Ultimus Fund Solutions, a U.S.-based independent provider of private equity fund administration, accounting, and investor solutions, has hired Sean McLean as senior vice president, retail alternative fund services. McLean will lead the fund accounting group that services Ultimus’ retail alternative fund business, which includes interval funds, tender offer funds, and business development companies. He reports…
Category: Alts
FundRock opens in Amsterdam
FundRock, the Apex-owned UCITS ManCo and AIFM provider, has opened an office in the Netherlands for its subsidiary, FundRock Distribution S.A.
Gen II partners with NTT
Gen II Fund Services, the U.S.-based alternative fund administrator, has chosen NTT Ltd., a global technology services provider, as its managed cloud services provider to accelerate its digital transformation journey. The multi-year agreement will consolidate Gen II’s cloud support and security desks, providing the firm and its clients with enhanced efficiency, security, and scalability in…
ZEDRA acquires in Malta
ZEDRA, the provider of corporate and fund services, is to acquire AlleyBe, a Maltese corporate service provider, trustee and virtual financial asset (VFA) agent. The acquisition will add 25 new team members to ZEDRA’s existing business in Malta.
Zodia hires head of sales
Richard Clark has joined Zodia Custody as head of sales & partnerships. Zodia Custody, which is registered in the UK by the FCA as a crypto asset business, is owned by Standard Chartered in association with Northern Trust. Clark previously spent 15 years at Merrill Lynch.
Torstone appoints head of Japan
Torstone Technology, the UK-based SaaS platform for post-trade securities and derivatives processing and risk management, has appointed Yasuaki Hayashi as senior Japan representative, based in Tokyo. Hayashi-san joins from Interactive Brokers, where he was head of Japan, having helped to establish the firm’s Japanese business in 2008.
Fireblocks certified by ISO across three categories
Fireblocks, the provider of digital asset and crypto technology, has been certified by the International Organization for Standards (ISO) in the categories of security (ISO 27001), cloud (ISO 27017) and privacy (ISO 27018). Fireblocks claims that it is the only crypto tech company to achieve all three certifications.
IQ-EQ to support first RE fund for SHRE
IQ-EQ, the Luxembourg-based investor services provider, has been appointed by central European real estate developer SITNO HOLDING Real Estate (SHRE) to provide support services for the launch of its first Luxembourg-domiciled real estate fund. The SHRE SITNO Adriatic Investment Fund, which is targeting a raise of EUR100m (USD107m), will invest in eight real estate development…
Windward launches with SS&C’s front-to-back solution
Windward Management LP, a Miami-based hedge fund management firm, has launched its operations with SS&C’s front-to-back-office solution. SS&C will provide fund administration, order and execution management, investor relations, compliance and regulatory services. SS&C will also support fund and investor accounting, FATCA and CRS compliance, and Form 13-F filings.
AssetMetrix hires deputy tech head
AssetMetrix, the Germany-based fintech in which BNP Paribas has a stake, has hired Vasileios Antonopoulos as deputy head of technology. He will be based in Luxembourg. He joins from RBC Investor & Treasury Services.