Founded in 1997, Ion Trading is the market leader in providing high performance proprietary trading solutions for electronic fixed income, derivatives and futures markets worldwide.

The company, headquartered in Dublin, has offices in London, New York, Tokyo, New Delhi, Frankfurt, Madrid, Malta, Pisa, Sydney and Toronto.

The KPPEF investment was completed in 2001 via the acquisition of a minority stake from one of the two founding shareholders.

In June 2009 the fund sold its stake to the majority shareholder.