LemonEdge, a UK-based fintech, has been selected by Sycamore Partners to provide its low-code API. LemonEdge software will help Sycamore to offer more flexibility, real-time investor reporting, and operational efficiencies.
Richard
Axiom deploys Accelex
Accelex, the UK-based data acquisition, analytics and reporting solution for private markets investors and asset servicers, has been appointed by Axiom Asia Private Capital to provide its SaaS solution in support of its private equity investment data extraction activities. Axiom Asia currently manages nine private equity funds, with total commitments of over USD7bn.
Bitwise selects SS&C
Bitwise Asset Management, a crypto index fund manager with AuM of USD1.3bn, has selected SS&C’s Eze Investment Suite to support its trading operations. Eze Investment Suite will support trading, portfolio management, compliance and operations.
Manaos gets new CEO
BNP Paribas has appointed Franck Delbes as CEO of Manaos, the investment services platform connecting institutional clients to ESG data and analytics providers. The platform helps investors collect fund inventories from their asset managers for full look-through analysis of their portfolios. It also provides clients with access to ESG data and analytics providers to help…
UI completes takeover of EFA
Universal Investment Group, the Germany-based administrator, has completed the acquisition of Luxembourg-based financial services provider European Fund Administration S.A. (EFA). The agreement has recently been approved by CSSF, the Luxembourg financial regulator. EFA will act as the group’s international investor services platform. EFA and Universal Investment Luxembourg will continue as separate entities and will be…
GenTwo appoints EDB
European Depositary Bank, the Apex-owned provider of banking, paying agency, depositary and custody solutions, has been appointed to provide paying agent and banking services for third party investors to GenTwo. Zurich-based GenTwo creates securitisation platforms for asset managers, banks, family offices and venture capital investors, enabling professional investors to invest in bankable and previously non-bankable…
Ontra acquires Captain
Ontra, a provider of contract automation and intelligence solutions for asset managers, will acquire the material assets of Captain, a technology provider in the alternative funds space. The move will allow Ontra to bolster its legal operating system for private markets, providing asset managers with a more streamlined and efficient experience for private markets transactions.…
ABN AMRO Investment Solutions outsources to BNP Paribas
ABN AMRO Investment Solutions has appointed BNP Paribas’ securities services business to provide a range of dealing and middle office outsourcing services. These services will be connected with ABN AMRO Investment Solutions via BlackRock Aladdin, the platform selected by ABN AMRO Investment Solutions to unify its investment management processes. BNP Paribas has a long-standing relationship…
Another defection from BBH
Sid Patel has left BBH to join J.P. Morgan as an executive director, based in Boston. He spent nearly 12 years at BBH in Boston and London, most recently as a sales & relationship manager.
ZEDRA gets green light for Atlas takeover
ZEDRA, the Switzerland-based administrator, has received regulatory approval from the Central Bank of Curaçao and Sint Maarten for its acquisition of Curaçao and U.S.-based Atlas Fund Services, a privately held alternative investment fund administrator.