Passthrough, the fintech focused on the alts sector, is to be acquired by iCapital, the fintech platform for alternative investments.
Richard
Saphyre hires new COO
Saphyre has hired Damian Handzy as COO. Prior to joining Saphyre, he was managing director of analytics at Confluence Technologies, where he led the performance, risk and reporting businesses. He replaces Ray Shivers, who joined in 2022 from BlackRock. He will take on a new role as chief partnership officer, focused on expanding and strengthening…
Gen II upgrades waterfall solutions
Gen II has appointed Beverly Shealy as head of waterfall solutions. She was previously at J.P. Morgan. Gen II has signed a long-term licensing agreement with S7 Fund Ops, a provider of automated waterfall solutions for private capital funds.
Langham Hall appoints head of Lux
Langham Hall, the UK-based administrator, has appointed Elijah Kanevskiy as head of Luxembourg, He joins from Revantage Europe, a Blackstone Group portfolio company, where he was CFO.
U.S. Bank hires from BNY
Sophia Long has joined U.S. Bank as senior product manager in Europe for its global fund services business, based in Dublin. She was previously at BNY.
Pielow returns to Taskize
Taskize, the investment operations collaboration platform owned by Euroclear, has hired Ben Pielow as senior sales executive. Most recently, he was director of strategic accounts at Genesis Global, a software application development business backed by Bank of America, BNY and Citi.
Apex opens in Jakarta
Apex has opened an office in Jakarta, Indonesia,
Jigsaw Puzzle Blues
Only one custodian has truly cracked the asset owners sector. Others are way behind and will probably never catch up. Let’s face it: the asset owners sector is not exactly that exciting. Yes, many Canadian and Australian pension funds are innovative and operate more like fund of funds managers. But, in general, people coming into…
Allspring expands with SS&C
Allspring Global Investments has expanded its transfer agency relationship with SS&C. Under the extended agreement, SS&C will provide investor servicing to Allspring’s institutional liquidity business, which manages USD228bn across five money market funds. SS&C will also manage regulatory compliance with Blue Sky state securities laws and support distribution across Allspring’s institutional liquidity portfolio.
Apex appoints chief strategy officer
Apex has appointed Jay Cipriano as chief strategy officer, a newly created role. He will report to Apex CEO, Peter Hughes. He joins from SEI, where he spent 28 years.