Raiven Capital, a technology venture capital firm, has selected Maples Group to provide fund administration services for its new fund, domiciled in the Dubai International Financial Centre. The fund’s target size is USD125m.
Category: Alts
LemonEdge wins Seneschal mandate
Seneschal, the private equity and real assets fund administrator, has selected LemonEdge, the UK-based fund accounting solution for private markets funds, to build its back-office accounting operations. Seneschal provides fund administration and depository services to private equity and real assets funds. Seneschal currently offers services across UK, Luxembourg and Jersey, C.I.
Langham Hall supports Hypha
Langham Hall has supported Hypha, a newly-formed UK asset manager, with the launch of its inaugural private equity fund, Hypha I LP, which is targeting commitments of GBP100m. Langham Hall has been selected to provide fund administration and appointed representative services from its London office.
J.P. Morgan adds private markets data to Fusion
J.P. Morgan has launched Private Markets Data Solutions for institutional investors, available through Fusion by J.P. Morgan. This is a data management solution for private assets that enables investors, both GPs and LPs, to analyse and gain transparency into their complete portfolio across public and private holdings. Fusion has incorporated data from Aumni, J.P. Morgan’s…
Carne appointed for new AXA fund
Carne, the European third-party ManCo and provider of fund regulation and governance solutions for the asset management industry, has been appointed as ManCo for AXA Investment Managers’ new Euro Long Term Credit Fund. This is the Irish UCITS, euro-denominated equivalent of AXA IM’s Sterling Long Term Credit Fund, providing institutional clients with long-term exposure to…
Northern Trust links with Hamilton Lane
Northern Trust has entered into an agreement with Hamilton Lane, a private markets investment management firm, to provide its proprietary software Cobalt LP and integrated services to Northern Trust’s asset servicing clients. Under the agreement, Northern Trust will offer clients access to Hamilton Lane’s private market data, analytics, and tools through its suite of Northern…
Zedra hires Lux MD
Zedra, the Switzerland-based administrator, is has appointed Peter Brown as managing director of its Luxembourg office. He was previously at Aztec.
Juniper Square to acquire in Lux
Juniper Square, a provider of fund software and administration solutions for private markets, today announced a definitive agreement to acquire Forstone Luxembourg, a division of Forstone Group, Forstone Luxembourg provides fund administration, transfer agency, and other fund services in Luxembourg. The transaction is subject to customary regulatory approvals. following which Forstone Luxembourg will operate as…
Hazeltree partners with Necto
Hazeltree, a provider of cloud-based treasury and liquidity management solutions for alternative fund managers, has struck a partnership with Necto API, a fintech serving corporate finance and treasury departments by aggregating bank APIs. This collaboration will enable Hazeltree to enhance its global bank connectivity network, helping its clients access a broader range of financial data…
Carne & WTW launch LTAF
Carne, the European third-party ManCo and provider of fund regulation and governance solutions for the asset management industry, and WTW, the global institutional investment solutions firm, have gained regulatory approval for the launch of a private equity-focused Long Term Asset Fund (LTAF). The new fund, CG WTW Private Equity Access LTAF, will offer institutional and…