Amundi US (formerly Amundi Pioneer), the U.S. business of one of the world’s ten largest asset managers, is launching a series of separately managed account (SMA) investment strategies that will provide individual clients with access to more customised investing solutions. The firm will use the technology and infrastructure platform of Archer, a provider of middle…
Richard
North Reef Capital Management appoints SS&C for front-to-back solution
North Reef Capital Management, a U.S.-based start-up long/short equity fund manager, has selected SS&C‘s front-to-back office solution to run its operations. North Reef will deploy Eze technology and SS&C’s fund administration services.
David Sarfas joins Intertrust as head of private capital
Intertrust, the Netherlands-based provider of corporate and fund services, has hired David Sarfas as head of private capital, based in New York. He joined from Cannon Hill Partners, and has also worked for MUFG Investor Services and Citco.
Northern Trust wins MO mandate for FSI in Australia
Northern Trust has been appointed by First Sentier Investors (previously First State Investments), an Australia-based global asset manager with >AUD200bn (USD156bn) AuM, to provide middle office outsourcing services. FSI was acquired in 2019 by Mitsubishi UFJ from Commonwealth Bank.
BNY Mellon hires two seniors for asset servicing
BNY Mellon had added two senior executives to its global asset servicing business. Neal Chansky has joined as global head of consultant relations. He will report directly to Christine Gill, head of commercial development for asset servicing. He joins from Olmstead Associates, an investment management consulting firm. Prior to this, Chansky spent over thirty years…
IQ-EQ acquires Constellation
IQ-EQ, the Luxembourg-based administrator, has completed the acquisition of Constellation Advisers LLC, a U.S.-based co-sourced and outsourced investment management services provider, following receipt of all necessary regulatory approvals. Constellation Advisers, which has 115 employees across six U.S. offices, provides customised solutions to a range of traditional and alternative investment management firms, including private equity, real…
Sudrania acquires Triple Leo Consulting to boost digital presence
Sudrania Fund Services, a U.S.-based administrator, has acquired the primary assets of Triple Leo Consulting, a U.S.-based fund administrator that specialises in crypto and digital assets fund administration. Terms of the deal were not disclosed. TLC founder Mike Quinn joins Sudrania in an advisory role and TLC’s entire staff has joined Sudrania’s team. This acquisition…
4Pines hires Celeste Barone as president & chief client officer
4Pines Fund Services, the U.S.-based start-up private equity administrator, has hired Celeste Barone as president and chief client officer. She joins from Commonfund, where she was CFO.
Prescient to host Equitile’s Irish UCITS fund
The UK’s Equitile Investments has launched its first Irish-domiciled global equity fund. The UCITS fund will be hosted on the Prescient Global Funds ICAV platform and had USD77m AuM at launch.
Finish What You Started – why 2021 could be even better than 2020
First, the boring bit – some facts. 2020 was a record year: most reported mandates, M&A transactions, and people moves since I began recording them in 1999. The WFH culture certainly didn’t stop inserv providers from building their businesses, nor their clients from launching new products. Of the 180 reported mandates, 39 were related to…