Aztec Group, the C.I.-based fund and corporate services provider, has supported Oquendo Capital, a Madrid-based private debt specialist, with the final close of Oquendo Senior Debt Fund. Aztec will provide administration, depositary, reporting and investor services to the fund from its office in Luxembourg, in addition to servicing four other Oquendo funds.
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IQ-EQ launches global private debt & credit desk
IQ-EQ, the Luxembourg-based administrator, has launched a global private debt & credit desk to support managers and investors with increasingly complex debt strategies and offer clients a dedicated team of expertise across the full debt and credit spectrum. The new desk is complemented by a global structured finance and securitisation team that services asset-backed and…
Citi appoints David Brown to senior APAC client role
Citi has appointed David Brown as Asia Pacific head of client executive and account management for custody and fund services. Based in Hong Kong, he reports to Irimga McKay, global head of client executives and account management for custody and fund services, and David Russell, Asia Pacific head of securities services and Hong Kong head…
CACEIS to service Theoreim’s new RE funds
CACEIS has been selected as provider for Theoreim’s first two real estate funds. Theoreim is an independent asset management company specialising in real estate investments and received authorisation from the French Autorité des Marchés Financiers in September 2020. CACEIS, now provides depositary banking services for both funds, in addition to fund accounting and transfer agency…
HSBC promotes Tony McDonnell to head alts investments
HSBC Securities Services has appointed Tony McDonnell as global head of alternative investments. For the last seven years, McDonnell has been the country head for securities services in Ireland and, since 2019, has had the additional responsibility of establishing private assets as a product across securities services. He will now focus solely on development of…
Citi to service OFC ETFs for Mirae
Mirae Asset Global Investments (HK) Limited has appointed Citi as OFC custodian and provide fund administration and ETF services for the launch of two OFC ETFs: an inaugural active ETF – Global X China Innovator Active ETF – and a passive ETF – Global X China Global Leaders ETF. Both invest in equities of companies…
BlueOrchard moves JAWEF to EFA
EFA, the Luxembourg-based administrator, has been appointed by BlueOrchard Finance Ltd, an impact investment manager, to take over the administration of the Japan ASEAN Women Empowerment Fund (JAWEF). The migration of the fund has been completed. BlueOrchard’s JAWEF was launched in 2016 as the first fund of its kind investing through financial institutions in female…
State Street opens Fund Connect ETF platform to all issuers
State Street has opened up its Fund Connect ETF platform to support all ETF issuers, regardless of their service provider. The platform was previously only available to issuers serviced by State Street. The Fund Connect platform links APs and issuers. Fund Connect ETF is a global online trading portal for the creation and redemption of…
Mainstream partners with Finomial for client onboarding
Finomial, a compliant client lifecycle management platform, is partnering with Mainstream Fund Services, a provider of full-service fund administration and part of Australia-based Mainstream Group. The partnership leverages technology to streamline the investor onboarding processes and enhance investor data security.
Derek Tsoi joins Intertrust in Hong Kong
Intertrust has appointed Derek Tsoi as commercial director, based in Hong Kong. He will be responsible for business development and client relationship management for fund services in the region. He was previously with Maples Fund Services.