SimCorp, the Deutsche Börse-owned financial technology company, has appointed Ulrik Modigh as head of SimCorp Business Services. Modigh will oversee SimCorp’s full range of business services, including data management, investment accounting, and investment operations. Modigh recently served as COO, head of operations and technology at Nordea Asset Management. Based at SimCorp’s global headquarters in Copenhagen,…
Category: Independents
AB appoints Evelyn as ACD
AllianceBernstein has appointed Evelyn Partners Fund Solutions as ACD for its UK OEIC range. The six funds were launched in 2019 and now hold assets in excess of USD1bn. EPFL currently supports over 150 funds with funds under governance of c. GBP10bn (USD13bn).
Universal shuffles client-facing management
Universal Investment Group has reshuffled its client-facing management team. Katja Mueller, currently chief customer officer, will take on a new role as senior advisor and multi-supervisory board member of Universal Investment Group. Jochen Meyers will become group head of relationship management and will be responsible for all client service teams in Germany, Luxembourg and Ireland.…
alchelyst hires U.S. leader
alchelyst, the Ireland-based administrator, has appointed Shawn McMenimen to lead its business in the U.S. Based in Boston, he has previously worked at Alter Domus and Gen II after spending 19 years at State Street.
Maples to support new DIFC fund
Maples has been appointed to provide fund administration services to the newly launched Amplify Growth Fund. The fund is domiciled in the Dubai International Financial Centre and is targeting USD100m in capital commitments from institutional investors.
Palmer partners with Entrilia
Palmer, the UK-based private capital markets administrator founded in 2023, has partnered with Entrilia, a fintech providing platform solutions for the private markets sector.
Ultimus supports PlanRock’s ETF launches
Ultimus Fund Solutions has assisted PlanRock Investment Management with the launch of its first two actively managed ETFs. PlanRock appointed Ultimus as fund administrator to help expedite the launch process and expand its product offerings to investors.
IQ-EQ supports AirFund fund launch
AirFund, a digital marketplace established in 2021 to streamline the distribution of private market funds to individual investors through wealth management distributors, has launched its first feeder fund. This fund will invest in the master fund ACF IX, managed by Access Capital Partners. The feeder fund is being launched in collaboration with IQ-EQ, the investor…
Ultimus partners with Arch
Ultimus LeverPoint Private Fund Solutions has partnered with Arch, provider of a digital platform for private investment operations and investor communications. Ultimus will deploy a platform that automates manual tasks, enhances productivity, and maximises the use of data and insights from asset managers. This collaboration aims to transform the cumbersome data management process for asset…
Langham Hall supports Bread Street PE fund
Langham Hall, the UK-based administrator, has supported Sarasin Bread Street with the launch of its inaugural Bread Street Multi Vintage Private Equity Fund, which has secured EUR124m (USD138m) in investor commitments. Langham Hall has been selected to provide fund accounting and administration services from its Guernsey office.