Category: Alts

Apex has closed the acquisition of Sanne Group plc, the UK-based provider of alternative asset and corporate services. Following the close of the acquisition, Apex now services nearly USD3trn in assets across administration, depositary, custody and management. The addition of Sanne brings another 2,500 people into the group and adds six new locations in Denmark,…

Zodia Custody (Ireland) Limited has been added to the Central Bank of Ireland’s Virtual Asset Service Provider Register, and is now authorised to provide commercial services to clients in Ireland. Zodia Custody, an institutional cryptoasset servicing company headquartered in London, established its Irish subsidiary in August 2021. Zodia Custody is a wholly owned subsidiary of…

Lionpoint and Accelex have formed a strategic partnership to bring end-to-end operational efficiency to the private markets industry. Lionpoint, a U.S.-based consultancy, partners with technology solution providers focused on private markets. Its core services include strategic advisory, operating model optimisation, technology roadmap and solution selection, and systems integration across the front, middle, and back office.…

IQ-EQ, the Luxembourg-based investor services provider, has appointed Diana Senanayake to the dual role of managing director of its Luxembourg headquarters and regional CEO for Continental Europe. In her new position, she will lead the day-to-day running and strategic direction of IQ-EQ’s head office in Luxembourg; as well as taking responsibility for all activities across…

FundRock Management Company, a Luxembourg-based third-party UCITS ManCo and AIFM which is owned by Apex, has been appointed by natural resources investor Goehring & Rozencwajg to provide ManCo and distribution services. FundRock will provide Goehring & Rozencwajg with ManCo services via its Irish UCITS platform, together with active distribution throughout the EU and Switzerland, delivered…

Ocorian, the C.I.-based provider of fund administration, capital markets, corporate and fiduciary services, has appointed Alice Miller as head of transformation. Based in London, Miller will be responsible for leading a global transformation programme designed to deliver increased business value for Ocorian and its investors, reporting to COO Carole Murphy. She was previously at Capgemini…

Crestbridge, the C.I.-based administrator, has promoted Brian Jemwa to head up its real estate funds division. He joined the firm in Jersey in 2015. Crestbridge works with 90pct of the top ten private equity real estate fund managers globally and services USD80bn of real estate assets.

Zodia Markets, a UK-based cryptoasset exchange and brokerage for institutional clients backed by Standard Chartered, has received cryptoasset registration from the UK Financial Conduct Authority (FCA) and has officially launched its institutional crypto exchange and brokerage business. Zodia Markets’ registration marks the first time a crypto trading business backed by a leading international bank has…