Crestbridge, a UK-based administrator, has transferred Michael Newton, head of institutional client operations, to Luxembourg to support the growth of the fund services team. His role has been extended so that he is also responsible for growing the fund services offering from Luxembourg. Newton will continue to oversee client-facing activities within the group’s fund, real…
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Saltgate promotes Lizette Morales to head of Jersey client services
Saltgate, a C.I.-based administrator with >USD100bn AuA, is has promoted Lizette Morales to head of Jersey client services. She joined Saltgate in 2013.
Archer hires Christopher Parris to join client experience team
Archer, a U.S.-based service provider to the asset management industry, has appointed Christopher Parris as part of the client experience team. He joins from Penn Capital, where he most recently supported the firm’s institutional client and consultant relationship management practices.
SANNE makes bus dev appointments in Japan, Luxembourg
SANNE, the UK-listed provider of alternative asset and corporate services, has made two business development appointments. Sakuya Tajima joins as head of business development – Japan. He was previously with State Street in Japan. Jens Grüneklee is appointed as director, business development in its Luxembourg office. He joined SANNE in 2018.
Crestbridge supports launch of EUR125m GP Bullhound Fund V
Crestbridge, a UK-based administrator, has supported the EUR125m closing of GP Bullhound’s newest fund aimed at investing in growth-stage software businesses. The firm’s team in Luxembourg provided fund and management company services to support the close of GP Bullhound Fund V.
Aztec adds two managers to Jersey PE team
Aztec Group has added two managers to its private equity team in Jersey. Paul Watson has been appointed as a director, while Alexandra Prince has assumed the role of associate director. Watson, previously a principal consultant with Marbral Advisory, a Channel Islands-based change management consultancy, will be responsible for the provision and ongoing development of…
State Street realigns Management Committee
State Street has made some significant changes to its Management Committee, the company’s most senior strategy and policy-setting team. Francisco Aristeguieta will establish a new global unit, Institutional Services, which will include the global clients division, segments, sales and client coverage, client program office, and marketing. Reporting to Aristeguieta will be Donna Milrod, head of…
HSS to deploy Wall Street Office for private loans admin
HSBC has chosen the IHS Markit Wall Street Office (WSO) platform to provide private loan administration services for clients of its securities services business. IHS Markit will perform the loan administration and reconciliation process, which will integrate into HSBC’s fund accounting platform. The service will provide clients with real-time access to loan portfolio reporting. Private…
HK’s Hex Trust hires Colin Brooks as an advisor
Hex Trust, a Hong Kong-based digital assets custody platform provider, has hired Colin Brooks as an advisor. Brooks worked at HSBC for most of his career, mainly in Asia, latterly as global head of sub-custody and clearing. He also spent five years at Standard Chartered before retiring earlier this year.
Northern Trust wins three European insurance mandates
Northern Trust has won three new mandates from European insurers. Hannover Re, the German reinsurer, appointed Northern Trust to provide collateral management and global custody services for its longevity risk transfer business. AND-E, a European subsidiary of the Japanese insurance group MS&AD, appointed Northern Trust to provide global custody and related asset servicing solutions for…