Preqin, the UK-based provider of alternative assets data, analytics and insights, has acquired Colmore, a private markets technology, services, and administration business. Colmore’s solutions include LP portfolio monitoring, analytics, fee tracking and validation, and fund administration services for its allocator clients. Colmore monitors more than 3,000 private market funds and more than 40,000 holdings.
Category: Alts
CBI approves Crestbridge for fund admin
Crestbridge, the C.I.-based provider of private equity and real estate administration, has received regulatory approval from the Central Bank of Ireland to provide fund administration services in Ireland. Crestbridge opened an office in Dublin earlier this year, and the CBI approval is in anticipation of client demand for ILP fund servicing.
Centaur appoints new global head of business development
Centaur Fund Services, the Ireland-based alternatives fund administrator, has appointed Michael Marisca as global head of business development. Based in Centaur’s U.S. headquarters in New York, Marisca will report to Des Johnson, CEO of Centaur U.S. He joins from RS Metrics.
HomeCo appoints Equity Trustees as custodian for AUD650m REIT
Home Consortium has announced plans to list its new healthcare focused REIT, HealthCo Healthcare and Wellness REIT, on the ASX after raising AUD650m (USD477m). Equity Trustees has been appointed as custodian for the listed fund and currently acts as custodian for the HomeCo Daily Needs REIT.
Apex hires two PA specialists for Asia Pacific & Australia
Apex has appointed Andrea Gallenca as head of private market sales for Australia, based in Sydney, and Prakash Kharel as head of real estate, Asia Pacific. Gallenca was head of sales at Alter Domus Australia. Kharel joins Apex in Singapore from Revantage Asia, provider of corporate services to Blackstone’s real estate investment structures and investment…
GK8 partners with Securrency
GK8, an Israel-based cybersecurity and digital asset custodian, has partnered with fintech company Securrency to provide banking clients with institutional-grade blockchain services. The partnership centres around GK8’s enterprise-grade custody solutions, which will become available to Securrency’s clients as it builds its tokenisation infrastructure. Securrency’s main focus is tokenising real-world assets such as stocks, commodities and…
Apex acquires Greenough Consulting Group in U.S.
Apex has acquired Greenough Consulting Group (GCG), a U.S.-based provider of finance, accounting, and human resources services to technology companies, venture capital and private equity funds. GCG’s client base is evenly split between start-ups or midmarket corporates, and venture capital and private equity funds.
Apex in talks to buy Sanne
Apex is in advanced discussions with the board of Sanne regarding a possible offer to be made by Apex for the entire issued, and to be issued, share capital of the company at a price of 920 pence per Sanne share, in cash. Apex says that it is well advanced in its due diligence review…
Gen II acquires Stone Pine
Gen II Fund Services, LLC, an independent private equity fund administrator, has acquired Stone Pine Accounting Services, LLC, a Denver-based private equity fund services provider. Terms of the transaction were not disclosed. The addition expands Gen II’s footprint in the Western U.S., and increases its headcount to more than 750. The acquisition brings Gen II’s…
Carne Group changes executive committee
Carne Group, the European provider of ManCo and fund governance services, has announced changes to its executive committee. Pascal Dufour, based in Luxembourg, takes on the role of Carne’s group chief product officer. Des Fullam, based in Dublin, takes on the role of Carne’s head of regulation & client solutions. Earlier this year Carne hired…