Guernsey-based fund services provider Imperium has supported SNGLR Capital in its recent fund closing. The two Guernsey-domiciled funds held their first closing, and are, by final closing, aiming for total commitments of EUR40m (USD44m). SNGLR is a Swiss-based manager investing in mainly European early-stage technology startups.
Category: Alts
Fireblocks launches custody partner program
Fireblocks, the institutional-grade digital infrastructure provider, has launched the Fireblocks Global Custodian Partner Program, a global network of licensed digital asset custodians. Built on the Fireblocks Network, the program will be launched with an initial group of licensed custodians based in the U.S., UAE, UK, Singapore, Thailand, and Australia. Once live, Fireblocks clients will be…
Gen II appoints European ops head
Gen II Fund Services, the U.S.-based private assets administrator, has appointed Matt Le Noury as head of European operations, based in Guernsey, C.I. He was part of the Crestbridge PERE business that Gen II recently acquired, and has also worked for Citco and Northern Trust.
Apex hires SS&C veteran
Apex has appointed Ken Fullerton as global head of operational transformation, based in New York. He will lead the operational delivery and improvement team focusing on client-driven technology and business process initiatives and improvements. He will also oversee the global service centres. Fullerton previously spent nearly 20 years at SS&C GlobeOp.
IQ-EQ supports new FCT
IQ-EQ has supported Milleis Banque, a French private bank, on its first retained securitisation, FCT French Prime Cash 2023, which is a rated cash securitisation of a residential mortgage portfolio. IQ-EQ is acting as the bank’s AIFM for the fonds commun de titrisation (FCT) securitisation vehicle that is providing the financing for this transaction.
Ultimus supports CAZ fund launch
Ultimus, the U.S.-based provider of fund administration, accounting, and investor solutions, is supporting CAZ Investments with the launch of the CAZ Strategic Opportunities Fund. This is the first publicly offered vehicle from CAZ Investments, a private market investment firm with USD6bn AuM. The fund, structured as a tender offer fund, is designed to encourage long-term…
Aztec launches AIFM service
Aztec Group, the C.I.-based fund and corporate services provider, has launched its AIFM service in Luxembourg. The offering includes marketing, compliance, risk management, regulatory reporting and portfolio management.
Gen II hires Lux client service head
Gen II Fund Services has appointed Richard Browne as head of client service – Luxembourg. He joins Gen II having most recently served as deputy CEO and head of private asset fund administration at Credit Suisse Fund Services Luxembourg. The appointment follows the recent completion of Gen II’s acquisition of Crestbridge’s private equity and real…
Vistra gets CBI green light
Vistra, the Asia-based business services provider that merged with Tricor in 2023, has secured authorisation from the Central Bank of Ireland to provide fund administration services from Ireland. To support the expansion of Vistra’s global fund administration network, Vistra Funds Services (Ireland) has appointed Aimee Gill as CEO and head of fund accounting, Paul McDonald…
Oak hires MD for Mauritius
Oak Group, a C.I.-based provider of international funds, private client and corporate services, has appointed Zoubeir Khatib as managing director, Mauritius. He previously led the business development unit for Apex in Mauritius and Africa. He replaces Paul Schreibke as he approaches retirement.