Apex has appointed Jay Cipriano as chief strategy officer, a newly created role. He will report to Apex CEO, Peter Hughes. He joins from SEI, where he spent 28 years.
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Arcesium acquires OMS provider
Arcesium has acquired Limina, a Stockholm-based portfolio and order management systems provider. The entire Limina team will join Arcesium. Limina CEO, Kristoffer Fürst will join Arcesium, reporting to Bryan Dougherty, president, product and technology.
Sheller joins Juniper Square
Jason Sheller has joined Juniper Square as global head of go-to-market fund administration. Sheller spent seven years at CBRE, and is based in New York.
Permira invests in Carne
Carne Group, Europe’s largest independent third-party ManCo and a provider of fund regulation and governance solutions, has agreed with funds advised by Permira, the investment firm, for the acquisition of a significant minority stake in Carne Group based on an enterprise valuation of EUR1.4bn (USD1.7bn). As part of the transaction, Vitruvian Partners will exit its…
Apex appoints LATAM head
Apex has appointed Mauricio Catâneo as regional head, Latin America. He was most recently Brazil country head at TMF Group.
Jupiter consolidates with BNY
BNY has signed a multi-year agreement with Jupiter Fund Management, a UK-based active asset manager, to provide operational services. Jupiter has consolidated back-office services for its offshore jurisdictions with BNY as well as outsourcing its middle office operations. BNY will now provide custody, fund administration, transfer agency and depositary services, as well as middle office,…
BBH partners with SimCorp
BBH has struck an alliance with SimCorp, the Deutsche Börse-owned fintech, to address the needs of global asset managers requiring an integrated, end-to-end technology, data, and services solution. The solution uses BBH Infomediary to integrate SimCorp One’s front and middle office capabilities, including a real-time IBOR provided by SimCorp’s managed business services, with BBH’s fund…
NTRS appoints Canada country head
Northern Trust has appointed Katie Pries as country executive for Northern Trust’s asset servicing business in Canada, based in Toronto. Pries previously served as president and CEO of Northern Trust Canada from 2020 to 2025. She succeeds Jeff Alexander, who has left Northern Trust to pursue other opportunities.
Lunate partners with Euroclear
Lunate, the Abu Dhabi based manager, has launched two Ireland-domiciled ETFs on Euroclear’s funds platform. Both ETFs are listed on Xetra and ADX.
Gen II hires private credit team
Gen II Fund Services, an independent private capital fund administrator with >USD1trn AuA, has hired Leslie DeRoss and her specialist team to lead and expand the firm’s private credit offering. DeRoss joins Gen II from U.S. Bank.