Wells Fargo & Company is to sell Wells Fargo Asset Management (WFAM) to GTCR and Reverence Capital Partners. The deal includes Wells Fargo Bank NA’s business of acting as trustee to its collective investment trusts and all related WFAM legal entities. Under the terms of the agreement, the purchase price is USD2.1 billion.

Apex Group (Apex), a global financial services provider, has completed its acquisition of GFin Corporate Services (GFin) following regulatory approval from the Financial Services Commission.

ZEDRA has acquired Inside Pensions, a UK-based independent occupational pension scheme governance support provider. 

Apex Group Ltd, a global financial services provider, has closed its acquisition of FundRock Management Company SA and FundRock Partners Ltd (FundRock), following full regulatory approval. 

AKJt Holdings Limited (AKJt), an affiliate of AK Jenson Group (AKJ), a provider of turnkey trading and infrastructure solutions for fund managers, has acquired RiskCap Ltd.

AcadiaSoft, a provider of risk and collateral management services for the derivatives community, has acquired capital markets consulting and software company Quaternion. 

RegEd, a provider of compliance, education, training and regulatory management solutions and services for insurance companies, broker-dealers, banks, and other financial services companies, has acquired the ComplianceMAX and FIRE Continuing Education businesses from National Regulatory Services (NRS), a provider of compliance and registration products and services for investment advisers, broker-dealers, hedge funds, investment companies and insurance institutions. 

Nuveen, a global investment manager with over USD1 trillion of assets under management, is to acquire Glennmont Partners, one of Europe’s largest renewable energy fund managers, to meet increasing global demand for environmentally responsible investments that also aim to provide alternative sources of attractive returns.

Investment Metrics, a provider of analytics, reporting, data, and benchmarking solutions for the institutional investment market, has acquired London and Boston-based Style Analytics, a cloud-based SaaS platform that provides Investment Factor and ESG Exposure analysis for the institutional investment community worldwide.

IHS Markit, a specialist in information, analytics and solutions, has acquired compliance technology provider Cappitech to expand its suite of global, multi-asset class transaction regulatory reporting offerings to the financial industry.