Highvern, a C.I.-based provider of fund administration, private wealth, and corporate services, has appointed Emma Keane as country head and Adrian Bailie as head of corporate and capital markets in its Ireland office, based in Dublin. Both are internal appointments.
Category: Offshore
HSBC veterans launch SpireBay
Two veterans of the fund services industry have co-founded SpireBay, an independent advisory firm based in Dublin. Ronnie Griffin and Paul Ellis previously worked together at HSBC with responsibilities for key parts of its securities services business globally, from Dublin and London. SpireBay aims to provide outcome-focused leadership and consultancy that combines decades of industry…
Schroders outsources to CBRE
Schroders Capital’s real estate business has signed an outsourcing agreement with CBRE, which will provide real estate fund administration services in the UK and Luxembourg. Under the agreement, CBRE provides fund accounting and administration services for approximately GBP11bn (USD14bn) of Schroders Capital’s UK and Luxembourg-based real estate funds.
GAM transfers ManCo ops to Apex
GAM, the Switzerland-based investment manager, has reached a definitive agreement to transfer its ManCo activities in Ireland, Luxembourg and the UK to Apex Group Ltd. The transaction is subject to applicable regulatory approvals and other customary conditions. The transfer agreement includes the sale of GAM Fund Management Ltd, Dublin, including its in-house transfer agency function,…
Aztec appoints Lux head
Aztec, the C.I.-based administrator, has appointed Loic Choquet as head of jurisdiction in Luxembourg. He will continue in his role as head of group centres of excellence and internal control. Aztec has >700 Luxembourg-based employees, and has recently launched its AIFM service in the domicile.
IQ-EQ hires Belgium head
IQ-EQ has appointed Philippe Hijazin as managing director for Belgium. Prior to joining IQ-EQ, he was a director for Deloitte Consulting.
JTC acquires in UK
JTC, the C.I.-based administrator, has announced the acquisition of Hanway Advisory Limited, an independent professional services firm. Hanway provides a full range of outsourced corporate governance and administrative services to UK-listed investment companies. Hanway is JTC’s second UK fund services M&A deal in 2024, following the acquisition of Blackheath Capital Management LLP, a London-based asset…
Goldman Sachs supports AI ETF launch
Goldman Sachs has won the first fund launched by a client in EMEA through the Goldman Sachs ETF Accelerator platform with the listing of a new AI-driven equity ETF on the German market. The AI-Enhanced Eurozone Equities UCITS ETF is aimed at institutional and semi-institutional investors, as well as private investors. Ultramarin GmBH, a tech…
Ogier granted Lux licence
Ogier Global, Ogier‘s corporate and fiduciary services division, has been granted a fund administration licence by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. Ogier Global will now extend its range of services to include fund administration, corporate and domiciliation services from Luxembourg.
JTC to acquire FFP
JTC, the C.I.-based professional services business, has agreed to acquire FFP, a Cayman-based provider of specialist fiduciary services to fund, trust and corporate clients. Completion is subject to regulatory approvals. Founded in 2012, FFP provides a range of specialist fiduciary, restructuring, trustee, fund administration and corporate services. Post acquisition, JTC will have an enlarged team…