Fenergo, the Europe-based provider of AI-powered client lifecycle management solutions for financial institutions, has appointed Lekshmi Nair as its new chief revenue officer. Based in London, Lekshmi joins Fenergo’s executive leadership team and will lead the company’s “global go-to-market organisation, driving revenue growth, strengthening customer relationships and scaling Fenergo’s commercial operations as the company enters…
Richard
Apex expands in NZ
Apex has entered into an agreement to onboard Mercer New Zealand’s fund administration operations. The agreement is expected to be completed in the fourth quarter of 2026. Apex has an established fund administration, custody, transfer agency and wealth administration business in New Zealand, with >200 employees providing outsourced administration services across KiwiSaver, superannuation and investment…
Alchelyst links to Allfunds
Alchelyst, the Ireland-based investor solutions and infrastructure provider for private markets asset managers, has established a partnership with Allfunds Blockchain, the world’s largest B2B fund distribution platform, to help private markets asset managers process investor transactions more efficiently, reducing errors and administrative friction. The partnership introduces Alchelyst×Allfunds Blockchain API, an API-driven, permissioned blockchain integration that…
Summit selects FINBOURNE
Summit Group, a C.I.-based provider of fiduciary, fund and advisory services, has selected FINBOURNE Technology as its strategic fund administration platform. The appointment forms part of Summit’s growth and investment strategy, building on its 2025 acquisition of R&H Jersey and the expansion of its presence and service capabilities. Summit has offices in Jersey, Guernsey, Switzerland,…
Global X selects Citi in Australia
Global X has selected Citi as the new custodian and fund administrator for its Australian ETF business. Global X ETFs was founded in 2008 and has >USD165bn AuM. Global X is a member of Mirae Asset Financial Group with >USD800bn AuM.
NTRS supports inaugural TirNua fund
Northern Trust has been appointed by TirNua Capital Partners to provide fund administration, depositary and banking services for the firm’s inaugural infrastructure fund. The fund has secured EUR340m (USD390m) in commitments at first close. The Ireland-domiciled fund is structured as a closed-end Investment Limited Partnership (ILP). Headquartered in Dublin, TirNua is a private markets investment…
Carne appoints president
Carne Group, Europe’s largest third-party ManCo, has appointed John Parkhouse as president, strengthening its leadership as the firm accelerates execution of its long-term, client-led growth strategy. He joins Carne from PwC, where he spent over three decades advising global asset managers and investment fund groups. As president, Parkhouse will lead the global executive committee and…
Northern Trust to support Frontier ICIO
Frontier Advisors, an Australia-based advisor covering AUD900bn (USD631bn) of assets across the superannuation, charity, public sector, insurance and higher education sector, is preparing to launch its ICIO (independent chief investment officer) service to the Australian market. Frontier has appointed Northern Trust to provide asset servicing for ICIO clients. Northern Trust will provide global custody and…
IQ-EQ adds to senior management team
IQ-EQ has appointed Michael Slater as managing director, Middle East, and Frédéric Ullens as managing director, Luxembourg. Based in Dubai, Slater joins after leaving Northern Trust, where he was most recently in charge of strategic relationships with EMEA financial institutions. He earned an excellent reputation for his work in the Middle East for the bank.…
BNPP wins EUR8bn Italian mandate
BNP Paribas has been awarded a mandate by BCC Risparmio & Previdenza S.G.R.p.A., the asset management company of the Iccrea Cooperative Banking Group, to provide services covering EUR8bn (USD9.3bn) of assets, including the Aureo open-ended pension fund and Italian-domiciled UCITS funds. Under this mandate, BNP Paribas will provide BCC Risparmio & Previdenza with services including…