Peru & Partners, an IQ-EQ subsidiary specialising in the French private equity market, has extended its mandate with Latour Capital, a longstanding client, after the private equity firm achieved EUR1bn in its latest fundraising. Peru will provide CFO advisory, accounting and AIFM valuation services, to include SPVs, for Latour Capital III.
Category: Alts
Aztec opens U.S. office
Aztec, the C.I.-based alternatives administrator, has opened a U.S. office in Philadelphia, its first outside Europe. The office will specialise in fund and corporate accounting and administration services for the private equity, venture capital, infrastructure, real estate and private debt sectors. The office is headed by Mike Wood, who has been based in Aztec’s Jersey…
Centaur hires Peter O’Hara for PE business development
Centaur Fund Services, the Ireland-based provider of fund administration and fiduciary services, has appointed Peter O’Hara to a business development role for private equity in Europe. Based in London, he joins from Waystone.
Star Mountain selects PEF for SBIC fund admin
PEF Services, a U.S.-based administrator for alternative investment funds, has been selected to provide SBIC (small business investment company) fund administration services to Star Mountain Capital, LLC. With nearly USD2bn AuM, Star Mountain is a 100pct employee-owned investment firm focused exclusively on the U.S. lower middle-market by investing debt and equity directly into established operating…
Diversified Trust appoints SS&C for PE admin
Diversified Trust, a U.S.-based wealth management firm with USD7.5bn AuM, has selected SS&C as fund administrator for its private equity fund of funds platform. SS&C will provide private equity administration, portfolio look-through reporting, tax services, treasury support services and investor AML/KYC compliance. Diversified Trust also uses SS&C Black Diamond within its wealth management business and…
Northern Trust wins USD26bn UK Coal mandate
Northern Trust has been appointed to provide a range of asset servicing solutions to the UK’s Coal Pension Trustees Services Limited (CPT). CPT is the in-house executive company owned by the British Coal Staff Superannuation Scheme and the Mineworkers’ Pension Scheme – two closed defined benefit schemes representing members who previously worked in the UK…
Aztec appoints Jon Ball as client development director
Aztec Group, the C.I.-based administrator, has appointed Jon Ball as client development director, based in the UK. In this newly created role, he will work closely with the client delivery and business development teams to build key relationships and ensure consistent service delivery. Previously a director within PwC’s strategic account management team, he worked with…
Vistra appoints new head of Netherlands
Vistra, the Singapore-based provider of administration and corporate services, has appointed Nicole van Bunge as country managing director for the Netherlands. She joined Vistra Netherlands as head of business development in 2016.
Apex to administer new energy fund for Federation Asset Management
Apex Group has expanded its relationship with Federation Asset Management to administer the Sustainable Australian Real Asset Trust (SARA), an energy transition investment fund. Apex will provide fund administration, share registry and regulatory services. SARA will invest in renewable energy projects and developments, energy storage systems and other sustainable infrastructure projects and developments across Australia…
PNC appoints SS&C for accounting and operations
Producer’s National Corporation, a U.S.-based insurance holding company, has selected SS&C to manage accounting and operations across its alternative and fixed income investment portfolios. The mandate covers PNC’s three insurance companies: Unique Insurance Company, Viva Seguros Insurance Company, and Stonegate Insurance Company.