Alexander Wedlich has joined Amicorp Fund Services as MD and conducting officer, based in Luxembourg. He joins from Apex.
Category: Offshore
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…
Carne hires CFO
Carne Group, the European provider of fund regulation and governance solutions for the asset management industry and Europe’s largest third-party management company, has appointed John Cotter as its new chief financial officer. He joins Carne’s board and executive committee, reporting to John Donohoe, the group’s founder and CEO. He joins from Wells Fargo Bank International.
Apex hires Abu Dhabi SEO
Apex has appointed Sonja Suessenbach as head of Abu Dhabi. She was previously at Lombard Odier.
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,…
Apex wins in Japan
Apex has expanded its relationship with Integral Corporation, one of the largest Japan-based private equity managers. It will now provide fund administration services to Integral Fund V Series. Apex will now offer Cayman fund administration, Cayman regulatory reporting, tax reporting, board meetings for Fund II, III, IV and a number of investment vehicles.
Coller expands with State Street
State Street has been appointed by Coller Capital to provide fund administration and accounting, custody, depositary services, currency management and transfer agency. Coller Capital is the largest independent investor dedicated exclusively to investing in the private capital secondaries market, with USD33bn AuM. The full-service appointment follows State Street’s initial work with Coller Capital on the…
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.
BNP Paribas wins PE mandate
BNP Paribas has been mandated by PAI Partners, a private equity firm investing in companies in Europe and North America, to provide depositary bank services for its eighth fund, PAI Partners VIII, representing EUR7.1bn (USD8bn). This new mandate extends PAI Partners’ long-term relationship with BNP Paribas, which already includes global custody, depositary bank and transfer…
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…