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Mercer Global Advisors Inc, which is backed by Oak Hill Capital and Genstar Capital, has acquired Pinnacle Wealth Solutions Inc, a wealth management firm located in Midlothian, Virginia.
The acquisition strengthens RegEd's position in compliance management services for the financial services industry. 
Integrated Specialty Coverages, a portfolio company of Two Sigma's Sightware Capital, has acquired Sacramento, California-based California Contractors Insurance Service Inc, a licensed construction bond and insurance agency.
Alliant Insurance Services has acquired One Source Risk Management Canada, a Calgary-based insurance brokerage business.
Spectrum Equity has secured a minority stake in London-based Quantile Technologies for $51 million.
A private equity consortium led by GTCR LLC and Reverence Capital Partners LP, is in talks to acquire Wells Fargo's asset management business, reported Reuters.
NFP, a portfolio company of Madison Dearborn Partners, has acquired EdgeHill Insurance Brokers, a Toronto-based property and casualty brokerage company.
TowerBrook Capital Partners and Further Global have agreed to acquire ProSight Global Inc in a deal valued at about $586 million.
Convex, a specialty insurer, has secured $500 million in funding. The investor was Sixth Street.
Australia's AMP Capital and Canada's PSP Investments have agreed to sell their stakes in Alpha Trains, a European rolling stock leasing company.
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