Altum Group, a C.I.-based provider of fund and corporate administration solutions, has appointed Rolf Caspers as global head of capital markets and managing director in Luxembourg. Caspers was previously at Apex following its takeover of Sanne, where he spent 12 years.
Category: Alts
Gen II partners with Canoe
Gen II Fund Services, a U.S.-based private capital fund administrator with >USD1trn AuA, has formed a partnership with Canoe Intelligence, the fintech supporting alternative investment intelligence for institutional investors, capital allocators, wealth managers, and asset servicing firms. Gen II will leverage Canoe’s technology to continue innovation in automating the receipt, retrieval, and document management of…
Ultimus grows AuA
Ultimus Group, the U.S.-based provider of fund administration, accounting, and investor solutions, has reported strong 2023 growth, with AuA now exceeding USD500bn.
TMF appoints Americas sales head
TMF Group, the Netherland-based administrator, has appointed Menno de Vreeze as head of fund sales for the Americas. He was previously at abrdn.
Universal hires COTO
Universal Investment Group, the European fund services platform and Super ManCo, has appointed Johannes Elsner as its new group chief operating and transformation officer. Elsner succeeds Etienne Rougier, who has decided to step down from his role as COO and head of Luxembourg. Most recently, Elsner served as group chief information officer and member of…
HIGHVERN expands in Guernsey
HIGHVERN, the C.I.-based administrator, is launching fund administration services in Guernsey. Jenni Hartley joins from TMF Group as head of funds – Guernsey, Ali Moullin is appointed as associate director, also joining from TMF. They report to Aidan O’Flanagan, group head of funds.
VanEck selects Gemini
VanEck, the U.S.-based fund manager with USD76.4bn AuM, has named Gemini as BTC custodian for its recently approved bitcoin ETF under the ticker HODL, which is listed on the Cboe BZX Exchange. State Street is the custodian of cash, fund accountant, transfer agent, ETF basket servicer and order-taker.
U.S. Bank wins multi-domicile mandate
U.S. Bank has been appointed by Monroe Capital LLC to provide custody, fund administration and depositary services for its new fund structure, Monroe Capital Private Credit Fund V, including Luxembourg, U.S. and Irish entities. Monroe Capital has a 20-year track record in direct lending/private credit.
SILC picks PAXUS
The SILC Group, a specialist Australia-based trustee and fund administration business focused on alternative investment assets, has selected the PAXUS fund administration system for its third-party fund administration business operations. PAXUS is a platform offered by Pacific Fund Systems, the Isle of Man-based fintech owned by Apex. SILC has opted for a full SaaS PAXUS-CLOUD…
SGSS to support Schroders’ ELTIF 2.0
Schroder Investment Management (Europe) S.A. has launched Schroders Capital – Private Equity ELTIF 2023, its first Luxembourg-domiciled ELTIF 2.0 private equity fund distributed in France and internationally. Schroders is one of the first asset managers to market an ELTIF 2.0 to French retail clients. SGSS has been selected by Schroders as centralising agent in France…