Blackstone to Invest in Currencies Direct to Target M&A Opportunities

Currencies Direct that is a London-based digital foreign exchange player, has talked Blackstone into investing a sum of £140 million in them. There will be a partnership involved in the funding, by the management team of Currencies Direct, that Keith Hatton leads, and Palamon, apan-European growth investor and Corsair, a private equity firm.

While the board of directors of the company will be joined by Blackstone, Palamon and C....