Kieran Dowling has re-joined Northern Trust as head of strategic clients, private markets, for EMEA, based in Luxembourg. He reports to Olivier Noel, head of private markets, EMEA, and country head, Luxembourg. Dowling was briefly at Fundbank after a 20-year career at Northern Trust.
Richard
Alter Domus supports Cinven fund launch
Alter Domus has supported Cinven on the final closing of their Strategic Fund 2, which raised c. EUR2.3bn (USD2.6bn). Alter Domus served as Cinven’s operational partner throughout, providing services across fund accounting and administration, investor reporting, transfer agency and structuring support.
OMBA runs FINBOURNE agents
OMBA Advisory & Investments has been running FINBOURNE agents in production for six months across its daily investment operations, reducing its operational burden by at least 20pct. The agents provide coverage across a large portion of OMBA’s daily operational cycle from morning data load checks and reconciliations through to client-facing commentary. Agents are live across…
Langham Hall supports Ryse
Langham Hall has supported Ryse on the launch of its independent sponsor platform. Ryse invests on a deal-by-deal basis in established companies aligned with Europe’s structural growth themes. Langham Hall is providing administration services for each of the deal-by-deal structures from its Luxembourg office.
Prescient partners with Ultumus
Prescient Fund Services is partnering with Ultumus, the provider of ETF and index data and technology. Under the agreement, Ultumus will provide its ETF OMS to support Prescient Fund Services’ ETF operations across Europe and South Africa. Ultumus will also provide PCF calculation services for Prescient’s European ETF offering.
StanChart appoints securities services head
Standard Chartered has appointed Ying Ying Tan as global head of securities services. She succeeds Margaret Harwood-Jones, who has taken on the role of CEO, UK & Europe, at Standard Chartered. She has also been appointed as global head of digital assets, She will continue to report to Ole Matthiessen, global head, transaction services &…
Apex hires TA product chief
Apex has appointed Olivier Portenseigne as global head of transfer agency products. Based in Luxembourg, he will lead Apex’s global transfer agency product strategy and innovation agenda. He joins from FundsDLT, Clearstream’s blockchain-based fund distribution and transfer agency platform, where he was CEO.
Suntera appoints Singapore fund services head
Suntera, the C.I.-based provider of funds, corporate, and private wealth services, has appointed Kelvin Sng as head of fund services in Singapore.
EQT to acquire RE provider
In Australia, EQT Holdings Limited has entered into a conditional agreement to acquire, for nominal consideration, all of the issued shares in Platinum Investment Management Limited (PIML) from Platinum Asset Pty Limited, a wholly owned subsidiary of L1 Group Limited. PIML is the responsible entity (trustee) for a range of listed and unlisted managed investment…
Apex supports platform launch
Apex has supported BlueDot, the Switzerland-based asset manager, with the launch of its investment platform, providing ManCo, fund administration and custody services.