IDR, the fintech specializing in the private markets sector, has launched its next-generation subscription service. Integrating fund subscription alongside its internationally compliant KYC and tax services with prepopulated investor profiles, IDR authenticates investors once across their global portfolio. IDR’s next generation subscription service connects fund managers and investors instantly via a single access token rather…
Year: 2023
Centaur joins Waystone
Centaur Group, the Ireland-based fund administration and fiduciary services provider, is now part of the Waystone Group, following completion of the acquisition. Centaur’s founders – Karen Malone, Ronan Daly and Eric Bertrand, will join Waystone. The transaction will broaden Waystone’s service offering to asset managers and their investors, adding fund administration to its existing ManCo…
Link signs with Milestone
Link Fund Solutions, the European arm of Australia’s Link Group, will adopt Milestone Group’s pControl Oversight platform. Australia-based Milestone, which is owned by BNY Mellon, provides oversight and backup NAV solutions to the investment management industry. pControl Oversight will allow Link Fund Solutions to independently verify NAVs received from its fund administrators and to mitigate…
Krypton hires from SS&C
Rechilda Tallman has joined Bermuda-based Krypton Fund Services as an account manager, based in Canada. She previously spent seven years at SS&C GlobeOp.
Apex to acquire ALFI Partners
Apex is to acquire ALFI Partners, a third-party marketer. Based in Luxembourg, ALFI Partners promotes a selection of leading international asset management firms to qualified investors. Through ALFI Partners’ network, the business enables European investors and non-European asset managers to meet and build productive relationships. Since its creation, over EUR20bn has been invested through ALFI…
Zurich Bank expands with BNPP
Zurich Bank has appointed BNP Paribas for custody of Italian and foreign securities and for the settlement of fund units for total assets of c. EUR3bn (USD3.25bn), expanding a longstanding relationship.
TMF promotes Porta to lead APAC BD
TMF Group, a Netherlands-based professional services firm, has appointed Albert Porta as head of business development for the APAC region. Porta has worked for TMF Group in Hong Kong for six years, latterly as head of business development in Singapore, Australasia and Malaysia, a role he will retain in addition to his new regional responsibilities.…
EDB adds to executive board
Apex-owned European Depositary Bank has appointed Robert Steele and Jean-François Thils to its executive management board. They join EDB CEO David Claus and managing director Holger Barth as members of the bank’s executive management board. David Rhydderch, previously a member of the board, is stepping down and becoming a member of the board of directors…
Astorg selects LemonEdge
Astorg Group S.a.r.l Luxembourg has appointed LemonEdge, the UK-based platform provider for private markets fund and portfolio accounting, for LP, GP and fund accounting. Astorg is a pan-European private equity firm with over EUR18bn (USD19.5bn) AuM. One of Astorg’s portfolio companies is IQ-EQ, the Luxembourg-based administrator. On the LemonEdge platform, Astorg will manage accounting in…
ONE hires a Danloy (no, not that one)
Valentine Danloy has joined ONE group solutions in Luxembourg in a business development role. She was previously at Morgan Philips Group, a search agency.