Category: Offshore

Emerging Asset Management Ltd., the Apex-owned provider of turnkey solutions for fund launches, has reached the milestone of USD1bn AuM. EAM’s clients include new and established, small to medium sized fund managers looking to start or launch new alternative investment funds, including hedge funds, private equity, property, and commodities funds. EAM serves both onshore U.S.…

IQ-EQ, the Luxembourg-based administrator, has launched a global private debt & credit desk to support managers and investors with increasingly complex debt strategies and offer clients a dedicated team of expertise across the full debt and credit spectrum. The new desk is complemented by a global structured finance and securitisation team that services asset-backed and…

HSBC Securities Services has appointed Tony McDonnell as global head of alternative investments. For the last seven years, McDonnell has been the country head for securities services in Ireland and, since 2019, has had the additional responsibility of establishing private assets as a product across securities services. He will now focus solely on development of…

EFA, the Luxembourg-based administrator, has been appointed by BlueOrchard Finance Ltd, an impact investment manager, to take over the administration of the Japan ASEAN Women Empowerment Fund (JAWEF). The migration of the fund has been completed. BlueOrchard’s JAWEF was launched in 2016 as the first fund of its kind investing through financial institutions in female…

Crestbridge, the C.I.-based provider of private equity and real estate administration services, has opened an office in Ireland and has hired Andrea Lennon as head of funds, Ireland. Lennon joins from FundRock. Crestbridge is already authorised to provide corporate services in Ireland and aims to provide fund administration services shortly, subject to regulatory approval from…

Northern Trust has been selected by Osmosis Investment Management, a UK-based manager, to provide fund administration, global custody and depositary services for the Osmosis Resource Efficient Core Equity (ex-fossil fuels) Fund in a UCITS common contractual fund (CCF). The Osmosis UCITS CCF is supported by Prescient Fund Services (Ireland) Limited, which serves as its Irish-regulated…