Aquilius Investment Partners, a Singapore-based investment manager focused on the secondaries market in Asia Pacific, has appointed SS&C GlobeOp as a fund administrator.
Richard
PE firms load up on admin
25APR25: Two private equity investments: GTCR and Stone Point Capital, both private equity firms, have signed a definitive agreement for Stone Point to join GTCR as an investor in Ultimus Fund Solutions, a U.S.-based provider of fund administration services and solutions. In conjunction with funds managed by Stone Point, GTCR Fund XIV will reinvest in…
U.S. Bank creates investment services division
U.S. Bank has merged its global fund services and global corporate trust teams into a single investment services division led by Jay Martin. Martin has led global fund services since joining the bank in 2023.
NTRS appoints new global head of asset servicing sales
Northern Trust has named Douglas Gee as global head of sales for asset servicing, effective 1 July. He replaces Jon Dunham, who is retiring. Gee will report to Teresa Parker, Northern Trust asset servicing president, Gee, who joined Northern Trust in 2008, currently manages the EMEA and APAC business development teams. He will remain based…
Canso deploys SimCorp One
Canso Investment Counsel, a Canadian portfolio manager, is implementing the SimCorp One investment management platform. Canso will use the platform to enhance its operational efficiencies by streamlining its portfolio management operation. SimCorp One will enable Canso to manage its assets within a single system.
Alter Domus adds to client partnership team
Alter Domus, the Luxembourg-based provider of fund services for the private equity, real assets and private debt sectors, has expanded its key client partnerships team, appointing Kenny King as head of key client partnerships, North America, and Jane Karczewski as head of key client partnerships, EMEA. King joins from BNY, where he was global head…
Vesper selects CACEIS
Vesper Infrastructure Partners, an infrastructure investor, has appointed CACEIS to provide depositary services for its maiden fund, Vesper Next Generation Infrastructure Fund I SCSp. Vesper is still fundraising, with assets of around EUR600m (USD682m), a target fund size of EUR800m and hard cap of EUR1bn.
IQ-EQ to acquire down under
IQ-EQ, the Luxembourg-based administrator, has signed an agreement to acquire the AMAL Group, a provider of corporate trust, agency services and loan Servicing solutions, with operations in Australia and New Zealand. The transaction is subject to regulatory approval from the Foreign Investment Review Board (FIRB) in Australia. AMAL Group has in excess of AUD37bn (USD24bn)…
Apollo to distribute through FundsPlace
Euroclear and Apollo are collaborating to expand the distribution of Apollo’s alternative solutions via Euroclear’s FundsPlace, making private markets more accessible to a wider range of investors. FundsPlace offers an end-to-end fund distribution solution, featuring trading and custody capabilities, and settlement through a market-neutral platform.
JTC supports VC fund launch
JTC has provided ongoing support as fund administrator, depositary and hosted AIFM partner to Osney Capital, a specialist early-stage investor focused on the cybersecurity sector. JTC is supporting Osney’s debut venture capital fund, which is oversubscribed from its original target of GBP50m (USD64m).