Crestbridge, the C.I.-based administrator, has appointed William Turner as a director in its real estate services team. Based in Jersey, he will have responsibility for several key client relationships, reporting directly to the Jersey head of the real estate team, Erin Moffat. Turner moves to Crestbridge from Intertrust, where most recently he was a client…
Category: Alts
IQ-EQ hires Tamás Márk as new head of real estate in Luxembourg
IQ-EQ has appointed Tamás Márk as its new head of real estate in Luxembourg. He joins from Intertrust, where he was business unit director, real estate solutions.
SANNE to acquire Inbhear
Sanne, the C.I.-based alternatives administrator, has agreed to acquire Inbhear Fund Services and Inbhear Management Services for an upfront consideration of EUR6.6m (USD7.2m), and an earn-out over the next three years capped at EUR7.8m (USD8.6m). Inbhear is a Dublin-based fund administrator with a presence in Cayman.
IQ-EQ hires Bram Eijsbouts as Lux head of bus dev
IQ-EQ has appointed Bram Eijsbouts as head of business development for Luxembourg, a newly created position. He will report directly to Fèmy Mouftaou, IQ-EQ Luxembourg’s chief commercial director. Eijsbouts previously spent 10 years at Intertrust, which recently lost a team of five Luxembourg senior managers who moved to TMF.
Northern Trust deploys IHS Markit’s technology for syndicated bank loans
Northern Trust has automated processing of the full trade settlement lifecycle for syndicated bank loans through integration with IHS Markit’s ClearPar Custodian Services Messaging capability. Designed to deliver trade data in a standardised format via secured communications, this service increases scalability and efficiency while reducing the risks inherent in a manual trade settlement process. The…
Centaur secures equity investment from FTV Capital
Centaur Fund Services, the Dublin-based provider of administration and regulatory services for the alternative investment fund industry, has secured an equity investment from FTV Capital, a U.S.-based private equity firm. Ronan Daly, Karen Malone and Eric Bertrand, Centaur’s founders, will continue their leadership roles and remain significant shareholders in the company. As part of the…
Aztec to service Luxgrove’s Jersey real estate fund
Aztec Group, the C.I.-based administrator, been selected to provide administration services to Luxgrove Capital Partners, a UK-based real estate investment manager. Aztec will provide a range of administration, accounting and governance services to Luxgrove’s Residential Value Add Fund, which is incorporated as a Jersey private fund.
Intertrust acquires Round Hill’s legal, corporate & acctg services team
Intertrust, the Netherlands-based provider of corporate and fund solutions, has signed a strategic agreement with Round Hill Capital, a UK-based real estate investment, development and asset management firm. The deal sees Intertrust acquire the legal, corporate and accounting services team of a subsidiary of the global firm. Whilst continuing to provide dedicated ongoing support to…
Citco hires Elaine Furnari as head of loan servicing
Citco has appointed Elaine Furnari as head of loan servicing at Citco Fund Services (USA) Inc. She will manage the expansion of Citco’s loan servicing offering and joins after nine years as senior vice president and head of commercial loan support at HSBC.
Joe Greenwell joins Aztec for UK business development
Aztec Group, the C.I.-based administrator, has appointed Joe Greenwell as associate director of business development in the UK. He will be responsible for identifying and developing business opportunities in both the real assets and private debt sectors. Greenwell has more than 10 years’ experience supporting private debt, infrastructure, real estate and private equity clients. He…