Zodia Custody (Ireland) Limited has been added to the Central Bank of Ireland’s Virtual Asset Service Provider Register, and is now authorised to provide commercial services to clients in Ireland. Zodia Custody, an institutional cryptoasset servicing company headquartered in London, established its Irish subsidiary in August 2021. Zodia Custody is a wholly owned subsidiary of…
Category: Alts
Accelex and Lionpoint form alliance
Lionpoint and Accelex have formed a strategic partnership to bring end-to-end operational efficiency to the private markets industry. Lionpoint, a U.S.-based consultancy, partners with technology solution providers focused on private markets. Its core services include strategic advisory, operating model optimisation, technology roadmap and solution selection, and systems integration across the front, middle, and back office.…
IQ-EQ hires Diana Senanayake for senior European role
IQ-EQ, the Luxembourg-based investor services provider, has appointed Diana Senanayake to the dual role of managing director of its Luxembourg headquarters and regional CEO for Continental Europe. In her new position, she will lead the day-to-day running and strategic direction of IQ-EQ’s head office in Luxembourg; as well as taking responsibility for all activities across…
FundRock wins new ManCo mandate
FundRock Management Company, a Luxembourg-based third-party UCITS ManCo and AIFM which is owned by Apex, has been appointed by natural resources investor Goehring & Rozencwajg to provide ManCo and distribution services. FundRock will provide Goehring & Rozencwajg with ManCo services via its Irish UCITS platform, together with active distribution throughout the EU and Switzerland, delivered…
Ocorian hires heads of transformation and infrastructure
Ocorian, the C.I.-based provider of fund administration, capital markets, corporate and fiduciary services, has appointed Alice Miller as head of transformation. Based in London, Miller will be responsible for leading a global transformation programme designed to deliver increased business value for Ocorian and its investors, reporting to COO Carole Murphy. She was previously at Capgemini…
Crestbridge appoints new RE head
Crestbridge, the C.I.-based administrator, has promoted Brian Jemwa to head up its real estate funds division. He joined the firm in Jersey in 2015. Crestbridge works with 90pct of the top ten private equity real estate fund managers globally and services USD80bn of real estate assets.
Zodia Markets granted FCA registration
Zodia Markets, a UK-based cryptoasset exchange and brokerage for institutional clients backed by Standard Chartered, has received cryptoasset registration from the UK Financial Conduct Authority (FCA) and has officially launched its institutional crypto exchange and brokerage business. Zodia Markets’ registration marks the first time a crypto trading business backed by a leading international bank has…
Aztec supports USD300m food fund
Aztec Group, the C.I.-based administrator, has supported UK-based Synthesis Capital LLP with the fundraising activities and final close of its first fund, Synthesis Capital Fund I. Aztec supported the establishment and investor onboarding of the fund and will continue to provide ongoing administration and accounting services from its Guernsey office. Raising over USD300m, the fund…
State Street wins AUD1bn PE mandate
State Street has been appointed by Australia-based Mercury Capital as fund administrator for the Mercury Capital Fund twenty2. The AUD1bn (USD690m) fund completed its fund raising and closed on June 30 to launch what is Mercury Capital’s fourth private equity fund since its inception. Mercury Capital Fund twenty2 will focus on mid-market private equity transactions…
LGT CP expands relationship with Accelex
Accelex, a UK-based SaaS platform for alternative investment data management, has expanded its collaboration with LGT Capital Partners to support the processing of a new document category: fund financial statements. Accelex will provide support to LGT CP to automatically extract financial and non-financial metrics from these documents, supporting a range of additional investment use cases…