Ultimus Fund Solutions has been appointed to provide fund accounting and transfer agency to Public Trust Advisors, LLC, an independent investment advisor that specialises in managing and servicing the investment needs of local governments in the U.S. Founded in 2011, Public Trust offers investment management services to the public sector through local government investment pools…
Category: Headlines
MUFG expands LP services to Europe & Asia
MUFG Investor Services has expanded its limited partner services offering to Europe and Asia. This expansion out of North America is in response to increased market demand for LP services from private equity, real estate and other institutional investors. The enhanced offering automates data extraction and optimises specificity and accuracy to make functionality compatible with…
Leon Kruger joins Ocorian as Mauritius client services director
Ocorian, a C.I.-based administrator, has appointed Leon Kruger as client services director in Mauritius. He joins from Sanlam Life Limited in South Africa.
Anika Ratzmann joins Crestbridge in Luxembourg
Crestbridge, a UK-based administrator, has appointed Anika Ratzmann as head of legal & compliance, ManCo operations, based in Luxembourg. She was previously at Flossbach von Storch.
Sanne to administer Kasada’s Mauritius-domiciled funds
Sanne, a UK-listed provider of alternative asset and corporate administration services, has been appointed by Kasada General Partner to provide fund administration and accounting functions for all fund structures based out of Mauritius. Kasada is an independent investment platform within the Kasada Group dedicated to hospitality in sub-Saharan Africa. The firm was established in 2018…
Langham Hall to service Patron Capital’s RE fund
Langham Hall, a UK-based administrator, has supported Patron Capital with the launch of Patron Capital VI L.P., which at final close has raised EUR844m. Langham Hall will provide administration and accounting services to Fund VI from its Jersey offices. Established in 1999, Patron Capital is a pan-European institutional investor focused on property-backed investments, including corporate…
IQ-EQ supports Queen’s Park Equity for debut fund launch
IQ-EQ, the Luxembourg-based administrator, together with the investment funds team of Carey Olsen in Guernsey, have advised Queen’s Park Equity on the launch of its debut fund, Queen’s Park Equity Partners I, which closed at its hard cap of GBP185m. Established in 2020, QPE is focused on providing capital and expertise to businesses within education,…
Marketnode joins forces with Covalent for E2E digital FI solution
Marketnode, the digital assets joint venture between the Singapore Exchange (SGX) and Temasek, has partnered with fixed income issuance and data firm, Covalent Capital, to build what they claim is Asia Pacific’s first end-to-end digital infrastructure in the fixed income space. This latest development follows the JV announcement by SGX and Temasek. As part of…
Northern Trust makes senior management moves
Northern Trust has hired Kelley Conway to lead its corporate and digital strategy, based in Chicago and reporting to Mike O’Grady, CEO. She joins from Accenture, where she was a partner in the financial services practice. The firm has also established a new unit within its asset servicing business, Investment Data Science, which will be…
SGSS rationalises UK fund servicing operations
Société Générale Securities Services has confirmed that it will no longer offer fund administration services to UK-domiciled funds. SGSS will continue to service offshore-domiciled funds of UK managers through its operations in Ireland and Luxembourg.