Apex has been appointed by Participant Capital Advisors, LLC, a U.S.-based real estate investment firm, to provide fund and financial services. Participant is the affiliated asset management arm of Royal Palm Companies, which has developed more than 50 large-scale, mixed-use projects over 40 years. Apex will provide fund administration services to Participant Capital’s Luxembourg domiciled…
Richard
Accelerate adds NFTs to Tetra mandate
Accelerate Financial Technologies Inc., a Canadian alternative investment solution provider, has acquired five non-fungible tokens for its Accelerate NFT Fund. The fund’s NFTs and cryptocurrency are held in custody with Tetra Trust Company, Canada’s first qualified custodian for cryptocurrency and digital assets. Tetra Trust is currently partnering with Ledger Enterprise to deliver a secure information…
Harvest appoints State Street for CNY hedging
State Street has been appointed by China’s Harvest Fund Management Co Ltd. to provide onshore CNY FX hedging services for their Qualified Domestic Institutional Investor (QDII) investment funds. State Street has a long-term partnership with Harvest, having provided the firm with a range of investment services since 2010. State Street provides onshore CNY FX liquidity…
Northern Trust hires from BNY Mellon
Northern Trust has hired Barbara Doherty as a client executive in the asset servicing business, based in the U.S. She joins from BNY Mellon.
METACO appoints chief sales officer
Craig Perrin has been appointed as chief sales officer at METACO, the Switzerland-based digital asset services provider. He joined METACO in 2021 from Standard Chartered Bank.
TWILIGHT ZONE
All shall have prizes. Some deserve them more than others. If you haven’t won an award this year, you’re doing something wrong. We are at peak award season, when it seems that just about everybody with a pulse is posing with a lump of Lucite at yet another gala dinner – whatever that is –…
Taskize hires head of sales
Taskize, the Euroclear-owned provider of inter-company workflow solutions to the financial services industry, has hired Alan Samuel as head of sales, based in London. Samuel was most recently chief sales officer of LSE listed low-latency cloud provider Beek’s Group. Prior to this, he was an account director at Equinix.
Opus hires BD director
Opus Fund Services, a U.S.-based fund administrator, has appointed Robert Ansell as director, business development. Ansell joins Opus from Birdsong Capital Management.
Northern Trust and EDS launch ESG workflow solution
Northern Trust and Equity Data Science, in which the bank has a stake, have launched an ESG workflow solution that will allow investors to access and share ESG information. The data aggregation tool leverages data science to increase transparency while enhancing efficiency and collaboration amongst investment teams.
Northern Trust hires AsPac innovation head
Northern Trust has hired Alvin Chia as head of digital assets innovation for Asia Pacific. Based in Singapore, Chia is responsible for delivering innovations aligned to Northern Trust’s digital asset strategy to clients across the Asia-Pacific region. Chia reports to Justin Chapman, global head of digital assets and financial markets. Chia was most recently the…