Alter Domus, the Luxembourg-based solutions provider for the alternative investment industry, has appointed Tim Houghton as chief operating officer and a member of the group executive board. Previously, he was Alter Domus’ head of core products and group operations. Houghton joined in 2018 following the acquisition of Cortland Capital Market Services, of which he was…
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SIX takes stake in Custodigit
The Swiss Stock Exchange has made an investment in Custodigit, the joint venture created by Swisscom and Sygnum in 2018. With this agreement, SIX Digital Exchange, Swisscom, and Sygnum Bank will enable Swiss banks to offer access to digital assets for their customers through an institutional digital asset gateway. The gateway will support the complete…
Vuna Partners appoints Prescient as administrator for PE fund
Vuna Partners (Pty) Ltd, a mid-market private equity firm based in South Africa, has selected Prescient Fund Services as fund administrator for the Vuna Partners Fund I. Vuna Partners has been seeded by Thuso Incubation Partners, a black-majority-owned private equity incubator. Earlier this year Thuso appointed Prescient to administer its fund of private equity funds.
Stephanie Miller steps down as CEO of Intertrust
Stephanie Miller is stepping down as CEO and as a member of the management board and the executive committee at Intertrust, the Netherlands-based provider of corporate and fund solutions. The supervisory board has nominated Shankar Iyer as CEO. Miller spent three years at Intertrust, setting a new strategic direction and growth plan, including a vision…
Sanne to acquire PEA in Denmark
Sanne, the UK-listed provider of alternative asset and corporate business services, has agreed to acquire Private Equity Administrators, a Denmark-headquartered private equity fund administrator. PEA specialises in providing fund administration and depositary services to alternative fund structures. The business also has operations in Sweden and Guernsey, with over 55 employees and >EUR27bn AuA. This is…
Crestbridge hires Raul Ramos to head Jersey PE fund accounting
Crestbridge, the C.I.-based administrator, has appointed Raul Ramos as associate director and head of private equity fund accounting – Jersey. He joins from Intertrust, where he led the accounting service team and various large-scale projects in the Jersey office, as well as acting as director to Jersey companies and unregulated funds.
Greg Knapp rejoins Opus Fund Services
Greg Knapp has rejoined Opus Fund Services, a U.S.-based fund administrator, as VP, business development. He was previously with Opus from 2009-2015 and, after living in San Francisco for over 20 years, has recently relocated to Austin. He joins from Theorem Fund Services.
Nottingham files to convert mutual fund family to ETFs
The Nottingham Company, a U.S.-based fund administrator and private label issuer to the mutual fund and ETF industry, has filed with the SEC for the conversion of an existing family of mutual funds to ETFs. Nottingham administers >USD31bn AuA.
State Street hires Christian Bongiovanni as EMEA insurance segment head
State Street has appointed Christian Bongiovanni as the regional segment head for insurance in EMEA. Based in Milan, Bongiovanni is responsible for advancing the end-to-end service proposition for the firm’s insurance clients. He reports to Akhil Jain, global head of insurance, and Jörg Ambrosius, head of EMEA. Bongiovanni joins from The Boston Consulting Group, where…
Kelly Ramsey Gooch joins Ultimus LeverPoint from SS&C GlobeOp
Ultimus Fund Solutions has appointed Kelly Ramsey Gooch as client relationship officer for Ultimus LeverPoint, the firm’s private fund administration services group. She joins from SS&C GlobeOp. Ultimus bought LeverPoint in 2019.