Category: Mandates

Apex has been appointed by American Ventures Partners, a commercial real estate investment company, to provide fund administration, tax compliance and related corporate services. American Ventures recently launched the American Ventures Strategic Property Fund with a target capital raise of USD1bn to invest in distressed U.S. commercial real estate.

CIBC Mellon has been selected by Brock University to provide custody, institutional accounting and pension benefit payment services to the Brock University Pension Plan, as well as access to data and investment information. Brock University sponsors a hybrid pension plan, which contains both defined contribution and defined benefit components. Josh Tonnos, Brock University’s chief financial…

Ultimus Fund Solutions, a U.S.-based provider of fund administration, accounting, and investor solutions, has been selected by U.S.-based ERShares to provide administration services for three mutual funds and two ETFs. Ultimus is providing fund administration, fund accounting, distribution and transfer agency services for the mutual funds and ETFs, which transitioned to Ultimus in Q4 2020…

Northern Trust has been appointed to provide fund accounting, transfer agency and global custody services to Fundsmith’s Luxembourg-domiciled umbrella, Fundsmith SICAV. Fundsmith SICAV was launched in 2011 and currently has EUR6.4bn (USD7.6bn) AuM. At launch, State Street/IFDS were appointed to provide fund administration, custody and TA to the fund. Headquartered in the UK, Fundsmith has…