Apex has partnered with, AlphaCentrix to enable the delivery of data management solutions to its clients. Under this partnership, Apex will integrate two AlphaCentrix apps into its client offering: AlphaFuse and AlphaSpring, which provide a flexible workflow orchestration designer, as well as user-friendly client facing dashboards and analytics. U.S.-based AlphaCentrix provides data management solutions to…
Category: Alts
Sanne reports record new business wins
Days before its takeover by Apex is scheduled to be considered by the Royal Court of Jersey, Sanne, the UK-listed provider of alternative asset and corporate services, has reported a record level of new business wins for H1 2022. The annualised value of new business wins in the period was up 24.8pct on the same…
Apex to support EQONEX Lux platform
Apex has been appointed to provide corporate, administrative and trustee services to the Luxembourg platform of EQONEX Limited, the NASDAQ-listed digital assets financial services company. Apex will provide SPV administration and trustee services for the platform. EQONEX provides institutional grade infrastructure and a suite of trading, custody and asset management solutions to clients. EQONEX’s ecosystem…
Aztec supports Advent’s 10th PE fund
Aztec Group, the C.I.-based administrator, has supported Advent International with the fundraising activities and final close of its 10th global private equity fund, Advent International GPE X. Raising USD25bn in commitments after less than six months in the market, it marks Advent’s largest-ever fundraise and brings the firm’s AuM to over USD100bn. Aztec Group supported…
Crestbridge hires new Lux country head
Crestbridge, the C.I.-based administrator, has appointed Anne Catherine Grave as country head for Luxembourg. Prior to joining Crestbridge, Grave was the partner in charge of corporate secretarial services at Deloitte in Luxembourg. She has over 20 years’ experience in the private equity and real estate sectors.
Petra opens in London
Petra Funds Group, a U.S.-based independent private funds administrator with >USD40bn AuA, has opened a London office, which will be led by former Riverstone European general counsel and head of ESG, Charlie Chipchase. He will focus on expanding Petra’s European footprint. Petra has also hired Louis Sweeney as its director of compliance. Prior to joining…
Crestbridge supports UK venture debt fund launch
Crestbridge, the C.I.-based administrator, has provided administration services through its UK operation to support the recent first close of Shard Credit Partners‘ inaugural technology-focused venture debt fund. The Venture Debt Fund I secured GBP16.5m (USD19.7m) in commitments from UK and European institutional investors, alongside UK technology industry entrepreneurs, and will make investments in senior secured…
CACEIS creates Digital Assets Factory
Following its decision to develop its digital asset servicing business with Taurus, CACEIS has created a Digital Assets Factory, which brings together all business lines – custody, investment management services, 3D (digital, data, dissemination), and support functions, product development, compliance, legal and public affairs. A first MVP (minimum viable product) for custody is currently being…
AdvancedAIS adds new Titan user
Advanced Alternative Investment Systems, a Canada-based platform provider for hedge funds, fund administrators, private equity and other investment firms, has signed Borderless Capital as a client using its Titan platform. Borderless Capital is a blockchain VC firm.
BP2S selects Fireblocks & METACO to develop digital asset custody capabilities
BNP Paribas Securities Services has selected two fintechs – Fireblocks and METACO – to develop its digital asset custody offering and help clients issue, transfer and safekeep regulated digital assets. BP2S has selected Fireblocks as its hot wallet, tokenisation, and connectivity infrastructure layer. As a first step, BP2S will use Fireblocks’ solution in its ongoing…