Month: September 2024

Citi has hired Christopher Morin as global head of middle office and performance. He reports to Mike Hughes, head of fund services for Citi’s securities services business. He is based in Boston. He joins Citi from J.P. Morgan where he was most recently head of middle office product for the americas and global head of…

LemonEdge, the fund accounting solution for private markets, has struck a strategic partnership with Eleven, an investor portal solution. This partnership combines LemonEdge’s accounting capabilities with Eleven’s platform for automating and streamlining the entire investor lifecycle, including digital subscriptions, investor onboarding and investor servicing.

Pirum, a fintech focused on securities finance and collateral management, has appointed Mark Hale as CEO. He replaces Phil Morgan, who has decided to transition from his current role into an advisory position. Hale will be based in the New York office but will be present in the London head office on a regular basis.…

AirFund, a digital marketplace established in 2021 to streamline the distribution of private market funds to individual investors through wealth management distributors, has launched its first feeder fund. This fund will invest in the master fund ACF IX, managed by Access Capital Partners. The feeder fund is being launched in collaboration with IQ-EQ, the investor…

HSBC has appointed Giovanni Fenocchi as global head of sales for the securities services business. He has had a long career with HSBC spanning client coverage, operations and risk, issuer services and, most recently, as head of asset owners & managers sales for securities services across Europe, MENA and the U.S. He replaces Alexis Meissner,…

Ultimus LeverPoint Private Fund Solutions has partnered with Arch, provider of a digital platform for private investment operations and investor communications. Ultimus will deploy a platform that automates manual tasks, enhances productivity, and maximises the use of data and insights from asset managers. This collaboration aims to transform the cumbersome data management process for asset…

Langham Hall, the UK-based administrator, has supported Sarasin Bread Street with the launch of its inaugural Bread Street Multi Vintage Private Equity Fund, which has secured EUR124m (USD138m) in investor commitments. Langham Hall has been selected to provide fund accounting and administration services from its Guernsey office.