FundRock, the Apex-owned, Luxembourg-based ManCo and AIFM provider, has been appointed by Royal London Asset Management Funds plc and RLAM Funds ICAV to provide ManCo services for their Irish fund range and distribution support within the European Union. The funds’ combined assets under management are over EUR17bn (USD18bn). RLAM manages GBP164bn (USD211bn).
Richard
Fenergo acquires AML specialist
Fenergo, the Ireland-based client onboarding specialist, has acquired Sentinels, the Amsterdam-based AML transaction monitoring provider. As part of the acquisition, the 70 staff currently employed by Sentinels will become part of Fenergo.
Sheedy joins Feedzai
Cormac Sheedy, who recently left Fenergo, has joined Feedzai as regional head for ME&A. Feedzai, a U.S.-based fintech, safeguards global commerce with a cloud-based risk management platform, It is a Series D company and has raised USD282m to date, with a current valuation of >USD1.5bn.
BCAM appoints Standard as custodian
Following the appointment of Apex as administrator, Blockchain.com has named Standard Custody & Trust Company, a PolySign company, as custodian for its new institutional platform, Blockchain.com Asset Management (BCAM). BCAM will deliver a suite of institutional investment products, combining the crypto trading infrastructure, research and security software services of Blockchain.com with Altis Partners’ investment management…
BP2S appoints China co-head
BNP Paribas has appointed Stanley Song as co-head of BNP Paribas Securities Services in China. Based in Shanghai, he reports to CG Lai, CEO of BNP Paribas China Limited, and Franck Dubois, head of Asia Pacific for BNP Paribas Securities Services. He joins Philippe Kerdoncuff, who has been leading BP2S in China since 2016, in…
EFA to administer new RAIF
EFA, the Luxembourg-based administrator, has been appointed as administrator for the Freedom Luxembourg Alternative Strategies RAIF, providing fund accounting as well as registrar & transfer agency services. The new venture capital fund has been launched by Freedom Asset Management Ltd, a Guernsey-based asset manager providing services to private clients and family offices. The fund’s first…
CACEIS & CA arrange bridge financing for Antin
CACEIS and Crédit Agricole CIB are supporting Antin Infrastructure Partners, the independent private equity firm focused on infrastructure investment, with the structuring of equity bridge financing for its first NextGen infrastructure fund. CACEIS has acted as the fund’s depositary, and Crédit Agricole CIB acted as arrangers and lenders of the EUR180m (USD195m) facility.
Apex to support new funds for BCAM
Apex Group has been appointed to provide fund services to Blockchain.com Asset Management (BCAM), a new crypto asset management platform powered by Blockchain.com with investments managed by Altis Partners, a C.I.-based manager. BCAM’s C.I.-domiciled funds will offer regulated crypto investment products for institutional investors, family offices and high net worth individuals. The platform is launched…
Ultimus reports strong demand for interval & tender funds
Ultimus Fund Solutions has supported the launch of interval and tender funds for three new clients: Fairway Capital Management, Lind Capital Partners, and an undisclosed registered investment advisor (RIA). For Lind Capital Partners, Ultimus helped launched an interval fund, for which it converted two limited partnerships into the fund. Ultimus assisted Lind by merging private…
Intertrust appoints new sales head for Germany
Marie-Christine Bücker has joined Intertrust as head of sales for Germany. She was previously at Vistra.