State Street has made senior management changes. Lou Maiuri, currently COO, has been appointed as president and head of Investment Services and Eric Aboaf, CFO, to vice chairman. Maiuri and Aboaf will both continue to report to Ron O’Hanley, chairman and chief executive officer. Maiuri now has end-to-end responsibility for all facets of State Street’s…
Richard
Aizawa AM extends relationship with Apex
Apex Group has extended its longstanding relationship with Aizawa Asset Management (AAM) to provide services to its new Cayman fund, Ariake Secondary Fund III LP. Apex will provide fund administration and regulatory services to ASF-III, having serviced AAM’s Ariake Secondary Fund I LP and Ariake Secondary Fund II LP since 2015. AAM, a Japanese alternative…
Northern Trust appoints KSA country head
Northern Trust has appointed Kholoud Al Dosari as country head for Northern Trust in Saudi Arabia. Based in Riyadh, Al Dosari oversees the strategic development, business growth and operations of Northern Trust’s asset servicing business in the country. Prior to joining Northern Trust, Al Dosari had served as non-executive independent board member for Northern Trust…
Citco hires two senior managers
Michael Gallo has joined Citco as an EVP on the hedge fund relationship management team, based in the U.S. He previously spent 13 years at BNY Mellon. Separately, Ainun Ayub has joined Citco as global product head for real assets, based in the UK. She was previously at BBH, where she was responsible for product…
Centralis appoints new BD head
Centralis, the Luxembourg-based administrator, has hired Bruno Stockemer as head of business development. He was previously at KPMG.
BNPP’s Manaos platform adds new client
Fondo di Previdenza Mario Negri, the Italian pension fund, has selected BNP Paribas Securities Services’ Manaos platform for its ESG data and analytics needs. Fondo di Previdenza Mario Negri is the pension fund for managers of commercial shipping and transport companies in Italy, with EUR3.9bn (USD4.1bn) AuM. The fund will be using the Manaos platform…
HSBC hires ETF specialist
HSBC has hired Rob Rushe as global product head for ETF servicing, based in Dublin. Rushe joins from CACEIS, where he spent less than a year. He has previously worked at BNY Mellon, State Street and Northern Trust.
Sanne appoints U.S. PE director
Sanne, the UK-listed provider of alternative asset and corporate services has appointed Jamie Heo as director, private equity in the U.S. Based in Dallas, Heo joins from MUFG Capital Analytics LLC where she was an associate director.
BNY Mellon hires global head of alts bus dev
Páraic Cosgrave has joined BNY Mellon as global head of alternatives business development within the asset servicing group. He is based in Dublin. Cosgrave was previously global head of sales for Abbey Capital Ltd, a Dublin-based manager specialising in managed futures. He also worked at BNP Paribas Securities Services as global head of sales &…
Bain Capital Crypto partners with Sudrania
Bain Capital Crypto has adopted Sudrania’s vertically integrated back-office platform, powered by its Seamless Crypto software. With over 140 API connections across the digital assets ecosystem, Sudrania claims that Seamless Crypto is one of the world’s most advanced general ledger accounting systems, offering automated waterfall calculations, P&L allocations, automated fees/expense accruals, timely NAV calculation, enhanced…