iCapital, the fintech platform supporting access to alternative investments for the wealth management industry, has partnered with IQ-EQ to establish a new series of French-domiciled funds. iCapital appointed IQ-EQ’s Paris-based team to provide fund administration services and to act as AIFM for iCapital funds that will be launched through the partnership and made available on…
Month: December 2023
Formidium appoints CMO
Formidium, the U.S.-based administrator, has appointed John Manley as its new chief marketing officer, based in Chicago. He was previously in private practice.
SimCorp creates global commercial role
SimCorp, the Deutsche Börse-owned fintech, has appointed Dean McIntyre as the head of global commercial, a newly established role. In his capacity overseeing all global commercial functions, McIntyre will be responsible for a spectrum of sales enablement activities, including developing sales training, content creation and supporting SimCorp’s growth ambitions. Reporting to Oliver Johnson, chief revenue…
Alter Domus expands in Lux
Alter Domus, the Luxembourg-based provider of fund administration, private debt, and corporate services, has opened a third Luxembourg satellite office in Wecker to serve cross-border team members based in Germany. The Wecker office has capacity for 24 employees, and follows the opening of satellite offices in Steinfort and Frisange earlier this year to cater for…
Waverton outsources to Northern Trust
Waverton Investment Management, a UK-based manager with GBP9.1bn (USD11.6bn) AuM, has appointed Northern Trust to provide outsourced trading services through its Integrated Trading Solutions business. Northern Trust will cover equities, derivatives and fixed income assets as Waverton’s sole provider of trading services. The appointment followed a review by Waverton of its operating model intended to…
Vistra to acquire Lux ManCo
Vistra Fund Management, the Luxembourg-based third-party AIFM of Singapore-based Vistra Group, plans to acquire Kroll (Luxembourg) Management Company S.à r.l., a super ManCo with UCITs and AIF licences. The transaction is subject to regulatory approvals. Jan Vanhoutte will lead VFM’s expanded business as managing director. Anil Singh will continue with the business in a leadership…
Gen II hires bus dev MD
Gen II Fund Services, the independent private equity administrator, has hired Jeff Rosen as managing director of business development. Rosen joins from Ultimus LeverPoint, where he spent a year, and has also worked at Citco and Citi.
DBS transitions to Euroclear
DBS Bank, the Singapore-headquartered bank, has reached an agreement with Euroclear to onboard all of its investment funds onto Euroclear’s funds platform. The deal provides DBS Bank with a solution for fund distribution and execution services via Euroclear’s network. DBS Bank’s clients will now have access to more than 100,000 funds.
BNY Mellon expands in Florida
BNY Mellon is expanding its footprint in Lake Mary, Florida, one of its six key global operational centres. The bank plans a campus across two locations totaling 300,000 sq ft. This includes 200,000 sq ft of new office space at 600 Colonial Center Parkway, and renovations to its existing space (100,000 sq ft) at 300…
Langham Hall wins Farview mandate
Langham Hall, the UK-based administrator, has been appointed to provide administration and accounting services for the four deal structures of Farview Equity Partners from its Guernsey office. Langham Hall assisted Farview in transitioning structures from another administrator in 2022.