Inveniam completed the acquisition of Armada ETF Advisors.

Inveniam, a digital infrastructure for private markets provider, completed the acquisition of Armada ETF Advisors, a quantitative investment manager leveraging proprietary data alongside traditional quantitative methods. Financial terms were not disclosed. "This acquisition and partnership reflect our commitment to unlocking new opportunities for institutional investors. We believe that we can elevate traditional ETFs by adding a next-generation framework that will provide digital access, valuation integrity, and a data-driven approach to private assets," Patrick O'Meara, Inveniam Chairman and CEO.