Month: January 2021

The Aztec Group, a C.I.-based fund and corporate services provider, has supported Highland Europe with the fundraising activities and final close of its latest fund, Highland Europe Technology Growth IV Limited Partnership. The fund closed with commitments totalling EUR700m. Aztec Group will provide ongoing administration and accounting services from its Jersey office.

TMF Group, a Netherlands-based fund and corporate services provider, has appointed Derek Chen as a new senior executive to accelerate the growth of the firm’s funds business in China. Chen joins as commercial director for fund services and will focus on fund administration and investment structuring. He will report to Andrew O’Shea, global head of…

Zephyr Management, a U.S.-based manager, has selected SS&C to support its upcoming Bermuda fund launch. Zephyr will manage its modelling, trading and order management with SS&C Eze Eclipse. Additionally, SS&C will automate Zephyr’s investor experience, including digital investor onboarding via SS&C e-Investor. SS&C CORE-Sightline will enable regulatory reporting and data management.

HQLAᵡ, the Luxembourg-based fintech provider, has secured EUR14.4m Series B funding from BNY Mellon, Goldman Sachs, BNP Paribas Securities Services, Citigroup and its existing shareholder, Deutsche Börse. The funding will be used to accelerate the core premise of the HQLAᵡ platform – helping the industry address European collateral fragmentation by extending its connectivity to leading…

Crestbridge, the C.I.-based provider of corporate and fund services, has appointed Tim Ridgway as a director in the governance services team. Based in Jersey, he will act as a fiduciary for alternative investment funds and fund management firms, with responsibility for the management and oversight of client structures. He joins from Bletchley Park Asset Management,…