Alter Domus has appointed George Hindmarsh as head of APAC, based in Hong Kong. He joins after a brief spell at Clearwater Analytics, and has also worked at Citi, Northern Trust and HSBC.
Category: Alts
Formidium acquires in Lux
Formidium, a small U.S.-based fund administrator, has acquired Ci Fund Services S.A., a Luxembourg-based provider of private label fund solutions. The transaction was completed following approval by the CSSF. Formidium has USD38bn AuA.
Dowling re-joins NTRS
Kieran Dowling has re-joined Northern Trust as head of strategic clients, private markets, for EMEA, based in Luxembourg. He reports to Olivier Noel, head of private markets, EMEA, and country head, Luxembourg. Dowling was briefly at Fundbank after a 20-year career at Northern Trust.
Alter Domus supports Cinven fund launch
Alter Domus has supported Cinven on the final closing of their Strategic Fund 2, which raised c. EUR2.3bn (USD2.6bn). Alter Domus served as Cinven’s operational partner throughout, providing services across fund accounting and administration, investor reporting, transfer agency and structuring support.
Langham Hall supports Ryse
Langham Hall has supported Ryse on the launch of its independent sponsor platform. Ryse invests on a deal-by-deal basis in established companies aligned with Europe’s structural growth themes. Langham Hall is providing administration services for each of the deal-by-deal structures from its Luxembourg office.
State Street launches onchain liquidity fund
NAV Fund Services has been selected as fund administrator for the State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP), a tokenised private liquidity fund launched in May by State Street Investment Management and Galaxy. SWEEP includes Anchorage as digital custodian for stablecoin investments, Galaxy providing tokenisation technology and digital infrastructure, Chainlink providing onchain NAV publication…
BNY expands digital asset coverage
BNY has expanded its digital asset custody platform for select institutions in the European Union under the MiCA framework. The expansion follows the addition of The Bank of New York Mellon SA/NV, BNY’s European banking entity, to ESMA’s MiCA register in July 2026.
CACEIS and Rothschild expand relationship
CACEIS and Edmond de Rothschild have expanded their relationship in Luxembourg. Under the new agreement, CACEIS will acquire the entirety of Edmond de Rothschild’s third-party asset servicing business in Luxembourg and asset servicing activities for Edmond de Rothschild’s private equity and infrastructure funds. Since 2013, CACEIS has been provided a range of accounting, custody and…
KKR to acquire Gen II
KKR has agreed to acquire Gen II Fund Services, LLC, a U.S.-based private capital fund administrator, for a total enterprise value of USD5.1bn. KKR is acquiring Gen II from Hg, General Atlantic and other minority investors through its core private equity strategy. The current leadership team. headed by CEO Steven Millner, will continue to run…
Langham Hall supports new Northcote fund
Langham Hall, the UK-based administrator, has supported Northcote Equity in the final close of its second fund, Northcote Fund II LP, at its hard cap of GBP250m (USD331m). Langham Hall has supported Northcote Equity since launch and continues to provide fund administration and accounting services from its Guernsey office, together with appointed representative services from…