05AUG19: NES Financial, the Silicon Valley-based administrator, has been selected by Resolute Capital Partners as the third-party administrator for the firm’s energy asset funds.
Category: Independents
Lisa Crawley joins Alter Domus as COO
05AUG19: Lisa Crawley has been appointed chief operating officer of the Luxembourg-based Alter Domus Group. She will be responsible for Alter Domus’ operations globally, reporting directly to Aidan Connolly, CEO. Before joining Alter Domus, Crawley was director of business support at Worldpay in the UK.
Nickolaus Darsch joins Ultimus from SS&C
31JUL19: Nickolaus Darsch has joined Ultimus Fund Solutions as senior vice president, business development. Prior to Ultimus, he held multiple roles within SS&C Technologies (including predecessor firms DST Systems, ALPS and Boston Financial Data Services) in sales, strategic relationship management, product and research groups.
IQ-EQ buys Peru & Partners
29JUL19: IQ-EQ (formerly SGG Group), the Luxembourg-based administrator, has acquired Peru & Partners, a Paris-based consulting firm and fund administrator dedicated to the private equity market. The acquisition adds to IQ-EQ’s existing Paris-based business, Equitis. Established in 2009 by its principal, Sebastien Peru, the business will add fund administration, CFO services, GP and portfolio company…
JFSC fines SANNE GBP350K
29JUL19: The Jersey Financial Services Commission has fined SANNE, the C.I.-based administrator, GBP381,010 (USD470,000) for regulatory failings relating to SANNE Fiduciary Services Ltd. No party suffered losses as a result of the breach.
Intertrust hires Lee Godfrey as MD Western Europe
22JUL19: Intertrust, the Netherlands-based provider of corporate and administration services, has appointed Lee Godfrey, former CEO of Kneip, as managing director Western Europe and a member of the executive committee, starting 1 October 2019. Douwe Terpstra, currently Intertrust Luxembourg COO and a member of the management team, has been appointed as managing director Luxembourg, effective…
Vistra to service Catella’s Lux-domiciled residential fund
22JUL19: Vistra has been appointed as AIFM and depositary of Catella European Residential Fund III. The fund is the first Luxembourg-based pan-European vehicle allowing international investors access to a geographically diversified portfolio of assets in the residential sector.
Two new M&A deals in independent fund admin sector
19JUL19: Two M&A transactions in the independent sector: Inflexion Private Equity is set to acquire Estera, a provider of funds, corporate and trust services, from Bridgepoint. Following completion of the investment, Estera will be merged with Inflexion’s existing portfolio company Ocorian. The combined business will operate from 18 global jurisdictions, including Bermuda, Cayman, Guernsey, Ireland,…
Archer hires Pat Green as relationship manager
18JUL19: Archer, a U.S.-based service provider to the investment management industry, has hired Patrick Green to join its relationship management team in the U.S. He was previously at Accenture, where he was an associate director in the asset & wealth management technology practice.
FHLB Chicago choose SS&C’s EVOLV for loan accounting
18JUL19: The Federal Home Loan Bank of Chicago has signed a multi-year agreement to use SS&C Primatics’ EVOLV platform to automate loan and securities portfolio accounting.