Category: Bank Providers

Alchemy Partners is expanding its relationship with Northern Trust to deliver asset servicing solutions for its latest special opportunities fund, Alchemy Special Opportunities Fund V L.P. (ASOF V). ASOF V surpassed Alchemy’s fundraising target, securing total commitments of c. EUR1bn (c. USD1.03bn). Based in London, Alchemy is a private equity firm specialising in investing in…

GW&K, a Boston based institutional asset manager and wealth advisor, has selected·BNY’s accounting and performance platform, including a ledger, and a reconciliation workflow, automation, and reporting framework. The software will be integrated with GW&K’s trade order management and data platforms.

HUB, the fund services provider in which State Street has a stake, has been appointed by Gresham House Ireland to provide HUB Performance Reporting, a SaaS solution designed to automate and simplify performance reporting and factsheet production. Gresham House Ireland, an alternative asset manager, will use HUB to automate performance reporting, standardise factsheet generation, and…

Northern Trust has been appointed to provide asset servicing solutions to Igneo Infrastructure Partners as its global private capital administration partner. Igneo manages USD20bn of assets. It is the direct infrastructure investment team of the First Sentier Investors Group, a major Northern Trust client. Northern Trust will deliver solutions servicing Igneo’s funds domiciled in Australia,…

IDR, a private markets investor onboarding platform, has hired Kevin Skorzewski as senior commercial development director, based in New York. He joins IDR from BNY where he led the bank’s alternative asset managers business development team for the Americas.