Year: 2023

Citi has hired Eduardo Gramuglia Pallavicino as head of Luxembourg & the Netherlands. Gramuglia, who has been working as a strategic advisor and non-executive director, was previously head of Luxembourg for State Street and has also worked at BBH. He replaces Larissa Sototskaya, who has moved to a new role as global head of TA…

Confluence Technologies, the U.S.-based software provider focused on the investment management industry, has appointed Joan Binstock to its board of directors. Confluence is backed by Clearlake Capital Group and TA Associates. She currently serves as independent director and audit chair at KKR Real Estate Select Trust Inc., as well as a board member at both…

BNY Mellon has expanded its 2021 agreement with Financial Recovery Technologies (FRT), a global securities class actions recovery provider, to cover North American class action filing and recovery service, including broader access to comprehensive non-U.S. alerts for global markets. Headquartered in the U.S., FRT has more than 2,500 institutional clients worldwide who deploy FRT’s class…

LemonEdge, the private equity fund accounting and administration software, has struck a partnership with it|venture, a UK-based provider of technology services to the private capital markets sector. The partnership will offer private equity firms and fund administrators a single, end-to-end, automated data platform. it|venture’s Connect platform specialises in streamlining the process of implementing integrations between…

Ultimus Fund Solutions, a U.S.-based independent administrator, has supported Flat Rock Global with the launch of its third interval fund, the Flat Rock Enhanced Income Fund. Flat Rock anticipates the fund will invest primarily in the junior debt tranches of collateralised loan obligations. Flat Rock is a U.S.-based alternative credit manager with >USD600m invested across…

Waystone Group, the Ireland-based ManCo and asset servicing provider, has signed definitive agreements to acquire the Irish and UK businesses of Link Fund Solutions, a division of Link Group, subject to regulatory approvals and other contractual conditions. The acquisition will broaden Waystone’s UK offering to include transfer agency and alternative administration. It will add >USD190bn…