Mandatum Asset Management and fund services platform Universal Investment have launched a new open-ended senior secured loan fund for professional investors in Europe. MAM, the asset management arm of Sampo Group, will manage the sub-fund that will invest in the European and Nordic leveraged buyout financing market. Mandatum Global Investment Fund SCSp SICAV-RAIF – UI-Mandatum…
Year: 2022
Another BBH RM joins BNY Mellon
Meghan Palleria has become the latest manager to defect from Brown Brothers Harriman to BNY Mellon, joining as a senior relationship manager in the investment managers segment. She is based in Boston. So far this year, there have been at least 10 publicly known moves from BBH to BNY Mellon.
BP2S appoints head of India
BNP Paribas has appointed Dodla Rohit Reddy as head of its securities services business in India, effective immediately. He joined BNP Paribas in 2008 and has since held a number of roles in India and France. He is based in Mumbai and reports to Franck Dubois, head of Asia Pacific at BNP Paribas Securities Services,…
LemonEdge hires PC veteran
LemonEdge has hired Jason Haft as VP Sales North America. Haft spent nearly 17 years at FIS/SunGard. LemonEdge is a platform provider for the private capital sector.
Altum hires for private debt & cap markets
Altum Group, a C.I.-based provider of fund, corporate, and family office solutions, has appointed Daniel Gillett as director, private debt & capital markets. Based in Jersey, he joins the corporate services team, and will be focused on further developing the group’s capital markets proposition. He spent over 10 years with Sanne Group Plc, managing accounting…
IQ-EQ appoints head of Caribbean
Cory Thackeray has been appointed as IQ-EQ’s head of Caribbean, a newly created regional leadership position responsible for overseeing strategy, operations and performance across its Cayman, Curaçao and Bermuda offices. Prior to joining IQ-EQ, he was CFO for CrossTower, a crypto investment and trading firm. He has also headed up hedge fund services in North…
BP2S hires new global head of B2C business
Edward Duff has joined BNP Paribas as global head of the broker-to-custody business, based in the UK. He previously spent nearly 14 years at Citi, most recently as global head of sales for the execution-to-custody (E2C) business.
SS&C hires Scally
Steven Scally has joined SS&C in the UK as technology solutions director. He had a brief spell at HSBC after working at BNY Mellon for four years.
Fundnode launched in Singapore
Marketnode, the Singapore-based joint venture between Temasek and SGX, has launched Fundnode, an industry-wide investment funds utility using distributed ledger technology. Fundnode will begin by streamlining fund processes, facilitating simplified subscription, redemption, and record-keeping workflows for funds offered to retail investors (Authorised Collective Investment Schemes). Pilot phase participants of Fundnode will include fund distributors, fund…
Apex to acquire Mainspring
Apex has announced plans to acquire Mainspring, a UK-based provider of venture capital fund administration and accounting services. Mainspring provides outsourced administration and accounting services to small and medium-sized venture fund managers in the UK. Mainspring also operates an FCA-regulated custody business for fund managers offering managed account investments such as EIS funds. Mainspring has…