Griffin Capital Company, a California-based asset manager, has appointed NES Financial to provide its Opportunity Zone fund administration suite. Griffin Capital’s alternative investment solutions include non-listed real estate investment trusts (REITs), actively managed interval funds, tax-advantaged Delaware statutory trusts (DSTs), and an Opportunity Zone Fund. “NES Financial is the only administrator we’ve found with the…
Category: Alts
Aberdeen Standard hires Gen II for PEq funds in U.S.
Gen II Fund Services, a U.S.-based private equity fund administrator, has been named the exclusive fund administrator to certain private equity funds sponsored by Aberdeen Standard Investments Inc. and its affiliates. As part of the appointment, Gen II will provide fund accounting and reporting, fund administration and other related services to ASI’s U.S. private equity…
Aztec Group adds four senior managers in Luxembourg
Aztec Group has made four senior appointments in its Luxembourg office. Philippe Detournay has been appointed as director in the private equity business, while Waqas Khan and Gianmaria Lombardo have been appointed as associate directors. Detournay joins from Luxembourg-based Axior, where he was an advisor and non-executive director. Prior to this, he spent 13 years…
Northern Trust launches new client dashboards for Omnium
Northern Trust has launched a range of new client dashboards for Omnium, its technology platform for alternative fund administration. Omnium client dashboards feature a streamlined interface to enhance the user experience and are optimised for mobile devices to provide real-time, on-demand access to portfolio information. Additional features include interactive data visualisation capabilities, readily accessible static…
Arcis appoints NES Financial for OZ admin
Silicon Valley-based NES Financial has been contracted to provide its purpose-built Opportunity Zone fund administration suite to Arcis Real Estate Capital LLC, a U.S.-based investment management and advisory firm that sponsors and invests in real estate asset classes such as student housing, multifamily, senior living, and hospitality.
Mercatus adds Jeff Conway to board
Mercatus, a technology provider to alternative investors and asset managers with USD540bn on its platform, has appointed Jeff Conway to its board of directors. Before leaving State Street earlier this year, Conway was head of global delivery and business transformation, having spent 30 years at the firm.
Exchangelodge adds fund admin oversight module
Exchangelodge, a US-based provider of SaaS digital process automation and data integration solutions to alternative investment managers, has launched Exchangelodge Version 2.0, which includes a fund administration oversight module. This module automates a fund of hedge fund manager’s review of their administrators by utilising workflows, business rules, and data interrogation to highlight exceptions.
Alter Domus hires three new country executives
Alter Domus, the Luxembourg-based fund and corporate services provider, has appointed three new country executives in Europe, all reporting to George Rologis, head of EMEA. Mark Gebauer has been appointed country executive for Germany. He was an associate partner at Ernst and Young. Therese Wijnen has been appointed country executive for the Netherlands. She joins…
BNY Mellon strengthens EMEA private markets team
BNY Mellon has strengthened its EMEA private markets team with the appointments of Greg Kok and Robert Burchett-Coates. Kok joins as director, private equity, real estate, debt and infrastructure, and will be based in Luxembourg. He was previously at Maitland, where he was head of management company services. Based in London, Burchett-Coates joins as director,…
Ultimus to Acquire LeverPoint Management
Ultimus Fund Solutions has agreed to acquire LeverPoint Management, a U.S.-based provider of fund administration and support services to private equity, venture capital and real estate managers. Ultimus’ private fund business will operate as Ultimus LeverPoint Private Fund Solutions and will provide administration for approximately USD90bn of private fund assets across 230 clients. In total,…