Waystone, the Ireland-based specialist services provider which recently had a senior management purge, has appointed Denis Harty as CEO of its ManCo in Luxembourg. Harty was previously CEO of Alfa Asset Management and has also worked at Credit Suisse and J.P. Morgan.
Month: March 2023
Alter Domus wins Norwegian PE mandate
Alter Domus has supported Longship AS, a Norwegian-based private equity investor with a focus on the Norwegian lower-mid market, with the first and final closing of Longship Fund III. This follows the 2022 migration of the fund administration role for Longship Fund I and Longship Fund II to Alter Domus. Longship Fund III has closed…
IQ-EQ opens in Dubai
IQ-EQ has opened in Dubai, UAE, its first physical presence in the Middle East. The new office, located in the DIFC, brings Luxembourg-based IQ-EQ’s location count to 25 jurisdictions worldwide. IQ-EQ has received approvals from the DIFC and the DFSA to offer services to clients ranging from corporate businesses to ultra-high-net-worth individuals and family offices.…
Waystone sacks senior management team
Waystone, the Ireland-based provider of specialist services to the investment management sector, has abruptly parted company with Derek Delaney, CEO, Paul Cahill, COO, and Glen Magee, CFO. Waystone said: “Given our growth and the current scale of the business it was felt that the right thing for the company was to introduce new management to…
Pirum extends CoacsConnect functionality
Pirum, the UK fintech specialising in securities finance and collateral management, has extended its CoacsConnect network and enhanced functionality to fully automate income claims. CoacsConnect’s automated income claims service has 20 financial institutions automatically distributing, matching and paying income claims. The service enhancements allow the counterparts to receive fully automated status updates, exchange payment instructions…
Apex appointed by Hamilton12
Apex has been appointed by Hamilton12, an Australia-based manager, to support the launch of its new Australian Shares Income Fund. Apex will provide fund administration, transfer agency and custody, with K2 Asset Management Ltd acting as trustee to the fund.
CAF appoints BNPP for sec lending
Corporación Andina de Fomento (CAF), the development bank of Latin America and the Caribbean, has appointed BNP Paribas’s securities services business as agent lender for its USD1.3bn portfolio. In 2020, BNP Paribas supported the issuance of CAF’s Covid-19 recovery bond, and the selection comes as a result of a long-standing relationship between BNP Paribas and…
IDR adds three seniors to management team
IDR, the fintech specialising in client onboarding for the private markets sector, has expanded its senior management team with the appointment of Karen Bee as senior delivery manager for operations, Jason Green as chief technology officer, and Dan Loughney as finance director.
Pirum hires from BNP Paribas
Pirum, the UK-based fintech, has hired Graeme Perry as business development representative. Based in London, Perry will report locally to Karl Wyborn, CCO. Previously, he spent 14 years with BNP Paribas’ securities services business, where his most recent role was director of trading strategy and relationships and head of agency lending trading EMEA.
EDB adds to senior management team
European Depositary Bank, the Luxembourg-headquartered provider of banking, depositary and custody solutions, has appointed Cecilia Gejke as managing director and member of the executive management board, and Gilda Neiman as a member of the board of directors. As part of Apex Group, EDB is one of the largest providers of depositary services in Europe for…