Cowen Digital Asset Investment Company LLC, a division of U.S.-based investment bank Cowen Inc., and PolySign, Inc. have formed a strategic partnership, to enable Cowen’s institutional clients to secure, access and leverage cryptocurrencies and digital assets in their portfolios. In support of the partnership, Cowen has made a USD25m investment in PolySign, leading the USD53m…
Month: May 2021
Credit Value Partners launches ILP
Credit Value Partners LLC, a U.S.-based private capital firm, has launched one of the first funds to be set up using the new Irish Investment Limited Partnership regime. Carne Group has been appointed as ManCo, with U.S. Bank appointed as administrator and depositary.
Sanne launches Dutch loan agency service
Sanne, the UK-listed fund and corporate services provider, has launched a loan agency service in the Netherlands. It augments Sanne’s existing loan agency business operating in London, Madrid, and New York.
Apex launches SPAC outsourced COO solution
Apex Group has launched an outsourced Special Purpose Acquisition Company COO solution through its subsidiary, Throgmorton US. Daniel Strauss, CEO of GlassBridge Enterprises Inc., a holding company focused on asset management opportunities, will be joining Apex in an advisory capacity to help deliver the solution.
CACEIS launches UK carbon metrics reporting service
CACEIS has launched a carbon metrics reporting tool in the UK. This will provide UK pension schemes with a platform to align themselves with the Task Force on Climate-Related Financial Disclosures reporting requirements. The new carbon metrics look-through reporting tool enables pension schemes to assess their portfolios’ carbon footprint and meet the metrics and targets…
State Street hires Neil Macdonald as AsPac head of asset managers segment
State Street has hired Neil Macdonald as head of the asset managers segment in Asia Pacific. In this newly created role, Macdonald will report globally to Donna Milrod, head of the global asset managers segment and global clients division, and regionally to Mostapha Tahiri, chief executive officer for Asia Pacific. Macdonald joins from KPMG, where…
Laide Majiyagbe joins BNY Mellon to head financing & liquidity
BNY Mellon has appointed Laide Majiyagbe as head of financing and liquidity, assuming oversight of the securities finance, liquidity services and collateral segregation businesses. In this newly created role, Majiyagbe will oversee the strategic direction for BNY Mellon’s financing, collateral and short-term liquidity offering. She joins BNY Mellon from Goldman Sachs, where she spent 14…
Arcesium adds three seniors to sales team
Arcesium, the U.S.-based financial technology and professional services firm, has added three people to its sales team. Brian Dalia joins as senior vice president to lead the sales efforts for its institutional asset management practice. Dalia most recently headed North American sales at SimCorp Coric. Matt Weisman has also joined as vice president on the…
Catalyst hires Hebert Almeida as MD, fund services
The Catalyst Group, a Cayman-based start-up fund administrator, has hired Hebert Almeida from Verde Asset Management, a Brazilian firm with USD10bn AuM, where he was responsible for oversight of the group’s back office. At Catalyst he will be managing director, fund services.
Evenlode appoints Equity Trustees as ManCo for new ICAV
Evenlode Investment Management, a UK based investment manager, has launched a second global equity fund in Ireland, the Evenlode Global Opportunities Fund. Equity Trustees, the Australia-based administrator, has been appointed as UCITS ManCo to the Evenlode ICAV.