IQ-EQ has supported a major Irish residential investment platform, acting as alternative investment fund manager (AIFM) to the fund underpinning the transaction. The partners in the fund – APG, a Dutch pensions group, and Kennedy Wilson, the Irish property investment group – intend to invest a reported EUR2bn (USD2.3bn) in residential properties in Ireland through…
Richard
SS&C to launch digital cash settlement
SS&C plans to enable digital cash settlement for tokenised investment transactions using regulated forms of digital cash, including stablecoins and tokenised commercial bank deposits. The plan builds on the launch of SS&C’s live tokenised fund issuance and distribution capabilities earlier this year following the acquisition of Calastone in 2025. SS&C already enables asset managers to…
Invesco expands with NTRS
Northern Trust has been appointed by Invesco to provide administration, custody and depositary services for its new Ireland-domiciled index tracking mutual fund range, Invesco Markets V ICAV. The new fund range is designed to make Invesco’s swap-based (synthetic) approach to index replication available to mutual fund investors in Europe via investment platforms and other institutional…
Euroclear to acquire Uptevia
Euroclear has entered into exclusive negotiations to acquire Uptevia, a France-based corporate trust services provider. Uptevia is currently jointly owned by BNP Paribas and CACEIS. Through Uptevia, Euroclear will add specialist issuer capabilities and reinforce its position in the French market, complementing its existing market infrastructure and post-trade services across key European markets, including Belgium,…
Bunch to buy LFS
Bunch, a German fintech providing an AI-native fund operations platform for private markets, has launched a strategic partnership that will see the company join Luxembourg Fund Services (LFS) founder Massimo Longoni and CFE Finance Group as owners and sole shareholders in LFS. Under the terms of the agreement, Bunch will acquire an ownership stake in…
CACEIS opens Nordic hub
CACEIS has opened a full-service branch in Stockholm. Th new branch is headed by Henrik Reinfeldt, country managing director, and offers a full-capability office that will act as a dedicated hub for the Nordics. The office shares premises with sister companies Amundi and Crédit Agricole CIB.
Pat Hayes retires
Patrick (Pat) Hayes has retired from BNP Paribas, after a 10-year stint that included head of the UK for the securities services business and, most recently, global head of alternative investors, running the alternatives administration business. Hayes has been based in Dublin since joining State Street in 2007. All my very best wishes to Pat…
Myburgh leaves Citi
Gareth Myburgh has left Citi after more than nine years. He was most recently head of platform solutions – Citi Velocity ETF, leading the design and delivery of Citi’s turnkey ETF issuance solution. The future of that platform was placed in doubt after Citi announced earlier this year its intention to “retire” the service after…
Wally Barys takes new role at U.S. Bank
Walter (Wally) Barys has been appointed head of custody for asset managers at U.S. Bank. Barys, who joined in 2017 from Northern Trust, successfully transformed U.S. Bank’s agent bank network to move away from the BNY white label model. He will report to Alan Flanagan, global head of investment services.
Alter Domus appoints onboarding chief
Alter Domus, the Luxembourg-based private markets specialist, has appointed Suresh Gopal as head of global onboarding. Based in Singapore, he joins from HSBC, and reports to Babloo Sarin, global head of client delivery & APAC.