Passthrough, the fintech focused on the alts sector, is to be acquired by iCapital, the fintech platform for alternative investments.
Category: Alts
Gen II upgrades waterfall solutions
Gen II has appointed Beverly Shealy as head of waterfall solutions. She was previously at J.P. Morgan. Gen II has signed a long-term licensing agreement with S7 Fund Ops, a provider of automated waterfall solutions for private capital funds.
Langham Hall appoints head of Lux
Langham Hall, the UK-based administrator, has appointed Elijah Kanevskiy as head of Luxembourg, He joins from Revantage Europe, a Blackstone Group portfolio company, where he was CFO.
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.
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.
Langham Hall supports RE fund launch
Langham Hall, the UK-based administrator, has supported Northtree Investment Management Ltd on the launch of its second fund, Northtree Real Estate Partners II. The fund will focus on UK commercial real estate assets. Langham Hall will provide fund accounting and administration services from its London and Jersey, C.I. offices.
BNPP hires HF head
Peter Herrlin has joined the securities services business of BNP Paribas as global head of hedge fund services. Based in London, he reports to Patrick Hayes, global head of alternatives investors, securities services, and locally to Julien Kasparian, regional head for the UK and Middle East, securities services. He joins from Northern Trust.
CRD expands PA support
Charles River Development, a State Street company, plans to expand its support of private market assets within the unified managed accounts capabilities. The offer aims to provide a streamlined and integrated solution with advanced portfolio management capabilities across public and private assets within a single portfolio. The expanded solution is intended to address the administrative…
Altum hires for UK RE team
Altum Group, a C.I.-based-provider of fund, corporate and family office solutions, has appointed Matt Philpott to the firm’s real estate team in the UK. He will support the delivery of administration and relationship management, overseeing complex portfolio transitions, ensuring consistent communication with directors, and providing oversight on structuring, governance and onboarding processes.
Ultimus adds four seniors
Ultimus has hired four senior managers. In the public markets solutions sector, Matt Geldhof joins from Citi, and Edward Lund comes in as an SVP, having worked at Gemini Fund Services and NorthStar. In the private markets sector, Gilbert Maddock joins from MUFG, and William Thoma comes in from Northern Trust.