FIS, the U.S.-based technology firm, has acquired a majority stake in the specialist alternatives fund solutions provider, Virtus Partners. Virtus focuses exclusively on managers in the credit space. Terms were not disclosed.
Category: Independents
Doug Hart takes over as group CEO at Alter Domus
Further senior management changes at Alter Domus, the Luxembourg-based provider of fund and corporate services. Doug Hart has been appointed group CEO, replacing Aidan Connolly, who was made interim CEO in 2018 following the departure of Laurent Vanderweyen. Hart joined Alter Domus following the acquisition of Cortland Capital Markets in 2018, and subsequently led Alter…
IQ-EQ appoints Colin Targett as MD for Bermuda and Cayman
IQ-EQ has appointed Colin Targett as managing director of Bermuda and Cayman Islands operations, based in Bermuda. He was previously head of offshore investment operations with Barclays.
Simon Gunson to head FundRock’s UK business
FundRock, the Luxembourg-based administrator, has appointed Simon Gunson as managing director of its UK entity, FundRock Partners Ltd. He joins from Citi.
Crestbridge granted fund admin licence in Luxembourg
Crestbridge, a C.I.-based administrator with USD120bn AuA, has been granted a fund administration licence in Luxembourg. The new licence enables Crestbridge to provide a broad range of fund administration services from Luxembourg, complementing its ManCo business.
NES to service new OZ fund for Synergy Financial
NES Financial, the Silicon Valley-based administrator, has been appointed to provide its Opportunity Zone fund administration solution to Synergy Financial, a real estate investment firm based in Boston.
Link Fund Solutions appoints Peter Sipek as COO
Link Fund Solutions, the Australia-based administrator, has appointed Peter Sipek as its chief operating officer. He joins from SAS Trustee Corporation.
David Felcyn joins Ultimus as director of TA tech
David Felcyn has joined Ultimus Fund Solutions as the director of transfer agent technology. Felcyn will be responsible for the core TA technology and primary oversight of the Envision relationship, which is the technology that Ultimus uses for TA activity. Felcyn previously worked for U.S. Bank Global Fund Services, most recently as head of dealer…
Lemanik selected by E Fund HK as ManCo for Lux SICAV
E Fund Management (Hong Kong) Co., Limited has selected Lemanik Asset Management S.A. as the management company for its Luxembourg SICAV. The fund was launched in 2015. E Fund, the parent company of E Fund HK, was founded in 2001 and is headquartered in Guangzhou.
Atwater Capital appoints Socium as administrator
Socium Fund Services, a U.S.-based administrator focused on private capital, has been hired by Atwater Capital, LLC, a private investment firm that provides equity capital and debt financing in the media and entertainment sectors. Socium will provide operational and fund administration services.