Northern Trust has been appointed by Brickwood Asset Management, a UK asset management firm launched in 2024, to provide asset servicing solutions across front, middle and back-office functions. Solutions to be provided include Northern Trust’s investment data science partnership with Equity Data Science, as well as outsourced trading via Integrated Trading Solutions and a range…
Month: March 2025
State Street to acquire Mizuho businesses
State Street has agreed with Mizuho Financial Group, Inc. to acquire Mizuho’s global custody and related businesses outside Japan. These businesses support the overseas investments of Mizuho’s Japanese clients. Mizuho currently operates its global custody and related business outside Japan through its local subsidiaries Mizuho Trust & Banking (Luxembourg) S.A., owned by Mizuho Trust &…
Maples advises on new fund
Maples and Calder, the Maples Group’s law firm, has advised on the launch of the Daiwa Blackstone Infrastructure Fund. The fund, which was recently launched, is structured as a Cayman Islands unit trust and is authorised for public offering in Japan. The fund is managed by IQ-EQ Fund Management (Ireland) Limited, IQ-EQ’s Irish fund management…
HGGC buys into Centralis
HGGC, a middle-market private equity firm, is to become the majority investor in Centralis, the Luxembourg-based alternative asset and corporate services provider. The deal is expected to close later in 2025, subject to customary closing conditions. Terms of the transaction were not disclosed.