Titanbay, the Luxembourg-based private markets investment platform, has appointed Apex to provide an ESG rating on all new funds added to the Titanbay platform. Under the agreement, a consolidated ESG report will be made available to investors alongside other fund due diligence materials to provide investors with assurances that selected funds meet the highest sustainability…
Category: Alts
Equity Trustees to be RE for new TCP fund
Tanarra Credit Partners, a private credit investment firm based in Australia, has selected Equity Trustees to be the responsible entity of its new fund, the TCP Private Debt Income Fund. TCP has >AUD750m (USD517m) AuM and is a part of Tanarra Group, a specialist alternative investment group with AUD3bn (USD2.1bn) AuM.
BNY Mellon appoints new Lux head
BNY Mellon has appointed Brenda Bol as branch manager in Luxembourg and head of the investment managers segment in EMEA for the asset servicing & digital business. She joins from Brown Brothers Harriman in Luxembourg. The position at BNY Mellon has been open since David Claus left to join EDB earlier this year.
Hazeltree secures USD14m funding
Hazeltree, the U.S.-based provider of treasury and liquidity management technology for the alternative asset and investment management industries, has secured a USD14m strategic investment. The investment round was led by FINTOP Capital, a venture capital firm focused on fintech B2B SaaS companies, and joined by Hamilton Lane, a leading private markets investment management firm. Rick…
IQ-EQ hires head of Guernsey fund ops
IQ-EQ, the Luxembourg-based investor services provider, has appointed Gareth Smith as head of fund operations in Guernsey. Smith was most recently at Ocorian, leading its operations team. Prior to this, he was the head of Channel Islands for Apex Fund Services and head of private equity for Europe.
U.S. Bank simplifies alts data reporting
U.S. Bank has launched a suite of lifecycle data metrics, with faster reporting of private equity, hedge fund and other alternative fund data. This capability, designed for custody clients, is made possible by new automated data extraction technology. This new process of pulling essential data from private markets is made possible in part by U.S.…
Gen II automates PE sub process
Gen II Fund Services, a U.S.-based independent private capital fund administrator with USD900bn AuA, has launched E-Subdocs, a digital offering that automates the private fund subscription process, significantly improving the investor experience and providing PE managers with real-time information on their fundraising. E-Subdocs, which is powered by Anduin, streamlines fund subscriptions from start to finish.…
SEI appoints 27-year veteran to new role
SEI has appointed Sandy Ewing to lead the company’s family office and regulatory services business lines, A 27-year SEI veteran, Ewing will continue to report to CEO Ryan Hicke. SEI Family Office Services delivers technology and outsourced services, including the Archway Platform, that support the accounting, investment management, and reporting functions of family offices, private…
IQ-EQ hires from Kneip
Polina Sakalian has joined IQ-EQ in Luxembourg as a client director in the private equity business. She was previously at Kneip, which was acquired by Deutsche Börse earlier this year.
Petra opens in Boston
Petra Funds Group, an independent provider of private assets fund administration solutions with USD55bn AuA, has opened an office in Boston. This follows its appointment by Denham Capital, a Boston-based private equity firm with over >USD12bn of invested and committed capital. The Boston office brings on board an experienced team of middle, back-office, and regulatory…