Per my last email

M&A

• Coface acquired Rel8ed (data and analytics services).

• Marqeta acquired Power Finance (credit card issuance) for $223M.

*transactions have been announced but may not be closed

Bonus Meme

Fundraising

• BridgeWise (investment research) raised $13M in a round led by Group 11.

• Citec Solutions (portfolio management) raised €500K in a round backed by angel investors.

• Finley (debt capital software) raised $17M in a Series A led by CRV.

• Sentra (data security) raised $30M in a Series A led by Standard Investments.

People Moves, Promotions, and Appointments

• Jonathan Crespy was promoted to Senior Director, Global Head of Pricing at GLG.

• Marla Dans joined Chicago Trading Company as Head of Data Management and Governance.

• Thomas Gray was promoted to Principal, Financial Services Data Collaboration at Snowflake.

• Adam Green was promoted to CEO of Asset Management, North America at FNZ Group.

• Karen Karniol-Tambour was promoted to Co-Chief Investment Officer at Bridgewater Associates.

• Beate van Loo-Born joined Climate Arc as COO.

• Pierce Lord joined MarketAxess as Global Head of Market Data.

• Jeff Miller joined StarTree as Chief Revenue Officer.

• Carolina Mino-Paluello joined Arabesque AI as CEO.

• Reuben Nathanson joined System2 as President.

• Gracie Oyler joined Goldman Sachs as ESG Business Unit Lead, Private Credit.

• Philip Stahl Hansen was promoted to Chief Revenue Officer at Inex One.

• Alexandre de Villiers joined Sigma Ratings as Chief of Staff.

• Adam Wood was promoted to Global CEO of Turquoise and Head of Equities Trading Commercial Proposition at LSEG.

*New Firm Alert*

Scott Burns, Jennika Gold, and Rob Sullivan launched Isle Data. The company takes a unique look at the education market by focusing on the “business” of education, providing comprehensive datasets, analytics, benchmarks, and reports on what it takes (financially) to deliver education and the school experience to America’s children. www.isledata.io

Personal Update (part I)

I’m excited to share that I recently joined the Advisory Board of Bobsled, a solution to provide no-code data delivery to any platform. Data providers can manage data distribution at scale, with one interface to control:

• Entitlements

• Subscriptions

• Versioning

• Telemetry

• Privacy

• Observability

Bobsled is building the fastest way to share data to any cloud or platform. To learn more, please reach out and be sure to check out their whitepaper here.

Who’s Hiring

• Cboe Global Markets (financial services) is hiring a Senior Director, Index Product Strategy.

• GLG (expert network) is hiring a Director, Global Content Strategy & Ops.

• Northern Trust (investment solutions) is hiring a Head of Quantitative Analytics.

• PepsiCo (consumer goods) is hiring a Director, Global Consumer Data Capabilities & Commercialization.

What I’m Reading

• Alternative Data for Investment 2023 by Exabel.

• What is Synthetic Data - and How Can It Help You Competitively? by Brian Eastwood in MIT Sloan’s Ideas Made to Matter. (thanks Jeremy Baksht for the share).

What I’m Listening To

• Cybersyn Brings Exciting New Data Listings to the Snowflake Marketplace with Ryan Green at Snowflake and Alex Izydorczyk at Cybersyn.