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.
Category: Offshore
Alter Domus supports Partners Group
Alter Domus, the Luxembourg-based provider of fund administration, asset and corporate services for the alternative investment industry, has signed an outsourcing partnership with Partners Group, one of the largest firms in the global private markets industry. The partnership sees Alter Domus support a broad range of operational functions for Partners Group’s closed-end product offerings, spanning…
ZEDRA appoints deputy CEO
ZEDRA, the Switzerland-based services provider, has appointed Dean Blackburn as deputy CEO. He joins from JTC, where he began in 2019 as group director to the CEO’s office. He later served as JTC’s chief commercial officer before taking up the group head of institutional client services role in 2022.
Citi promotes Gramuglia
Citi has appointed Eduardo Gramuglia Pallavicino as the Citi country officer (CCO) & banking head for Luxembourg. His appointment is effective immediately, subject to regulatory approvals. He will continue in his current role as securities services head for Luxembourg. He joined Citi in 2023 as securities services head of Belgium, Netherlands and Luxembourg. Cilian O’Gogain,…
Waystone wins CLO ETF mandate
Fair Oaks Capital, a UK-based corporate credit manager, has received approval from CSSF, the Luxembourg regulator, to launch what is believed to be the first European-domiciled, Euro-denominated CLO ETF. Fair Oaks plans to list the ETF on Deutsche Börse Xetra and the London Stock Exchange shortly. Waystone has been appointed as the ManCo.
Apex hires for Africa
Apex has appointed Claude Harvey as head of business development, Mauritius and Africa. He previously spent almost six years at Maitland, acquired by Apex in 2023, and has been based in Mauritius for almost ten years.
UI wins major ManCo mandate
Intesa Sanpaolo Wealth Management, the newly established Luxembourg wealth management branch of the Intesa Sanpaolo Group, has appointed Universal Investment Group as ManCo for its UCITS SICAV portfolio in Luxembourg. UI efa will act as central administrator, and the Spuerkeess, a Luxembourg-based savings bank, as the custodian. The SICAV portfolio has been migrated to the…
Imperium supports VC fund
Imperium, the C.I.-based administrator, has supported Creandum, a European venture capital firm, on the launch of its oversubscribed seventh fund.
Vistra hires CFO
Vistra, the Singapore-based administrator, has appointed Andrew Cherry as group chief financial officer. Initially based in Luxembourg before moving to Singapore, he will succeed Hilton Hess, CFO since 2020, who is retiring. Cherry joins from Alter Domus, where he was CFO for five years.
Oak hires from Alter Domus
Oak Group, a C.I.-based provider of private client, funds and corporate services, has hired Stephen Prosser as associate director, funds & corporate, based in Jersey. He was previously at Alter Domus.