TMF Group, the Netherlands-based provider of administration services, has completed the acquisition of Paraty Capital, a Brazilian fund administration platform which focuses on private equity, infrastructure, venture capital and private debt funds. Paraty Capital has been providing independent third-party fund administration services since 2014 and has >BRL15bn AuA (USD2.6bn). TMF Group administers >EUR160bn (USD180bn) of…
Year: 2022
Nigel Colgan rejoins BNY Mellon
Nigel Colgan has returned to the UK after a two-year spell with First Abu Dhabi Bank in Abu Dhabi. Colgan rejoins BNY Mellon, where he has spent the majority of his career, as group manager, programme & project management. The role has responsibility for the governance, oversight, execution and implementation of critical or strategic regulatory…
Michelle Butler joins J.P. Morgan
After several months of gardening leave, Michelle Butler has joined J.P. Morgan as head of sales, UK & Ireland, for its securities services business. Butler spent 13 years at HSBC, most recently as Europe head of business development & client management for its securities services business.
Suntera hires new global head of bus dev for fund services
Suntera Global, the C.I.-based administrator, has appointed Ian Horswell as global head of business development within the fund services arm of its international operations, based in Jersey. He was previously at JTC.
KB appoints new CEO of Irish ManCo
KB Associates, the Ireland-based funds specialist, has appointed Andrew Kehoe as CEO of its ManCo in Ireland. Kehoe joined KBA in 2017 as head of legal. KBA’s Irish ManCo was established in 2011 and currently supports investment funds with >EUR100bn AuM (USD113bn).
TMF appoints senior C.I. managers
TMF Group, the Netherlands-based professional services firm, has appointed two senior managers to lead its operations in the Channel Islands. Tim Houghton has been appointed overall market head for the Channel Islands, and James Dolton has been appointed as managing director for the Guernsey business. Both are internal appointments.
Northern Trust resets U.S. business lines
Following last year’s departure of Dan Houlihan, heat of asset servicing for the Americas, Northern Trust has taken the opportunity to reorganise its U.S. business lines across asset servicing. Toby Glaysher, currently head of Global Fund Services (GFS) International, will expand his responsibilities to become president of GFS, adding the U.S. to his EMEA and…
DB hires Mat Kat to head APAC product
Deutsche Bank has appointed Mathew Kathayanat (widely known as Mat Kat) as APAC head of securities services product management. He will be based in Singapore. He was most recently head of product & strategy, APAC at BNY Mellon Asset Servicing, and has previously held a variety of roles with Citi in EMEA and APAC.
Next Gate Tech hires industry heavyweight as CRO
Next Gate Tech, the Luxembourg-based fintech specialising in data management and data analytics for the asset management and asset servicing industries, has hired Eduardo Gramuglia Pallavicino as chief revenue officer. Gramuglia was previously head of State Street’s business in Luxembourg, and has also worked at BBH.
SS&C launches 18f-4 service
SS&C has launched an 18f-4 analytics service to help fund managers comply with new derivatives investment reporting rules. SEC Rule 18f-4 comes into effect in August 2022, changing the regulatory framework for derivatives used by registered investment companies. The SS&C Algorithmics 18f-4 Risk Analytics Service is a cloud-based platform enabling users to generate reports for…