Ultimus Fund Solutions, a U.S.-based provider of fund administration, accounting, and investor solutions, has supported Nomura Private Capital with the launch of the firm’s first interval fund. Nomura is expanding into intermediary distribution, with a focus on RIAs, banks, trusts and family offices, with the launch of the Nomura Alternative Income Fund (NAIFX).
Year: 2023
Trident opens in Madrid
Trident Trust, the U.S.-based administrator, has opened an office in Madrid, Spain. Headed by Emiliano Cordoba, the office will support private clients, corporate clients and funds investing in real estate or private equity in Spain.
JTC supports Valour’s ETP launch
JTC Group, together with Carey Olsen, have supported Canada-based digital asset manager Valour Inc.’s new digital asset ETP programme in Jersey, C.I., which will be offered to investors across the European Union. The ETPs will provide investors with access to a variety of cryptocurrencies and other digital assets via a regulated stock exchange. Issued by…
Paget-Brown chooses Deep Pool
Deep Pool Financial Solutions, the Ireland-based investor services and regulatory solutions provider to alternative and retail fund administrators, has been appointed by Paget-Brown Financial Services Limited to provide its investor servicing solution to accelerate growth of the Cayman Islands-based firm’s fund administration business. Deep Pool’s technology supports 11 of the world’s top 20 alternative fund…
BNP Paribas launches ESG screening
BNP Paribas’s securities services business has enhanced its investment compliance screening capabilities to include a range of ESG criteria. The new service enables asset managers and asset owners to incorporate customisable and flexible ESG criteria into their portfolio monitoring. The service employs a range of data feeds from external and internal sources to enable asset…
Ripple acquires Metaco
Ripple, the UK-based fintech specialising in enterprise blockchain and crypto solutions, has acquired Metaco, a Swiss-based provider of digital asset custody and tokenisation technology. Ripple, which has primarily operated in the cross-border payments space, will expand its offering to provide clients with the technology to issue, settle and safekeep any type of tokenised asset. Metaco…
BBH hiring for 300+ roles
Via LinkedIn, BBH has announced that it is hiring for 300+ roles across business development, relationship management, technology, marketing, and client service, inter alia. If you’d like to know more, go to: Careers (bbh.com)
Hazeltree hires chief product officer
Hazeltree, the U.S.-based provider of treasury and liquidity management solutions for the alternative asset management industry, has appointed Jeremy Payne as chief product officer, a newly created role. He will oversee all of the company’s products, including public markets, private markets, data insights, liquidity platform, and cash/payments. He was most recently chief product officer at…
TMF appoints board chair
TMF Group, a Netherlands-based provider of compliance and administrative services, has appointed Ann Cairns as chair of the TMF Group Supervisory Board.
Participant Capital expands with Apex
Participant Capital Advisors, LLC, a U.S-based real estate investment fund manager. has appointed Apex to provide fund administration services for its latest U.S. fund, the Participant Capital Sun Belt Multifamily Development Fund I. The fund is targeting USD250m in capital commitments. Apex was initially appointed in 2022 to provide fund administration services to Participant Capital’s…