SEI has launched depositary services for Luxembourg alternative investment funds. SEI provides depositary services to more than 430 funds from other fund centres. SEI claims to be the largest fund administrator for private market funds in Luxembourg that are managed by a U.S. firm, and the largest private credit fund administrator by assets globally.
Month: January 2025
Coller appoints RE for new fund
Coller Capital, an investor in the secondary market for private assets, has selected Equity Trustees to be the responsible entity (trustee) of its new fund, the Coller Private Equity Secondaries Fund. The fund is an Australian managed investment scheme available to both qualified retail and wholesale investors.
Waystone appoints ME chief
Waystone, the European provider of specialist services to the global asset management industry, has appointed Nigel Pasea as country head for the Middle East. He joined Waystone in 2021 as part of the acquisition of CCL Compliance, and has been leading the company’s compliance solutions business in the UAE. Waystone currently employs 45 people in…
NT promotes Pickett
Northern Trust has appointed Melanie Pickett as head of asset servicing, Americas, leading its business serving institutional, corporate and asset manager clients in the region. Pickett, who has been head of asset owners Americas since 2022, will continue to oversee product and service delivery to asset owner clients, including pensions, foundations, endowments, insurance companies and…
RBS hires depositary chief
Michael Mekhaeel has joined RBS International as head of depositary services, based in Luxembourg. He was previously at Gen II after spending 17 years at BBH.
Frontier launches on SEI platform
Frontier Asset Management, a U.S.-based firm, has selected SEI’s Advisors’ Inner Circle Fund series trust as its operational platform to launch six new active ETFs.
NTRS hires from HSBC
Northern Trust has hired Alistair Bentivoglio as global head of enterprise change management, based in the UK. He was previously at HSBC.