Aztec Group, the C.I.-based administrator, has made two senior appointments to its private debt leadership team. James Vella-Bamber has been promoted to group head of private debt, based in Luxembourg, while Peter Brown joins as head of private debt in Luxembourg. Prior to joining Aztec, Brown was at RBS, where he led funds banking activities…
Category: Headlines
Citco partners with Financial Recovery Technologies
Citco, a provider of asset servicing solutions to the alternative investment industry, has partnered with securities class action recovery service provider, Financial Recovery Technologies. FRT works with over 800 firms to help institutional investors monitor litigations, identify eligibility, file claims and collect funds made available in shareholder class action, global and antitrust settlements. Through this…
Jean Devambez joins MFEX as group COO
MFEX, the independent fund distribution platform, has appointed Jean Devambez as group COO. He joins from BNP Paribas Securities Services where he spent the last 12 years, most recently as global head of innovation and new business model development.
Pendal selects Mainstream for unit registry
Mainstream, an Australian administrator, has been appointed by Pendal Group for a five-year unit registry agreement, Under the arrangement, Mainstream will provide registry services for Pendal’s Australian funds with approximately AUD19bn (USD12.5bn) of assets under management.
Citi appoints Matthew Bax as global head of direct custody & clearing
Citi has appointed Matthew Bax as global head of direct custody and clearing (DCC). He will continue to be based in London, reporting to Okan Pekin, global head of securities services. Bax was previously head of sales for EMEA custody & fund services.
EFA selects i-Hub as AML/KYC platform
EFA, the Luxembourg-based administrator, has chosen i-Hub as its platform for customer due diligence (AML/KYC) services. i-Hub, a wholly owned subsidiary of POST Luxembourg, was conceived and built in Luxembourg to serve the needs of the international banking and investment fund industries. EFA and i-Hub have defined a set of APIs that allow EFA to…
Ultimus to administer new ESG fund for Cornerstone Capital
Ultimus Fund Solutions, a U.S.-based independent administrator, has been selected as fund administrator for the Cornerstone Capital Access Impact Fund. Cornerstone Capital Group is a privately held registered investment adviser based in New York that focuses solely on sustainable and impact investing through targeted environmental, social and governance (ESG) strategies. Ultimus was chosen to administer…
Apex hires Jean-Daniel Zandona as Lux sales director
Apex Group, the Bermuda-based administrator, has appointed Jean-Daniel Zandona as sales director, based in Luxembourg. He reports to Aman Bahel, European head of sales. Zandona will be responsible for continuing to grow the group’s offering in Luxembourg, which has over 600 employees and is the home of the group’s digital banking and onboarding business and…
IQ-EQ hires Jeff Kelly as Cayman country delivery director
IQ-EQ, the Luxembourg-based administrator, has appointed Jeff Kelly as the new country delivery director for the Cayman Islands. He is responsible for overseeing client service delivery within the Cayman office. He joins from Berman Fisher.
SANNE hires Katy Hodgetts as director in Guernsey
SANNE, the UK-based global provider of alternative asset and corporate business services, has appointed Katy Hodgetts as director in its Guernsey office. She joins from BNP Paribas where she had a portfolio of clients managing private equity, debt and real estate assets across a broad variety of fund structures.