investment banks, HSBC will gut ...
Premium
Established Boutique Buckingham Research Bites the Dust
03/10/2020
Independent brokerage firm Buckingham Research Group is winding down through the end of next month, blaming a deteriorating environment for equity research. However, we suspect the more immediate cause was ...