HSBC in Saudi Arabia has expanded its existing fund administration capabilities to include private assets. HSBC is thought to be one of the few providers in KSA to offer fund administration for clients investing in both traditional and private assets.
Month: April 2026
CACEIS supports new IPO on Lise
Montpensier Arbevel Focus Small 2030, with CACEIS as depositary, is taking part in the world’s first natively tokenised IPO on Lise. For the first time, a small-cap alternative investment fund is subscribing to a natively tokenised IPO. The Montpensier Arbevel Focus Small 2030 fund took part in the IPO of ST Group on Lise –…
Maples supports new fund launch
Novus Aviation Capital, a DIFC-based independent aircraft leasing and financing firm, has launched Tamweel Aviation Finance III Fund with the support of the Maples Group with its fund administration, fiduciary and legal services capabilities.
Suntera to acquire EAC
Suntera Global, the C.I.-headquartered provider of fund, corporate, and private wealth services, has agreed to acquire U.S.-based Experienced Advisory Consultants LLC (EAC), subject to completion conditions. EAC is a provider of outsourced solutions, ManCo, and operational support services to alternative investment managers across the U.S.
Taskize integrates with TCS
Taskize, the Euroclear-owned fintech, has partnered with TCS to integrate its exception management and collaboration functionality directly into the TCS BaNCS platform, enabling users to raise and resolve queries within the core processing environment. TCS BaNCS users can now raise, resolve and track a query about an exception in the trade lifecycle – including breaks…
Eleven launches payments platform
Eleven, the investor operations platform for private fund managers and fund administrators, has launched Integrated Payments, a system that automates capital calls and distributions. Integrated Payments is now available on the Eleven platform for fund administrators and investment firms operating across private equity, venture capital, real estate, hedge funds, and other alternative asset classes.
Maiuri joins Ultimus board
Ultimus has appointed Lou Maiuri as an independent member of its board of directors. Maiuri is currently chairman and group CEO of AssetMark, and was previously, president, COO and head of investment services at State Street.
State Street to launch tokenised fund service
State Street intends to deliver a tokenised fund servicing capability from Luxembourg by the end of 2026. State Street Investment Management is expected to be an early adopter of the service. The capability will be delivered through State Street’s digital asset platform.
Calamos launches ETF on Waystone platform
Calamos Investments, a U.S.-based alternatives manager with USD47bn AuM, has launched the Calamos Autocallable Income UCITS ETF hosted on Waystone’s white label ETF platform. The ETF is domiciled in Ireland and offers both accumulating and distributing ETF share classes. The ETF share classes will initially be listed on the London Stock Exchange and the Deutsche…
Grande joins Ultimus
Thomas Grande has joined Ultimus LeverPoint Private Fund Solutions as an SVP in its relationship management team, based in Boston. He was previously at U.S. Bank.