Crestbridge, the C.I.-based administrator, has appointed Marta Ciemiega as business development director in the U.S. She was most recently a director of business development at Sanne Group.
Category: Alts
KB AM in Singapore selects SS&C’s front-to-back solution
KB Asset Management Singapore, the asset management arm of Korea’s KB Financial Group, has selected SS&C’s front-to-back-office solution for its operations. The solution leverages SS&C’s fund administration and middle-office services and Eze Investment Suite for order and portfolio management, compliance, and client reporting. The platform covers operations across KB Asset Management Singapore’s portfolio, including equities,…
Alter Domus strikes deal with Canoe
Alter Domus, the Luxembourg-based administrator that has USD1.3trn AuA, has struck a deal with Canoe Intelligence to offer data management solutions for alternatives managers that combine automated technology and data accuracy. Canoe specialises in redefining data management processes for alternative investments by deploying advanced data capture technology to automate manual workflows.
IQ-EQ appoints new CIO
IQ-EQ, the Luxembourg-based administrator, has appointed Rashmi Rao as group chief information officer. She previously ran her own consulting business.
Indea appoints BP2S for VCC servicing
Indea Capital Partners has appointed BNP Paribas Securities Services to provide services to its sub-fund set-up under Singapore’s Variable Capital Company (VCC) structure. Indea is a Singapore-registered fund manager focused on advising clients on alternative investments. As part of the mandate, BP2S will provide Indea with global custody, hedge fund administration, investor services and financial…
Revelstoke appoints Apex for PE fund services
Apex has been appointed to provide fund administration services to Revelstoke Capital, a private equity firm specialising in the healthcare and health and wellness sectors. Based in Denver, Colorado, Revelstoke reports USD3.8bn AuM.
American Equity migrates USD5.4bn loan portfolio to SS&C
American Equity Investment Life Holding Company plans to migrate its USD5.4bn commercial, agricultural and residential mortgage loan portfolio to Precision LM, SS&C’s loan management platform, which will automate loan servicing, operations and regulatory reporting for the Des Moines, Iowa, insurer. Precision LM will support multiple loan types for American Equity, including 800 commercial mortgages and…
Sanne appoints new head of Hong Kong
Sanne, the UK-listed alternatives provider, has appointed James Russell as head of Hong Kong. Before joining Sanne, he spent 17 years with IQ-EQ, and has been based in Asia since 2014.
Crestbridge hires new fund services AD for Lux
Crestbridge, the C.I.-based administrator, has appointed Svitlana Dobrovolska as associate director, fund services. She will be responsible for overseeing the delivery of fund services through Crestbridge’s Luxembourg office. She joins from Aztec.
BNP Paribas signs PB client referral agreement with Credit Suisse
BNP Paribas has signed a referral agreement with Credit Suisse to support its prime services and derivatives clearing clients in their selection of alternative providers after Credit Suisse announced its exit from the prime services business. This follows BNPP’s 2019 agreement to acquire Deutsche Bank’s electronic equities and prime brokerage business.