Arcesium, the fintech that is backed by J.P. Morgan, has been selected by First Eagle Alternative Credit, an alternative credit investment manager with USD21bn AuM, to provide its reconciliation solution. Arcesium’s capabilities are designed to enable FEAC to optimise its reconciliation procedures, bolster its operational efficiencies, and achieve further economies of scale.
Richard
TMF hires global head of cap markets
TMF Group, the Netherlands-based provider of compliance and administrative services, has appointed Cliff Pearce as global head of capital markets. Pearce joins from Intertrust, where he was global head of capital markets services. He reports to Daniel Max, head of global solutions.
Northern Trust launches A-Suite forum
Northern Trust has launched A-Suite, a forum for asset owners and allocators featuring the latest insights, research, and networking opportunities, A-Suite is an online community and content hub designed for asset owners to collaborate on the issues that matter most to them. In addition to providing access to custom content and proprietary research, A-Suite aims…
Saphyre adds to board
Saphyre, the pre- and post-trade fintech platform, has appointed FinTech AI CEO, Wolfgang Koester, to its board of directors. Koester was the former chief evangelist & global head of financial institutions at Kyriba and, prior to that, CEO and co-founder of FiREapps.
ONE THING LEADS TO ANOTHER
Marking the passing of the architect of the State Street we know today. 1975 was an important year. The Vietnam War ended. Microsoft was founded. Margaret Thatcher became leader of the UK’s Conservative Party. And Queen released “Bohemian Rhapsody”. But, for our industry, 1975 was important for a different reason. That year, the board of…
Partners Capital expands Apex mandate
FundRock Management Company, a European third-party ManCo and AIFM owned by Apex, has been appointed by Partners Capital to provide ManCo services to its flagship fund. FundRock previously supported the fund’s re-domiciliation to Luxembourg. Partners Capital is an outsourced investment office managing >USD51bn of assets and acting for endowments and foundations, investment professionals and families.…
Vistra hires C.I. MD
Vistra, the Asia-based fund and corporate services provider, has appointed Jonathan Ferrara as managing director for the Channel Islands. He will have full responsibility for the leadership and strategic development of Vistra’s C.I. offices, which provide real estate and private equity services as well as wealth management solutions. Ferrara has held senior roles at Bank…
IQ-EQ partners with Novata for ESG solution
IQ-EQ, the Luxembourg-based administrator, has formed an alliance with Novata, a technology platform providing private markets participants with an ESG data solution. The alliance aims to help portfolio companies report the highest quality data to investors and ultimately drive positive sustainable change. Through this platform, asset managers, investors and portfolio companies can identify the ESG…
BNY Mellon appoints head of international ops
BNY Mellon has expanded the brief of Francis Braeckevelt as head of international operations, adding LatAm to his existing responsibility for EMEA and APAC. He reports to Richard Gordon, the recently appointed global head of operations. Braeckevelt, who is based in Singapore, will be replaced as Singapore chief executive by Winnie Chen, who takes on…
Hazeltree appoints CTO
Hazeltree, the U.S.-based provider of treasury and liquidity management solutions for the alternative asset management industry, has appointed Richard Winter as chief technology officer. He joins from Finastra (formerly MISYS), where he was head of technology global services. Prior to Finastra, he spent more than 14 years at Capgemini Financial Services UK. Winter will report…