Coller Capital, an investor in the secondary market for private assets, has selected Equity Trustees to be the responsible entity (trustee) of its new fund, the Coller Private Equity Secondaries Fund. The fund is an Australian managed investment scheme available to both qualified retail and wholesale investors.
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Waystone appoints ME chief
Waystone, the European provider of specialist services to the global asset management industry, has appointed Nigel Pasea as country head for the Middle East. He joined Waystone in 2021 as part of the acquisition of CCL Compliance, and has been leading the company’s compliance solutions business in the UAE. Waystone currently employs 45 people in…
NT promotes Pickett
Northern Trust has appointed Melanie Pickett as head of asset servicing, Americas, leading its business serving institutional, corporate and asset manager clients in the region. Pickett, who has been head of asset owners Americas since 2022, will continue to oversee product and service delivery to asset owner clients, including pensions, foundations, endowments, insurance companies and…
RBS hires depositary chief
Michael Mekhaeel has joined RBS International as head of depositary services, based in Luxembourg. He was previously at Gen II after spending 17 years at BBH.
Frontier launches on SEI platform
Frontier Asset Management, a U.S.-based firm, has selected SEI’s Advisors’ Inner Circle Fund series trust as its operational platform to launch six new active ETFs.
NTRS hires from HSBC
Northern Trust has hired Alistair Bentivoglio as global head of enterprise change management, based in the UK. He was previously at HSBC.
CA to buy out Santander stake in CACEIS
Crédit Agricole S.A. and Santander have entered into an agreement for the acquisition by Crédit Agricole of Santander’s 30.5pct stake in CACEIS. Following the proposed transaction, Crédit Agricole will control 100% of the share capital of CACEIS. Completion of the transaction is subject to customary closing conditions, including regulatory approvals, and is expected to take…
Allvue acquires PFA
Allvue Systems, LLC, a fintech provider of alternative investment solutions, has acquired PFA Solutions LLC, a provider of compensation and carried interest software solutions for firms across private equity, private debt and venture capital.
Citi launches CSLA in Asia
Citi has struck an innovative deal with Maybank Securities in Singapore, enabling Maybank Securities to facilitate the lending of retail clients’ global equity holdings using Citi’s platform, Citi Securities Lending Access. Maybank Securities will leverage its position in Singapore and its large ASEAN client base to utilise the CSLA platform. Launched in 2021, CSLA combines…
Ocorian acquires in U.S.
Ocorian, the C.I.-based provider of fund and corporate administration services, has acquired EdgePoint Fund Services, a U.S.-based fund administrator providing fund administration services to U.S. fund managers across private markets.