Peru & Partners, an IQ-EQ subsidiary specialising in the French private equity market, has extended its mandate with Latour Capital, a longstanding client, after the private equity firm achieved EUR1bn in its latest fundraising. Peru will provide CFO advisory, accounting and AIFM valuation services, to include SPVs, for Latour Capital III.
Month: May 2021
Fubon appoints Citi to service ETP range
Fubon Fund Management (Hong Kong) Limited, a Taiwan-based manager, has appointed Citi as service provider for its first ETPs launched in Hong Kong. Citi will act as trustee and will also provide fund accounting and custody services.
Aztec opens U.S. office
Aztec, the C.I.-based alternatives administrator, has opened a U.S. office in Philadelphia, its first outside Europe. The office will specialise in fund and corporate accounting and administration services for the private equity, venture capital, infrastructure, real estate and private debt sectors. The office is headed by Mike Wood, who has been based in Aztec’s Jersey…
Centaur hires Peter O’Hara for PE business development
Centaur Fund Services, the Ireland-based provider of fund administration and fiduciary services, has appointed Peter O’Hara to a business development role for private equity in Europe. Based in London, he joins from Waystone.
Northern Trust launches upgrade of Rec Dashboard
Northern Trust has launched a new version of its Rec Dashboard, a workflow tool that provides a real-time view of breaks and reconciliations in trade activity between asset managers and other institutions. Rec Dashboard is hosted within Omnium, a Northern Trust middle- and back-office technology platform for fund administration. The enhanced tool is available to…
J.P. Morgan links to SimCorp Dimension
J.P. Morgan’s securities services business is building a link to SimCorp Dimension. SimCorp is a provider of technology solutions and services for the asset management sector. Available to mutual clients, the front-to-middle office and custody integration has gone live at one asset owner in APAC.
Star Mountain selects PEF for SBIC fund admin
PEF Services, a U.S.-based administrator for alternative investment funds, has been selected to provide SBIC (small business investment company) fund administration services to Star Mountain Capital, LLC. With nearly USD2bn AuM, Star Mountain is a 100pct employee-owned investment firm focused exclusively on the U.S. lower middle-market by investing debt and equity directly into established operating…
Diversified Trust appoints SS&C for PE admin
Diversified Trust, a U.S.-based wealth management firm with USD7.5bn AuM, has selected SS&C as fund administrator for its private equity fund of funds platform. SS&C will provide private equity administration, portfolio look-through reporting, tax services, treasury support services and investor AML/KYC compliance. Diversified Trust also uses SS&C Black Diamond within its wealth management business and…
Northern Trust wins USD26bn UK Coal mandate
Northern Trust has been appointed to provide a range of asset servicing solutions to the UK’s Coal Pension Trustees Services Limited (CPT). CPT is the in-house executive company owned by the British Coal Staff Superannuation Scheme and the Mineworkers’ Pension Scheme – two closed defined benefit schemes representing members who previously worked in the UK…
Aztec appoints Jon Ball as client development director
Aztec Group, the C.I.-based administrator, has appointed Jon Ball as client development director, based in the UK. In this newly created role, he will work closely with the client delivery and business development teams to build key relationships and ensure consistent service delivery. Previously a director within PwC’s strategic account management team, he worked with…