Vistra, the Asia-based provider of global trust, fund administration and corporate services, has appointed Jervis Smith as country managing director of Luxembourg. Smith will be responsible for leading Vistra’s Luxembourg office and growing the business, as well as the Vistra office in The Netherlands. Vistra has nearly 250 staff in Luxembourg, its second largest operation…
Category: Independents
Exchangelodge adds fund admin oversight module
Exchangelodge, a US-based provider of SaaS digital process automation and data integration solutions to alternative investment managers, has launched Exchangelodge Version 2.0, which includes a fund administration oversight module. This module automates a fund of hedge fund manager’s review of their administrators by utilising workflows, business rules, and data interrogation to highlight exceptions.
Alter Domus hires three new country executives
Alter Domus, the Luxembourg-based fund and corporate services provider, has appointed three new country executives in Europe, all reporting to George Rologis, head of EMEA. Mark Gebauer has been appointed country executive for Germany. He was an associate partner at Ernst and Young. Therese Wijnen has been appointed country executive for the Netherlands. She joins…
Aztec hires Keith Mallet for corporate services team in Jersey
Aztec Group, the C.I.-based administrator, has appointed Keith Mallet to its corporate services team in Jersey. He joins the corporate services leadership team and will oversee a number of client relationship teams providing company secretarial, administration and accounting services to corporate structures, including fund vehicles, SPVs, trusts, co-invest vehicles, listed funds, MOMEs and management incentive…
Ocorian hires three managers in Luxembourg
Ocorian, the C.I.-based administrator, has made three appointments in Luxembourg. Susana Carvalho joins as associate director, head of funds operations. She was previously head of operations at a Luxembourg-based alternative investment fund manager. Emmanuelle Poret joins as head of client onboarding. She previously led the client relationship management department for Arendt Services. Rachel Aguirre joins…
Link sells South African registry business to JSE
Link Group, the Australia-based administrator, has agreed to sell its 74.85pct holding in Link Market Services South Africa to JSE Limited. Link Group will receive proceeds of R224.5m. Link Group entered the South African registry market in 2006. JSE is Africa’s largest multi-asset class stock exchange.
Ultimus to Acquire LeverPoint Management
Ultimus Fund Solutions has agreed to acquire LeverPoint Management, a U.S.-based provider of fund administration and support services to private equity, venture capital and real estate managers. Ultimus’ private fund business will operate as Ultimus LeverPoint Private Fund Solutions and will provide administration for approximately USD90bn of private fund assets across 230 clients. In total,…
Aberdeen Standard Investments consolidates TA with SS&C
Aberdeen Standard Investments (ASI), a UK-based asset manager with >USD676bn AuM, has signed a multi-year contract with SS&C until 2025 for transfer agency services. SS&C helped ASI to consolidate and standardise investor servicing across the combined Aberdeen and Standard Life global operations following the 2017 merger.
SS&C promotes Eamonn Greaves to head global sales
SS&C has made two senior sales appointments. Eamonn Greaves has been promoted to global head of sales. Rob Stone succeed Greaves as head of alternative assets sales in North America. Greaves reports to Rahul Kanwar, president and chief operating officer, and Stone will report to Greaves.
Apex to service EUR10.6bn Prologis European Logistics Fund
Prologis, the U.S.-based industrial real estate investment manager, has selected Apex Group to provide depositary and transfer agency services to the Prologis European Logistics Fund. PELF is Europe’s largest open-ended logistics fund, with assets valued at EUR10.6bn. The fund, which is domiciled in Luxembourg, will be serviced by the Apex subsidiary, European Depositary Bank.