Category: Headlines

U.S. Bank has appointed Laura Cote as head of Global Fund Services (GFS) product. Cote has been with U.S. Bank for three years and was most recently a senior product manager for custody within the chief product office organisation. She previously spent 16 years at BBH, where she held operations and relationship management roles, as…

Pirum, the fintech for securities finance and collateral management, has extended its CollateralConnect service integration with Euroclear’s triparty collateral management platform to support mutual clients’ collateral optimisation needs. The extended connectivity between Pirum and Euroclear allows mutual clients to direct collateral allocations to Euroclear’s triparty collateral management environment. To determine their optimal collateral allocation, mutual…

Apex has expanded its strategic partnership with Flow with the launch of Apex Ventures. Flow is a provider of private market infrastructure for investment managers. Apex Ventures is a specialist offering for VC managers and provides a unified, streamlined experience throughout the entire investment lifecycle of a VC fund.

Ocorian, the C.I.-based administrator, has formed a collaboration with Bartsch, a German tax and corporate services provider. Ocorian’s real estate, infrastructure, private equity, and corporate clients will now benefit from Bartsch’s expertise in tax and accounting services tailored for institutional investors, asset managers, and family offices.

Citco, the asset servicer to the alternative investment sector, has launched Citco Japan Co KK. Citco has >USD2trn AuA and offers a suite of middle-office and back-office services to alternative investment companies. Citco Japan Co KK will operate as Citco’s local operational headquarters in the region. The team will offer fund accounting, fund operations and…

11NOV24: The UK’s FCA has approved the launch of Fulcrum’s first commingled long term asset fund (LTAF), WS Fulcrum Diversified Private Markets LTAF. Waystone, the provider of specialist services to the asset management sector, will act as the Authorised Corporate Director. This follows the launch of Fulcrum’s first LTAF earlier this year, for a single…

Centralis Group, a Luxembourg-based alternative asset and corporate services provider, is to acquire Admina Fund Services. Admina is a provider of fund administration and corporate services based in Guernsey, C.I. Admina provides a full suite of integrated fund administration and company secretarial services to regulated and unregulated, listed and unlisted closed-ended limited partnerships, companies, trusts…

Close Brothers Asset Management and SEI have formed a partnership to support CBAM’s operational transformation and growth. CBAM will adopt the SEI Wealth Platform (SWP) and SEI Data Cloud, which provides access to real-time data and analytics to leverage a fully integrated technology and operational outsourcing solution. A number of CBAM employees will also join…