Front Street Capital Management, an RIA, has selected SEI for custody and technology solutions. Front Street is moving >USD600m in assets to SEI.
Category: Independents
Apex appoints Africa head
Apex has appointed Robert Walton as head of ManCo services – Africa. He joined Apex through its acquisition of Boutique Collective Investments and Boutique Investment Partners in 2023. His remit will now include being CEO of Fundrock Management Company.
Waystone hires CPO
Waystone, the Europe-based provider of specialist services to the global asset management industry, has appointed Pervaiz Panjwani as chief product officer. Prior to joining Waystone, Panjwani was at Citi, where he held several global and regional senior roles across product, sales and relationship strategy in asset servicing, including co-global head of fund services, where he…
Phoenix deploys Allvue
Phoenix Fund Services Group, LLC, a woman and minority owned and led fund administration provider, has selected Allvue Systems to enhance its fund administration services. Phoenix is now live with Allvue’s fund accounting and investor portal solutions.
FundBank granted U.S. licence
FundBank, a bank for alternative asset managers, has been approved by the U.S. Department of the Treasury’s Office of the Comptroller of the Currency to operate a national bank. FundBank, N.A. is headquartered in Texas, with a relationship management office in New York. The bank will begin operations with a limited number of initial clients…
Ultimus hires senior managers
Ultimus Fund Solutions has hired several new senior managers. Jessica Chase joins as SVP, relationship management. She was previously at Apex. Lance Christofferson joins from SS&C as SVP, retail alternatives transfer agent. Kerric Kynard joins from ACA Group as SVP, business development. Jennifer Myers joins from Citi as SVP, fund accounting.
Universal hires chief product officer
Universal Investment Group, the Europe-based fund services platform and Super ManCo, has scored a major coup with the appointment of Ronan Doyle as chief product officer. Doyle joins from CACEIS, where he was global head of product management, based in Dublin, having transferred from RBC following the takeover. U-I has also promoted André Jaeger to…
Apex partners with 1fs Wealth
1fs Wealth, a UK-based global wealth intelligence provider, has established a strategic partnership with Apex. 1fs Wealth’s AI-driven platform enables wealth owners to consolidate their assets, control risk, manage ownership and derive insights around their portfolio. Through the partnership, Apex clients will have access to 1fs Wealth’s digital infrastructure, which has the potential to help…
Arcesium launches RR solution
Arcesium, a provider of investment lifecycle and data management technology for the global investment industry, has launched a Regulatory Reporting solution that aims to reduce the resources required to manage regulatory compliance. The tool allows investment managers to remain compliant with evolving global reporting frameworks, using a trusted, single source of data pulled from within…
Gen II upgrades Southampton office
Gen II Fund Services an independent private capital fund administrator, has relocated its Southampton, UK office. Gen II’s Southampton team has moved to new premises with capacity for up to 300 staff. The office is a centre of excellence for fund administration technology and processes. The Southampton office came as part of Gen II’s acquisition…