Sanne, a UK-listed provider of alternative asset and corporate administration services, has been appointed by Kasada General Partner to provide fund administration and accounting functions for all fund structures based out of Mauritius. Kasada is an independent investment platform within the Kasada Group dedicated to hospitality in sub-Saharan Africa. The firm was established in 2018…
Category: Mandates
Langham Hall to service Patron Capital’s RE fund
Langham Hall, a UK-based administrator, has supported Patron Capital with the launch of Patron Capital VI L.P., which at final close has raised EUR844m. Langham Hall will provide administration and accounting services to Fund VI from its Jersey offices. Established in 1999, Patron Capital is a pan-European institutional investor focused on property-backed investments, including corporate…
IQ-EQ supports Queen’s Park Equity for debut fund launch
IQ-EQ, the Luxembourg-based administrator, together with the investment funds team of Carey Olsen in Guernsey, have advised Queen’s Park Equity on the launch of its debut fund, Queen’s Park Equity Partners I, which closed at its hard cap of GBP185m. Established in 2020, QPE is focused on providing capital and expertise to businesses within education,…
Apex provides IPO support for Victory Hill energy fund
Apex has provided IPO support to VH Global Sustainable Energy Opportunities plc (GSEO) ahead of its listing on the London Stock Exchange. GSEO raised GBP242m to invest in a portfolio of global sustainable energy infrastructure assets. Apex offered a single-source solution encompassing pre-IPO support, company secretarial, fund administration and accounting and depositary services. Victory Hill…
Northern Trust to support AMX & DWS initiative
Northern Trust has been appointed to support an initiative between the Asset Management Exchange and DWS to offer a pooled funds service in the UK that enables pension schemes to actively engage in stewardship. The service aggregates investor stewardship preferences and seeks to execute votes in alignment with these preferences. Northern Trust will support the…
Langham Hall supports sale of Purdey Portfolio to Partners Group
Langham Hall, a UK-based administrator, has supported Paloma Capital LLP with the sale of its Purdey Portfolio to Partners Group for GBP253m (USD346m), and also established the acquisition structure in Jersey for Partners Group. Paloma Capital will stay on as co-investor and operating partner for the new structure, for which Langham Hall will provide ongoing…
LACERA expands relationship with State Street
State Street has expanded its relationship with Los Angeles County Employees Retirement Association (LACERA). State Street will now provide additional solutions for performance and analytics, as well as alternative administration for LACERA’s real estate assets. LACERA, one of the largest county retirement systems in the U.S., is an independent government entity that administers and manages…
NES to administer PE fund for Participant Capital
NES Financial, the Silicon Valley-based administrator owned by JTC, has been appointed to provide private equity fund administration services to Participant Capital’s Legacy Fund, LP. Participant Capital is the private equity arm of Royal Palm Companies, a Florida-based real estate and development firm.
IQ-EQ to service new fund for Premico
IQ-EQ, the Luxembourg-based administrator, has been appointed to administer the latest fund of Finnish real estate investment and development firm, Premico. This new fund, Premico Carbon Neutral Residential Fund I, is the first residential fund in the Nordic region focused on constructing sustainable residential buildings with low carbon footprints. Premico is targeting EUR200m with a…
UMB to service Bow River’s Evergreen Fund
UMB Fund Services has been appointed to provide fund administration services for Bow River Capital’s Evergreen Fund, a private equity fund that has been converted to a registered product.