Apex has agreed to acquire IP Fund Managers Guernsey Ltd (IPFMG), a Guernsey-based ManCo.The acquisition of IPFMG will add USD200m AuA, across eight funds and six fund managers. Apex’s existing ManCo services, delivered under the FundRock brands, cover >1,200 funds with a total of EUR234bn (USD250bn) AuM across 12 countries, including Guernsey, Luxembourg and Ireland.…
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Waldron joins BNY Mellon
BNY Mellon has hired one of the superstars of the global investor services business. Christine Waldron is joining as head of fund services, having worked for nearly 25 years at U.S. Bank, most recently as chief product officer for the wealth and investment services business lines. She replaces Alan Flanagan, who has been appointed head…
Apex opens in Denver
Apex has opened an office in Denver, Colorado. The office will be led by James Wheatley, global head of operations – private equity & direct lending, and Jason Sauve, director of fund administration services. Apex currently has multiple client service delivery teams located in Denver, with plans to double headcount through the creation of new…
Fundrella appoints COO
Fundrella AB, the Sweden-based fintech, has appointed Struan Malcolm as chief operating officer. Malcolm was most recently head of Nordic sales for Northern Trust’s asset servicing business. Fundrella is a matchmaker in asset management, allowing professional investors to discover funds that align with their ESG criteria.
Northern Trust appoints HK head of asset servicing
Northern Trust has appointed Aisling Keane as head of asset servicing, Hong Kong. In this newly created role, Keane will lead Northern Trust’s asset servicing business in Hong Kong, Macau and Taiwan, responsible for overseeing the overall strategic direction for the asset servicing business and providing solutions to clients. Keane was most recently head of…
Ocorian (finally) appoints CEO
Ocorian, the C.I.-based administrator, has appointed Chantal Free as CEO. She joins from Capita, where she was CEO of the portfolio division, The CEO position has been vacant since Farah Ballands stepped down after only a year in the job in 2021. Ocorian’s chairman, Frederik van Tuyll, took over her responsibilities.
Pirum hires CRO from Kneip
Pirum, the UK-based fintech focused on the securities finance business, has appointed Jacob Koopmans as chief revenue officer. He will be taking on sales responsibilities from Karl Wyborn, who will be taking some time out of the business. Koopmans was previously chief commercial officer at Kneip.
Suntera signs Guernsey ops director
Suntera Global, the C.I.-based administrator, has appointed Sharon McMillan as operations director in Guernsey. She, was previously director of operations at IQ-EQ.
Fenergo signs Arendt
Arendt Services, the Luxembourg-based administrator, has signed a deal with Fenergo, the Ireland-based provider of CLM and KYC/AML services. Arendt Services will leverage Fenergo’s Saas CLM solution for client onboarding and maintenance.
SimCorp hires CMO
SimCorp has appointed Gretchen Garrigues as chief marketing officer. Based in New York, she will be responsible for marketing, branding and communication. Prior to joining SimCorp, Garrigues was founder and global CMO of the Global Growth Marketing Group, a consulting firm.