Citi has appointed Mike Hughes as global head of custody product development. He will be responsible for the custody strategy across all Citi’s proprietary markets and global models. He joins from Ocorian, a C.I.-based independent administrator. Prior to that, he was at J.P. Morgan. Based in London, he will report to Matthew Bax, global head…
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Citi hires Lux/NL chief
Citi has hired Eduardo Gramuglia Pallavicino as head of Luxembourg & the Netherlands. Gramuglia, who has been working as a strategic advisor and non-executive director, was previously head of Luxembourg for State Street and has also worked at BBH. He replaces Larissa Sototskaya, who has moved to a new role as global head of TA…
Vistra hires industry veteran for UK PERE role
Vistra, the Asia-based administrator, has hired David Page as UK business development director for private equity and real estate. He was most recently in the alternatives business development team at BNY Mellon.
Confluence appoints new board director
Confluence Technologies, the U.S.-based software provider focused on the investment management industry, has appointed Joan Binstock to its board of directors. Confluence is backed by Clearlake Capital Group and TA Associates. She currently serves as independent director and audit chair at KKR Real Estate Select Trust Inc., as well as a board member at both…
BNY Mellon and FRT expand agreement
BNY Mellon has expanded its 2021 agreement with Financial Recovery Technologies (FRT), a global securities class actions recovery provider, to cover North American class action filing and recovery service, including broader access to comprehensive non-U.S. alerts for global markets. Headquartered in the U.S., FRT has more than 2,500 institutional clients worldwide who deploy FRT’s class…
LemonEdge partners with it|venture
LemonEdge, the private equity fund accounting and administration software, has struck a partnership with it|venture, a UK-based provider of technology services to the private capital markets sector. The partnership will offer private equity firms and fund administrators a single, end-to-end, automated data platform. it|venture’s Connect platform specialises in streamlining the process of implementing integrations between…
IDR hires head of channel partnerships
IDR, the U.S.-based private markets onboarding hub, has hired Karina Fochtman as head of channel partnerships, based in Chicago. Her last industry role was at Allvue before taking a sabbatical.
Ultimus supports interval fund launch
Ultimus Fund Solutions, a U.S.-based independent administrator, has supported Flat Rock Global with the launch of its third interval fund, the Flat Rock Enhanced Income Fund. Flat Rock anticipates the fund will invest primarily in the junior debt tranches of collateralised loan obligations. Flat Rock is a U.S.-based alternative credit manager with >USD600m invested across…
Dale Grieve joins J.P. Morgan
Dale Grieve has joined J.P. Morgan as head of long term savings & wealth, UK and Ireland platform sales. He previously spent nearly 18 years at HSBC, most recently as head of UK sales & business development for the securities services business.
Altum hires corporate development chief
Altum Group, a UK-based provider of fund, corporate, and family office solutions has appointed Michael Riley as head of corporate development. He was previously at Sanne.