Langham Hall, the UK-based administrator, has supported Atlas Health Capital on the launch of its first private equity fund, Atlas Health Fund I, at GBP400m (USD545m). Langham Hall is providing fund administration services from its Jersey office and appointed representative AR services from its London office.
Richard
Alter Domus to acquire in Australia
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…
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.
TMF appoints new CFO
TMF Group, the Netherlands-based provider of compliance and administrative services, has appointed Christoph Hobo as its CFO. He succeeds Patrick de Graaf, who will retire from TMF after serving as CFO since 2019.
HSBC adds PA capabilities in KSA
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.
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.