Alter Domus, the Luxembourg-based provider of fund and corporate services for the alternative investment industry, has agreed to acquire MSC Group in Australia to expand its global client offering with specialist private credit and alternative assets servicing around trusteeship, custody and fund administration, covering AUD43bn (USD31bn) AuA. The acquisition will add licensed trustee, custody, and…
Month: May 2026
BBH to support SEC Names Rule
BBH has launched a solution to help asset managers ensure they are compliant with the SEC Names Rule (Rule 35d-1). The rule requires registered investment funds to ensure their names accurately reflect their investments and risks. If a fund’s name suggests a focus on a particular asset type, industry, or strategy, at least 80pct of…
BNPP promotes within FI&C client line
The securities services business of BNP Paribas has appointed Camille Papillard as deputy head of its financial intermediaries & corporates (FI&C) client line, and Laurent Libiszewski as regional head of FI&C EMEA. Both report to Bruno Campenon, head of the FI&C client line. Libiszewski expands his responsibilities to regional head of FI&C EMEA, succeeding Papillard,…
UI hires from CACEIS
Universal Investment has appointed Nils Mordt as head of international sales and relationship management, based in London. He joins from CACEIS, where he was head of regional coverage for the UK, U.S., Middle East, and Asia. Prior to that, he spent more than six years at RBC Investor Services, most recently as head of UK…
NAV wins Bitcoin fund admin mandate
Chicago-based NAV Fund Services has been appointed fund administrator for Nomura-backed Laser Digital‘s upgraded Bitcoin Diversified Yield Fund (BDYF), the first natively tokenised Cayman Bitcoin yield fund. NAV’s appointment extends a three-year relationship between the two companies.