IQ-EQ has appointed Tamas Mark as global head of real assets, a newly created position. He joined IQ-EQ in 2020 as head of real estate for Luxembourg.
Apex appoints regional NAM head
Apex has appointed Sanjay Vatsa as regional head of North America. Vatsa has held a number of senior positions in the industry, including spells at Citi, BlackRock, and State Street.
WCM appoints Ultimus LeverPoint
WCM Investment Management, LLC, an independent asset management firm based in Laguna Beach, CA, with c. USD90 billion AuM, has appointed Ultimus LeverPoint Private Fund Solutions, the private assets arm of Ultimus Fund Solutions, to provide fund administration for a number of WCM’s private funds.
BNY Mellon links with Kyriba
BNY Mellon has established a connection of its short-term investment platform, LiquidityDirect, with Kyriba, a provider of cloud-based treasury and finance solutions. This combines Kyriba’s secure, scalable SaaS solution with the LiquidityDirect platform to enhance liquidity performance and unlock better cash visibility. This agreement continues BNY Mellon’s ongoing collaboration with several leading treasury workstations and…
Manaos partners with SESAMm
Manaos, the ESG platform owned by BNP Paribas, has entered into a strategic partnership with SESAMm, a provider of ESG controversy data powered by advanced generative AI. Through this partnership, Manaos will integrate SESAMm’s ESG controversies data into its platform, offering a dedicated dashboard and controversies reports for institutional investors and asset management companies. This…
Maples wins Korea fund mandate
The Maples Group has been appointed to provide fund administration services to the Cayman Islands-domiciled Align Partners Korea Fund. Gordian Capital, the Singapore-based investment manager of the fund, has appointed Seoul-headquartered alternative asset management firm Align Partners Capital Management, Inc. as the sub-investment manager. Maples’ Singapore-based team will provide the fund with services including fund…
Rimes to be acquired by Five Arrows
Rimes, a provider of enterprise data management (EDM)-as-a-service and investment platform solutions, has entered into an agreement to be acquired by Five Arrows, the alternative assets arm of Rothschild & Co. Five Arrows targets category leading B2B data and software sectors across a focused set of end markets, including financial technology. Founded in 1996, Rimes…
BNPP wins two European mandates
Two notable European mandates for BNP Paribas: The securities services business has been selected by Cobas Asset Management to provide depositary services for its investment funds and pension plans. BNPP will act as depositary bank for all collective investment vehicles managed by Cobas Asset Management, which includes six investment funds, one SICAV and three pension…
O’Neill joins Aryza as CRO
Aryza Group, an Ireland-based fintech provider, has appointed Kevin O’Neill as chief revenue officer. He joins from Napier Ai, where he was CRO, and has also worked at Fenergo and RBC.
CBI licenses Aztec in Ireland
Aztec Group, the alternatives administrator, has received licences from the Central Bank of Ireland to provide fund administration and depositary services, following its launch into the Irish market in 2023. Aztec Group administers >EUR600bn across the Channel Islands, Luxembourg, Ireland, the U.S., and UK. The Group specialises in alternative investments, administering over 450 funds covering…