Toronto-based BMO Financial Group has acquired New York-based Clearpool Group Inc, a provider of electronic trading solutions.

KKR has agreed to invest up to $500 million in London-based Kilter Finance, a specialty finance company.

Aksia LLC has closed its previously announced acquisition of TorreyCove Capital Partners LLC, an advisor focused on private equity and real assets.

Charlesbank Capital Partners has closed its previously announced majority investment in Tinton Falls, New Jersey-based World Insurance Associates LLC, an insurance brokerage.

Kudu Investment Management has made an investment in Creation Investments Capital Management LLC, a private equity firm specializing in impact investments.

Sumitomo Mitsui Banking Corporation will invest $384 million in Ares Management Corporation, an alternative investment manager.

Obsidian will be led by William Jewett, chief executive officer, who most recently worked as president of Bermuda-based Endurance Specialty. 

TA Associates has exited an investment in hedge fund investor Evanston Capital.

Navacord, a portfolio company of Madison Dearborn Partners, has acquired Richmond Hill, Ontario-based Benemax Financial Group, a benefits management company.

An investor group led by Thomas H. Lee Partners has closed its previously announced acquisition via a recapitalization of insurance distributor AmeriLife.

Integrated Specialty Coverages, which is backed by Two Sigma's Sightway Capital, has acquired Sacramento-based Access Partners Insurance Services LLC, a multi-line wholesale broker.

Jefferson Capital, which is backed by J.C. Flowers, has acquired Canaccede Financial Group, a Canadian debt buyer.

BlueKey Equity Partners has made an investment in Chipper, a student debt startup.

Evolution Managers Capital is backing Boston-based Conanicut Capital LLC, a new private equity firm that invests in lower-middle market business services companies.

Hub International, a portfolio company of Hellman & Friedman and Altas Partners, has acquired LSM Insurance Services.

Charlesbank Capital Partners has agreed to make a majority investment in Tinton Halls, New Jersey-based World Insurance Associates, an insurance brokerage.

Navacord, backed by Madison Dearborn Partners, has acquired Oakville, Ontario-based Brookstone Insurance Group, a boutique brokerage.

Regions Bank has agreed to acquire Ascentium Capital LLC from Warburg Pincus.

This is Small World's first add-on since being acquired by Equistone in November 2018.

Thomas H. Lee Partners is considering selling wealth management firm HighTower Advisors, Reuters reported.