ATLAS SP Partners, a provider of structured and asset-backed credit to institutional borrowers and institutional investors, has appointed Citco to provide operational loan and bond accounting as well as administration services for its balance sheet and fund products. Citco has a loans portfolio of >USD200bn across 28,000 loan facilities.
Category: Offshore
Komainu gets another CEO
Komainu, the Nomura-backed custody provider for digital assets, has appointed Paul Frost Smith as co-CEO, working alongside Robert Johnson, who has been serving as interim CEO and has now been appointed as co-CEO on a permanent basis. In his most recent role, Frost Smith was co-founder and CEO of Corinthian, a digital asset investment management…
Brenda Bol leaves BNY Mellon
Brenda Bol has been appointed country head and managing director at Cecabank S.A. (Luxembourg), a new branch currently under the application process for a banking licence. Cecabank is a wholesale Spanish bank providing specialised services in securities services, payments, treasury management and digital solutions. Bol moves from BNY Mellon, where she was country head for…
GemCap renews with CACEIS
CACEIS has renewed its partnership with GemCap Investment Funds (Ireland) PLC, a multi-manager UCITS platform supported by Gemini Capital Management, a UCITS ManCo. GemCap is a specialist in the UCITS fund space, offering Irish-based operational and regulatory solutions. The renewal, for >EUR4.7bn (USD5bn) AuC/A, covers depositary, custody, fund accounting, transfer agency and production of financial…
FundBank appoints GC CEO
FundBank, the banking fintech specialising in the asset management sector, has appointed Laura Accurso as chief executive officer and general counsel of its Cayman operation, replacing Colm O’Driscoll, who is promoted to a global leadership role. Accurso was previously chief banking officer. Earlier this year FundBank appointed Steve David as CEO of its European operations.
CBI approves EQT MBO
The Central Bank of Ireland has approved the management buy-out of the Ireland business of Equity Trustees, the Australian administrator. As a result, the company will be renamed Gateway Fund Services Ltd, with Kevin Lavery as CEO. In 2023 EQT Holdings Limited, the ASX-listed holding company for Equity Trustees, reached an agreement to sell its…
Alter Domus appoints CTO
Alter Domus, the Luxembourg-based provider of fund administration, private debt, and corporate services for the alternative investment industry, has appointed Demetry Zilberg as chief technology officer. He reports to Doug Hart, Alter Domus CEO, and will also join the group executive board. Prior to joining Alter Domus, he was CTO in the digital technology &…
IQ-EQ implements Multifonds
IQ-EQ, the Luxembourg-based provider of fund administration, private debt, and corporate services for the alternative investment industry, has gone live on Temenos’ Multifonds platform, implementing the solution in under six months. IQ-EQ chose Temenos Multifonds Global Investor Servicing to automate and streamline its investment operations, initially for transfer agency services in Europe, with the potential…
Varys hires FundRock
Varys Capital has appointed FundRock, the Apex-owned administrator, to manage a feeder fund, Varys Capital Ventures (CEIC) Limited, in the Abu Dhabi Global Market (ADGM). Apex has been appointed as administrator.
Gen II completes Crestbridge acquisition
Gen II Fund Services, the U.S.-based independent private capital fund administrator, has closed the acquisition of Crestbridge, a UK-based provider of private capital fund administration services. The acquisition of Crestbridge expands Gen II’s presence in Luxembourg and adds jurisdictional reach in the UK, Jersey, Ireland, and other international markets, significantly broadening Gen II’s global service…