IQ-EQ, the Luxembourg-based investor services provider, has acquired Greyline Partners, LLC, a U.S. provider of governance and regulatory compliance solutions for private capital, hedge funds and investors. Founded in 2016, Greyline has 56 people across its six offices located in San Francisco, Dallas, New York, Chicago, Boston and London. Also part of Greyline is GCM…
Category: Alts
State Street to support new VanEck Bitcoin ETF
VanEck, the U.S.-based manager with USD82.2bn AuM, has announced the imminent launch of its VanEck Bitcoin Strategy ETF (XBTF), an actively managed ETF that seeks capital appreciation by investing in standardised, cash-settled bitcoin futures contracts. XBTF is expected to list on Cboe on November 16, 2021. XBTF is the first ETF in VanEck’s suite of…
Clearwater hires new head of private assets
Clearwater Analytics, a U.S.-based provider of SaaS-based investment accounting, reporting, and analytics solutions, has appointed Jonathan Flitt as global head of private assets. In this capacity, he leads product management, strategy, and execution to deliver platform capabilities and solutions that provide total portfolio transparency for the private markets space. Flitt joins from BNY Mellon, where…
Crestbridge appoints new business development director for U.S.
Crestbridge, the C.I.-based administrator, has appointed Marta Ciemiega as business development director in the U.S. She was most recently a director of business development at Sanne Group.
KB AM in Singapore selects SS&C’s front-to-back solution
KB Asset Management Singapore, the asset management arm of Korea’s KB Financial Group, has selected SS&C’s front-to-back-office solution for its operations. The solution leverages SS&C’s fund administration and middle-office services and Eze Investment Suite for order and portfolio management, compliance, and client reporting. The platform covers operations across KB Asset Management Singapore’s portfolio, including equities,…
Alter Domus strikes deal with Canoe
Alter Domus, the Luxembourg-based administrator that has USD1.3trn AuA, has struck a deal with Canoe Intelligence to offer data management solutions for alternatives managers that combine automated technology and data accuracy. Canoe specialises in redefining data management processes for alternative investments by deploying advanced data capture technology to automate manual workflows.
IQ-EQ appoints new CIO
IQ-EQ, the Luxembourg-based administrator, has appointed Rashmi Rao as group chief information officer. She previously ran her own consulting business.
Indea appoints BP2S for VCC servicing
Indea Capital Partners has appointed BNP Paribas Securities Services to provide services to its sub-fund set-up under Singapore’s Variable Capital Company (VCC) structure. Indea is a Singapore-registered fund manager focused on advising clients on alternative investments. As part of the mandate, BP2S will provide Indea with global custody, hedge fund administration, investor services and financial…
Revelstoke appoints Apex for PE fund services
Apex has been appointed to provide fund administration services to Revelstoke Capital, a private equity firm specialising in the healthcare and health and wellness sectors. Based in Denver, Colorado, Revelstoke reports USD3.8bn AuM.
American Equity migrates USD5.4bn loan portfolio to SS&C
American Equity Investment Life Holding Company plans to migrate its USD5.4bn commercial, agricultural and residential mortgage loan portfolio to Precision LM, SS&C’s loan management platform, which will automate loan servicing, operations and regulatory reporting for the Des Moines, Iowa, insurer. Precision LM will support multiple loan types for American Equity, including 800 commercial mortgages and…