Alchelyst, the Ireland-based alts administrator, has received approval to operate in Luxembourg.
Year: 2025
Schroders appoints BNPP
BNP Paribas has won a mandate from Schroders, on behalf of Future Growth Capital, a private markets business formed by Phoenix Group and Schroders to provide UK pension schemes with access to UK and global private markets. BNP Paribas will provide fund administration, global custody and loan administration services in the launches of two new…
Apex appoints MEIAM chief
Apex has appointed Christophe Beelaerts as its new super regional head for MEIAM (Middle East, India, Africa and Mauritius). In this newly created role, he will focus on strengthening Apex’s presence in the MEIAM region. He is based in Abu Dhabi.
Yealand wins Charteris mandate
Yealand Fund Services has been appointed by Charteris Treasury Portfolio Managers Limited as Authorised Corporate Director (ACD), fund administrator, and registrar for its UCITS umbrella, the YFS Charteris UK UCITS ICVC.
Stillabower joins Euroclear Bank board
Paul Stillabower has been appointed as an independent, non-executive board member of Euroclear Bank SA/NV. He will also be risk committee chair. Stillabower has a storied career in the investor services industry, having worked at HSBC and, most recently, RBC before the acquisition of its investor services business by CACEIS. He remains based in the…
NTRS wins LTAF mandate
Northern Trust has been appointed to provide Partners Group with fund administration, depositary, and banking services for its first LTAF. Based in Switzerland, Partners Group is one of the largest firms in the private markets industry with over USD150bn AuM. The new LTAF, the Partners Group Generations Private Credit LTAF, focuses on providing defined contribution…
Apex wins Coinbase mandate
Apex has been selected by Coinbase Asset Management to provide fund administration services, delivered by Apex Malta, specifically tailored for digital asset strategies and its newly announced Coinbase Bitcoin Yield Fund (CBYF).
Valeas replaces Palatine at Suntera
Suntera Global, the C.I.- headquartered provider of fund, corporate and private wealth services, has entered into an agreement with Valeas Capital Partners, an equity investment firm, to acquire a majority stake in Suntera. Under the terms of the agreement, Valeas is committing significant new equity capital to support the expansion of Suntera’s capabilities and global…
TMF hires for funds services team
TMF Group, a Netherlands-based provider of fund and corporate services, has appointed Tim LiVolsi as managing director of strategic operations and lift-outs within the funds services team. He was most recently at Cerberus Capital Management, and has also worked at Citi, J.P. Morgan and BNY.
Waystone to acquire BIL’s ManCo
Waystone, a European provider of specialist services to the asset management industry, is set to acquire BIL Manage Invest, a ManCo, from Banque Internationale à Luxembourg (BIL) Group, subject to regulatory approval. Waystone’s acquisition of BIL Manage Invest will increase its AuM in Luxembourg by c. 15pct. The acquisition will also support Waystone’s long-term strategic…