Socium Fund Services, the U.S.-based administrator which is owned by C.I.-based Suntera Global, has appointed Jason Meklinsky as chief revenue and strategy officer. He will oversee the business development, client services and product development teams in the U.S. and Cayman offices. Most recently, Meklinsky served as head of business development, hedge funds, private equity, real…

EFA, the Luxembourg-based administrator owned by Universal Investment, has hired Pia Kumlin as head of the Nordic region, based in Stockholm. She will lead the existing team with the objective of strengthening client relationships, further developing not only Sweden but the broader Nordic market. Prior to joining EFA, Kumlin was chief product owner at Swedbank.…

Universal Investment, the Germany-based administrator that claims to have EUR950bn AuA (USD1trn), has supported the launch of the Pella Global Securities Sustainable Fund in Europe as part of the UI I umbrella fund. Pella Funds Management is an Australian asset manager. In addition of acting as fund service platform, Universal Investment will provide Pella with…

CACEIS has agreed with Heavenize, a fintech specialising in front-office software, to offer OSMOZE, a decision-making dashboard for all asset classes, to management companies and institutional investor clients. Available via the Connect Store, CACEIS’ subscription hub for fintech partners’ services, the OSMOZE platform provides portfolio managers with asset management and investment simulation tools to fine-tune…

SEBA Bank, the Swiss-based crypto bank, has appointed Amy Yu as CEO of its APAC division. Yu will initially be located in Singapore. SEBA Bank recently opened a Hong Kong office. She previously worked at Genesis as APAC head of sales. Prior to her move into the digital assets space, Yu supported the development of…

Crestbridge, the C.I.-based alternatives administrator, has appointed Anthony Yabut as director of tax in the U.S. He is responsible for leading the development of tax services for U.S. clients, including tax compliance, planning services and consulting on fund formations. He will be based in the New Jersey office, which Crestbridge opened in 2020. Yabut was…

In an effort to close the gap with other offshore centres, the States of Jersey (Channel Islands) has passed legislation for a new LLC structure that aims to improve connectivity between the jurisdiction and U.S. alternative fund managers, providing enhanced options for U.S. managers looking to structure European-focused funds. The new LLC structure, which comes…

Germany-based fintech SideCaps has launched a block trade platform for listed SME secondary-line stocks. The platform is designed to create a liquidity pool for German SME block trades. Vertically integrated with XETRA and Eurex CCP, SideCaps provides counterparty risk management and settlement discipline. CACEIS will settle and clear cash equity transactions for all trades executed…