PennantPark Investment Advisers has appointed Ultimus to assist with the launch and ongoing operations of its new interval fund, PennantPark Enhanced Income Fund. PennantPark is an alternative credit specialist, and manages c.USD10bn of investable capital,
Year: 2026
Apex to support first RIF
Apex has been appointed to provide depositary services to the Resonance Housing Pathways Fund in the UK. The fund is the first Reserved Investor Fund (RIF), and has secured GBP118m (USD159m) from investors.
NT signs with Lukka
Northern Trust has entered into an agreement with Lukka to deliver a digital asset reporting capability. Lukka provides institutional-grade digital asset data infrastructure, software, and analytics. Under the agreement, Northern Trust will leverage Lukka’s platform to support connectivity across >100 blockchains and >400 centralised exchange and decentralised exchange sources, along with custodians, OTC desks, wallets,…
Waystone wins ME ETF ManCo mandate
Waystone has been appointed by Lunate, an Abu Dhabi-based investment firm, to support its suite of Irish ICAV ETFs. Under the agreement, Waystone will provide ManCo services for the ETFs. Earlier this year, Lunate launched two Irish-domiciled ETFs through Euroclear.
Weitz expands with Ultimus
Ultimus has expanded its relationship with U.S.-based Weitz Investment Management. The expanded mandate includes fund accounting and administration, middle office services, and post-trade compliance for Weitz’s mutual fund and managed account complex, alongside the administration of three ETFs supporting nearly USD8bn AuM.
Trident approved in Gibraltar
Trident Trust has received approval to act as an external fund administrator in Gibraltar.
U.S. Bank signs with Fenergo
U.S. Bank’s investment services business has gone live with Fenergo’s Fen-X platform, which automates many of the manual processes traditionally associated with underlying investors and direct client relationships and accelerates account setup while maintaining regulatory requirements. The enhanced onboarding experience provides investors and clients with more transparency throughout the process and enables integration with other…
Alter Domus supports USD1bn CFO
Alter Domus, the Luxembourg-based private markets administrator, has supported Pantheon with the closing of its inaugural private equity collateralized fund obligation, which raised USD1bn.
NAV signs for NTRS’ banking APIs
Northern Trust has launched APIs for its banking services, providing asset servicing banking clients with real-time access to data and services through automated connectivity. The API solution enables clients to integrate banking data directly into their operational workflows. NAV Fund Services, a U.S.-based fund alternative fund administrator, is the first client to implement the new…
BNY collaborates with Galaxy
BNY has struck a deal with Galaxy, the digital assets specialist, to advance the digital asset infrastructure for institutional markets, including support for staking, a process that allows eligible digital assets to earn rewards, on BNY’s digital asset custody platform. This will combine digital asset custody and staking within a single institutional servicing model. Eligible…