MSCI Inc., a provider of decision support tools and services for the investment sector, has entered into a definitive agreement to acquire the remaining 66pct of The Burgiss Group, LLC for USD697m in cash. Burgiss is a U.S.-based provider of data, analytics, and technology solutions for investors in private assets. Since its initial investment in…
Richard
SimCorp opens in Mexico
SimCorp, the European provider of SaaS investment management solutions, has opened an office in Mexico City. Mexico City was selected as the market offers attractive operating conditions, available talent, a growing economy, and geographic proximity to the North American market. Oscar Nasta has joined SimCorp as head of delivery center Mexico City, SimCorp has signed…
Pirum hires for FI BD role
Pirum, the UK-based securities finance fintech, has hired Jon Ford as head of fixed income business development, based In London. Previously, Ford spent eight years at RBC Capital Markets where his most recent role was head of fixed income financing sales.
ISPT switches to Sylvan
ISPT, a property fund manager based in Australia, has implemented SS&C Sylvan for performance measurement and attribution. ISPT is one of Australia’s largest unlisted property fund managers with >AUD22bn (USD14.4bn) AuM from investments in commercial, retail, industrial, education, health, social infrastructure and residential development. SS&C Sylvan, a cloud-based performance measurement and attribution solution, replaced ISPT’s…
Higgins to run GFS AsPac for NTRS
Northern Trust has named Caroline Higgins as head of Global Fund Services (GFS), Asia Pacific. Higgins will be responsible for overseeing services to global investment managers including fund administration, depositary, global custody, transfer agency, investment operations outsourcing and data solutions. Higgins, who joined Northern Trust in 2016, was most recently head of Hong Kong, Macau,…
Hamilton Lane invests in IDR
Hamilton Lane, a private markets investment management firm, has made an investment in IDR, the investor onboarding platform focused on private markets. Additionally, Hamilton Lane will deploy IDR’s platform for its investor onboarding process, including fund subscription, KYC, tax, and money laundering reporting officer services. The investment amount was not disclosed.
Blackwattle appoints Apex
Blackwattle Investment Partners, a recently launched Australian fund manager, has appointed Apex to provide fund administration, TA, middle office and custody solutions for its first four funds: ASX Small Cap Quality, Mid Cap Quality, Long-Short 130/30 Quality, and Large Cap Quality Funds. This follows Blackwattle’s appointment of Equity Trustees as responsible entity (trustee) for the…
SGSS wins EUR2bn Italian mandate
Solidarietà Veneto Fondo Pensione, which has over 140 thousand members and AuM of EUR2bn (USD2.2bn), has appointed SGSS in Italy to provide custody and bank services for the decade 2023-2033.
TMF supports EUR26bn fund launch
TMF Group, a Netherlands-based administration services provider, has supported CVC Capital Partners in its recent close of Fund IX, a EUR26bn (USD28.5bn) Jersey and Luxembourg-regulated fund. TMF will provide administrative services to the fund, including due diligence and onboarding of investors.
UI partners with Montrusco Bolton
Montrusco Bolton, a Canadian asset management firm with USD10.7bn AuM, has launched a new fund for US equities. The fund has been launched in collaboration with Germany’s Universal Investment Group. Structured as a Luxembourg SICAV vehicle, the UI I – Montrusco Bolton US Equity Fund will be available to investors in Luxembourg, Germany and Austria.…