U.S. Bank has launched a suite of lifecycle data metrics, with faster reporting of private equity, hedge fund and other alternative fund data. This capability, designed for custody clients, is made possible by new automated data extraction technology. This new process of pulling essential data from private markets is made possible in part by U.S.…
Month: August 2022
StonePine selects CIBC Mellon
StonePine Asset Management, a Montreal-based manager with CAD60bn (USD46bn) AuM, has appointed CIBC Mellon to provide asset servicing solutions including fund accounting and administration, global custody, unitholder recordkeeping, and investment information data access and reporting via the NEXEN investment data platform. Earlier this year StonePine signed an agreement with SimCorp, a provider of SaaS investment…
J.P. Morgan hires Ileana Sodani
Ileana Sodani has joined J.P. Morgan’s asset servicing business as head of global sales execution. Based in the UK, she is responsible for instilling a sales culture and approach across the client-facing securities servicing organisation by managing sales execution, strategy and approach. Sodani spent 30 years at BNY Mellon, most recently as global head of…
Gen II automates PE sub process
Gen II Fund Services, a U.S.-based independent private capital fund administrator with USD900bn AuA, has launched E-Subdocs, a digital offering that automates the private fund subscription process, significantly improving the investor experience and providing PE managers with real-time information on their fundraising. E-Subdocs, which is powered by Anduin, streamlines fund subscriptions from start to finish.…
SEI appoints 27-year veteran to new role
SEI has appointed Sandy Ewing to lead the company’s family office and regulatory services business lines, A 27-year SEI veteran, Ewing will continue to report to CEO Ryan Hicke. SEI Family Office Services delivers technology and outsourced services, including the Archway Platform, that support the accounting, investment management, and reporting functions of family offices, private…
IQ-EQ hires from Kneip
Polina Sakalian has joined IQ-EQ in Luxembourg as a client director in the private equity business. She was previously at Kneip, which was acquired by Deutsche Börse earlier this year.
Petra opens in Boston
Petra Funds Group, an independent provider of private assets fund administration solutions with USD55bn AuA, has opened an office in Boston. This follows its appointment by Denham Capital, a Boston-based private equity firm with over >USD12bn of invested and committed capital. The Boston office brings on board an experienced team of middle, back-office, and regulatory…
IQ-EQ appoints global head of insurance
IQ-EQ, the Luxembourg-based investor services provider, has appointed Shaun Geils as global head of insurance, a newly created position. Prior to taking on his new role, Geils was managing director, shared services in Mauritius. He will be based in London.
Eileen Murray joins Broadridge board
Broadridge Financial Solutions, Inc., a NYSE-listed fintech provider, has appointed Eileen Murray as an independent member of its board of directors. Murray is currently the chair of the Financial Industry Regulatory Authority (FINRA), where she has served on the board of governors since 2016. Her term as the chair and member of the board of…
Maples launches new ESG solutions
The Maples Group has expanded its global fund services offering with the launch of new ESG solutions. The enhanced ESG offering includes data, reporting, and certification support, as well as a platform solution to support European distribution. Maples has implemented an ESG data and reporting system from Trucost, part of S&P Global, which provides analytics…