Suntera Global, an administrator based in the Isle of Man, plans to acquire Reference Financial Services SA (Luxembourg), a fund administration and corporate services firm. The acquisition is subject to regulatory approval. Founded in 2003, Reference is a provider of fund administration and corporate services to Luxembourg-based entities.
Year: 2021
Imperium hires new head of accounting
Imperium Fund Services, a Guernsey-based administrator, has appointed Colette Taylor as head of accounting. She joins from Apex.
Rob Rushe joins CACEIS to head ETF solutions
Robert Rushe, one of the pioneers of the European ETF industry, has joined CACEIS as head of ETF solutions, based in Ireland. Rushe was part of the BoISS ETF team that joined Northern Trust after its acquisition in 2011, and most recently worked at BNY Mellon as head of the ETF business for EMEA.
State Street goes live with DTCC’s MTU
State Street’s Collateral + business has gone live with DTCC’s Margin Transit Utility (MTU), which has been designed for simplifying the transfer of collateral among market participants. By leveraging MTU, State Street’s Collateral+ business will now be able to more efficiently validate, enrich, settle, report and monitor third party collateral while connecting to and sharing…
Vistra to support AMR Action Fund
Vistra, the Singapore-based provider of advisory and administrative services with USD370bn AuA, has been appointed as administrator for the AMR Action Fund. Vistra will support the fund across its entire structure, including the management company, the fund, its SPVs, and portfolio company investments. The AMR Action Fund is the world’s largest public-private partnership supporting the…
BNY Mellon adds two seniors to asset servicing team
Two senior hires for BNY Mellon’s asset servicing operations team: Paul Vigilante has joined as head of accounting and investor solutions operations from J.P. Morgan. Based in New York, he reports to Jeremy Dobrick, head of asset servicing operations and technology. Prior to this role, Vigilante held senior operations roles in securities services and asset…
ZEDRA hires new head of Guernsey funds
ZEDRA, the Switzerland-based administrator, has appointed Damien Fitzgerald as head of funds for Guernsey. Prior to joining ZEDRA, he was head of funds at TMF Group in Guernsey, Zedra’s Guernsey fund team specialises in fund establishment and administration, company secretarial services and governance, as well as financial accounting and NAV production. In Q4 2020, ZEDRA’s…
Apex to provide fund admin services for Bee Alternatives
Apex has been appointed, to provide fund administration and regulatory services to Bee Alternatives Limited, an independent Japan-based manager dedicated to secondary private equity investments. Bee Alternatives has its origins as part of Ant Capital Partners Co. Ltd., where the team were one of the pioneers of secondary investments in Asia. Bee Alternatives now manages…
Aztec supports new fund launch for MML Capital
Aztec, the C.I.-based administrator, has supported MML Capital, a private equity investment firm and longstanding client, with the fundraising activities and final close of its latest fund, MML Partnership Capital VII SCSp. MML broke through its hard cap, raising EUR670m (USD783m). Aztec will provide administration and accounting services to the fund and its investment structures…
UMB Fund Services wins two mandates
Pear Tree Advisors, a U.S. manager, has appointed UMB Fund Services to provide fund accounting and global custody services for its mutual funds. UMB will provide global custody through its institutional custody division, while the fund services division will also provide tax and reporting services to Pear Tree’s six funds, which have USD5bn AuM. UMB…