ConvergEx Group has appointed Joseph Cangemi as CEO of the firm’s UK based broker-dealer, ConvergEx Limited. Cangemi will relocate to London where he will be responsible for overseeing and growing ConvergEx’s European operations. He continue as co-head of Electronic Equity Trading and Sales. ConvergEx is backed by GTCR.

Calypso Technology held talks to sell itself late last year but those discussions broke down, sources tell peHUB. Calypso hired Qatalyst Partners, the investment bank founded by Frank Quattrone, to find a buyer last year.

ConvergEx, which is backed by GTCR and BONY, has put its Eze Castle unit up for sale, sources tell peHUB. A sale could fetch north of $1 bln.

ConvergEx, a New York-based provider of global agency brokerage and investment technology solutions, has completed its acquisition of the assets of Cogent Consulting LLC, a software development firm specializing in advanced commission management. No financial terms were disclosed. ConvergEx was formed in 2006 by GTCR Golder-Rauner, which combined Eze Castle Software and the institutional brokerage business of Bank of New York.

ConvergEx, a New York-based provider of global agency brokerage and investment technology solutions, has agreed to acquire the assets of Cogent Consulting LLC, a software development firm specializing in advanced commission management. No financial terms were disclosed. ConvergEx was formed in 2006 by GTCR Golder-Rauner, which combined Eze Castle Software and the institutional brokerage business of Bank of New York.