Langham Hall, the UK-based administrator, has been appointed as fund administrator for Phoenix Equity Partners’ latest private equity fund and the newly launched Growth Partnership Fund. Phoenix has secured over>GBP600m in new commitments, with GBP400m allocated to the flagship fund and GBP200m to the Growth Partnership Fund.
Category: Mandates
WisdomTree returns to BNY
BNY has been appointed by WisdomTree to provide custody, accounting, fund administration, ETF services and securities lending across its U.S.-listed ETFs, covering USD80.7bn AuM. BNY has also been awarded fund accounting and administration of WisdomTree’s Bitcoin ETF and suite of tokenised funds. The outgoing provider is State Street, which took the mandate from BNY over…
AmerX deploys SFCM
Americas Executions (AmerX), a full-service broker-dealer, has implemented Broadridge’s Securities Finance and Collateral Management (SFCM) platform to support its newly launched securities lending business. SFCM will enable AmerX to manage its securities lending operations, including collateral management, trade lifecycle management and risk assessment.
JTC supports Norlantic fund launch
Norlantic Capital, a U.S.-based private markets firm, has established Norlantic ICAV, an umbrella ICAV authorised by the Central Bank of Ireland as a QIAIF with segregated liability between sub-funds. Norlantic ICAV is an AIF. Norlantic ICAV is managed by JTC Global AIFM Solutions (Ireland) Limited.
BR launches eFront Provider
BlackRock has launched eFront Provider, designed to enable asset servicers to offer asset managers a modern fund servicing experience, complete with real-time views into their private markets investor, fund and investment data. eFront Provider complements BlackRock’s widely used fund administration, investor servicing and data management capabilities for private markets asset servicers. Apex has been onboarded…
CACEIS works with Spiko on MMF tokenisation
CACEIS has enabled clients to subscribe to the first French UCITS money-market funds with units natively issued and delivered on Ethereum’s public blockchain. This marks the launch of CACEIS’ new custody architecture for tokenised financial instruments and crypto assets. Spiko, a pioneering French fintech known for its blockchain-based fund unit tokenisation solution, and Twenty First…
Apex to buy Nikko ManCo in Lux
Nikko Asset Management Co. Ltd, together with its subsidiaries, Nikko AM Group, one of Asia’s largest asset managers, has reached an agreement to transfer its ManCo in Luxembourg to FundRock Management Company S.A., a subsidiary of Apex Group. The transfer agreement includes the sale of Nikko Asset Management Luxembourg S.A. to Apex. Following this, FundRock…
TCW expands with State Street
State Street and TCW have expanded their decades-long partnership that now includes the provision of middle office services. This engagement builds on and grows the existing services that State Street continues to provide TCW, including administrative and custody services to support TCW’s public and private fund complexes and capital for TCW’s alternatives platform. TCW will…
Kaleido appoints RBC
RBC Investor Services has been selected as custodian and fund accountant for Kaleido Growth Inc. and its IDEO+ registered education saving plans (RESPs) and legacy funds. This agreement marks the first between Kaleido Growth Inc. and RBCIS.
Waystone to service Avantis ETFs
Waystone, a European provider of specialist services to the global asset management industry, has been appointed as ManCo by American Century Investments for its first European ETFs. The two UCITS ETFs – Avantis Global Small Cap Value UCITS ETF and Avantis Global Equity UCITS ETF – have been launched under American Century’s quantitative investment unit,…