Category: Headlines

Proxymity, Citi’s end-to-end proxy voting platform that directly connects the issuer and investor, has been rolled out in Australia. In collaboration with Computershare, Proxymity was deployed for 561 Australian shareholder meetings with votes covering AUSD86bn (USD58bn) of shares. The platform recorded vote transmission times of as low as 27.5 seconds for European investors that voted…

Crestbridge, the C.I.-based administrator, has appointed William Turner as a director in its real estate services team. Based in Jersey, he will have responsibility for several key client relationships, reporting directly to the Jersey head of the real estate team, Erin Moffat. Turner moves to Crestbridge from Intertrust, where most recently he was a client…

Intertrust, the Netherlands-based fund and corporate services provider, has opened an office in Auckland, New Zealand, appointing David Ritchie as country director. Corporate secretarial and funds support teams for New Zealand clients will initially be based out of Sydney as Ritchie builds the team locally. Ritchie has over 15 years’ experience working in investment banking,…

Arcesium, the U.S.-based administrator in which J.P. Morgan recently took a stake, has hired Kim Durland as senior vice president sales, strategic new accounts, and Ted O’Connor as head of sales for treasury. They will report to David Nable, head of commercial strategy, in these newly created roles. Durland joins from the prime services group…

Sanne, the C.I.-based alternatives administrator, has agreed to acquire Inbhear Fund Services and Inbhear Management Services for an upfront consideration of EUR6.6m (USD7.2m), and an earn-out over the next three years capped at EUR7.8m (USD8.6m). Inbhear is a Dublin-based fund administrator with a presence in Cayman.