Euroclear and Goji, a Euroclear-owned fintech, have combined to launch a new service for private market funds. The service, which is integrated into Euroclear’s funds platform, FundSettle, complements its existing money market, mutual and alternative fund offerings. The new solution enables clients to access a broader range of fund asset classes through a single point…
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Phoenix American wins new RE mandate
Phoenix American, the U.S.-based administrator, has established a fund administration relationship with Great Oak Funding, a real estate debt fund sponsor. Phoenix American will support the Great Oak Funding Finance VII offering with its investor services platform featuring the STAR-XMS shareholder management/transfer agency system.
Centralis to acquire Ferris
Centralis Group, the Luxembourg-headquartered administrator, plans to expand its real estate service offering through the acquisition of Ferris Group. Ferris, also based in Luxembourg, is a specialist real asset service provider, working with real estate SPVs and investment funds.
Nabi joins GCEX
Jason Nabi has joined GCEX, a digital prime broker, as a strategic business development consultant. Nabi, who is based in the UK, was previously at Bosonic. He has also worked at HSBC, SGSS and BNP Paribas, inter alia.
State Street hires India CEO
State Street has appointed Arindam Banerrji as the firm’s country head for India. Based in Bengaluru, Banerrji reports to Lou Maiuri, president, chief operating officer, and head of investment services. He joins State Street from Wells Fargo, where he most recently served as the executive vice president and managing director for its operating centres in…
ZEDRA partners with Cascata
ZEDRA, the European administrator, has partnered in the U.S. with Cascata Solutions, the digital waterfall fund administration software provider. ZEDRA will deploy the Cascata platform for carried interest and fee administration for its private equity, private credit, venture capital and real estate clients.
Equity Trustees wins FIIG mandate
FIIG Securities, an Australia-based fixed income manager, has selected Equity Trustees to be the trustee of its new fund, the FIIG Australian Bond Fund.
Northern Trust wins ADPF mandate
Northern Trust has been appointed by Abu Dhabi Pension Fund (ADPF) to provide services including global custody, alternative asset administration through its Front Office Solutions business, liquidity management, performance and risk analytics, and compliance monitoring. ADPF is a growing pool of sovereign sponsored pension assets in the Middle East. Ali Alqemzi, COO for investment at…
Hazeltree appoints Miller as CEO
Hazeltree, the U.S.-based provider of treasury and liquidity management solutions for the asset management industry, has appointed Stephanie Miller as the company’s president, chief executive officer, and board director. She will take over the CEO role from Tushar Amin, who will be stepping away from his leadership role for personal and family reasons. Miller was…
Zodia appoints CCO
Zodia Custody, the UK-based digital assets custodian, has appointed James Harris as its chief commercial officer. He joins from CCData.