SG Corporate and Investment Banking said it has signed a purchase agreement to buy proprietary technology from Constellation Financial Management and the assets of FEP Holdings, the company said. A new company called SG Constellation LLC will be formed, taking certain employees from Constellation.

"The acquisition of Constellation directly complements the global business of SG Corporate and Investment Banking in the U.S. for the large fund managers, and offers numerous cross-selling opportunities", stated Jacques Bouhet, Deputy CEO of SG Corporate and Investment Banking and CEO of SG Corporate and Investment Banking Americas.

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