Apex has appointed Frederic Bilas as CEO and member of the board of directors of Apex Fund Services in Luxembourg. The appointment is subject to regulatory approval. He joined Apex in 2020 as COO of the Luxembourg business.
Category: Offshore
China’s E Fund appoints HSBC to service Luxembourg UCITS
HSBC has been appointed by E Fund Management (Hong Kong) Co Ltd to provide servicing solutions for its existing Luxembourg UCITS. This expands HSBC’s servicing of E Fund’s current funds business beyond Asia, where HSBC acts as the depositary, custodian, transfer agent, fund administrator and corporate secretary of the E Fund Greater China High Dividend…
Danske Invest awards J.P. Morgan USD70bn mandate
Danske Invest, the mutual funds arm of Denmark’s Danske Bank, has appointed J.P. Morgan as custodian and depositary for a portion of its funds business, covering assets of USD70bn (EUR59bn). In total, Danske Invest has EUR100bn AuM (USD118bn) across 300 funds.
ZEDRA appoints head of fund management services in Lux
ZEDRA, the Switzerland-based provider of fund and corporate services, has appointed Charles-Alexandre Houillon as director of fund management services in Luxembourg. He was previously self-employed, after spending five years at Vistra.
Coller Capital selects Alter Domus for USD680m credit fund
Alter Domus, the Luxembourg-based alternatives administrator which has AuA of c. USD1trn, has been selected by Coller Capital to provide fund administration and depositary services for a new private credit secondaries fund. The credit portfolio is managed by Ping An Overseas Holdings, with the transaction thought to be the world’s largest for a credit portfolio,…
Suntera to acquire Reference in Lux
Suntera Global, an administrator based in the Isle of Man, plans to acquire Reference Financial Services SA (Luxembourg), a fund administration and corporate services firm. The acquisition is subject to regulatory approval. Founded in 2003, Reference is a provider of fund administration and corporate services to Luxembourg-based entities.
Imperium hires new head of accounting
Imperium Fund Services, a Guernsey-based administrator, has appointed Colette Taylor as head of accounting. She joins from Apex.
ZEDRA hires new head of Guernsey funds
ZEDRA, the Switzerland-based administrator, has appointed Damien Fitzgerald as head of funds for Guernsey. Prior to joining ZEDRA, he was head of funds at TMF Group in Guernsey, Zedra’s Guernsey fund team specialises in fund establishment and administration, company secretarial services and governance, as well as financial accounting and NAV production. In Q4 2020, ZEDRA’s…
Aztec supports new fund launch for MML Capital
Aztec, the C.I.-based administrator, has supported MML Capital, a private equity investment firm and longstanding client, with the fundraising activities and final close of its latest fund, MML Partnership Capital VII SCSp. MML broke through its hard cap, raising EUR670m (USD783m). Aztec will provide administration and accounting services to the fund and its investment structures…
State Street appoints three new country heads in Europe
State Street has appointed new country heads for Germany, Luxembourg and Switzerland. Andreas Niklaus has been appointed as the head of Germany, Riccardo Lamanna as the head of Luxembourg and Dagmar Kamber Borens as the head of Switzerland. They will be responsible for developing business, stewarding client engagement, developing talent, and building the company’s brand…