Allvue Systems, an alternative investment technology solutions provider, has won two mandates: Symetra Investment Management Company has selected Allvue’s CLO solution to launch its inaugural collateralised loan obligation (CLO) offering. SIM, a registered investment advisor with approximately USD79bn AuM, closed Symetra CLO 2025-1, Ltd., a USD408m CLO transaction, earlier this year. Meanwhile, Luxembourg-based White Oak…
Category: Alts
Clearstream and Azimut collaborate
Clearstream, Deutsche Börse Group’s post-trade services provider, and Azimut, an independent group specialising in asset management across public and private markets and wealth management, have partnered to develop a new digital solution for private market funds. The collaboration addresses key challenges in the private market space, focusing on enhancing transparency, improving operational efficiency, and offering…
ATLAS selects FIS for loan servicing
ATLAS SP Partners, an investment firm providing structured credit and asset-backed finance solutions, has chosen FIS’ commercial loan servicing solution to help drive and streamline its investment workflows. The solution offers enhanced data-driven decision-making and investment efficiencies, helping provide ATLAS’ borrowers and investors with more accurate and timely reporting.
Langham Hall supports PE fund launch
Langham Hall has supported Terminus Capital Partners on the close of its debut private equity fund, Terminus Capital Partners I, which closed at its hard cap of USD250m. Langham Hall provided comprehensive fund administration and structuring support.
Tully joins Aztec
Aztec, the C.I.-based administrator, has appointed Andrew Tully as director – private credit, based in Jersey. He joins from CVC Credit, where he most recently served as head of portfolio management – direct lending. Prior to that, he led origination and structured finance teams at Santander and held senior acquisition finance roles across Lloyds Banking…
First Manhattan expands with Ultimus
Ultimus has expanded its relationship with First Manhattan, a privately held investment advisory firm with >USD34bn AuM. Ultimus now supports First Manhattan’s private fund structures and ETFs, following the manager’s transition of five private fund structures from a previous service provider.
BBH wins SRI fund mandate
BBH has been selected by New Alternatives Fund to provide custody services. The U.S.-based manager is a socially responsible mutual fund focused on renewable energy and the environment.
Alter Domus appoints new CEO
Alter Domus, the Luxembourg-based provider of fund services for the private equity, real assets and private debt sectors, has appointed Charlotte Hogg as CEO. She was previously CEO of Visa Europe and is a former deputy governor and COO of the Bank of England. She succeeds Doug Hart, who has served as CEO since 2019,…
Passthrough & Aladdin integrate
Passthrough, a fintech focused on fund workflow automation, and Aladdin, BlackRock’s technology business, have formed a partnership that integrates Passthrough’s digital subscription technology within the eFront platform to offer a unified investor experience. The collaboration enables common clients – from general partners to asset servicers – to digitise their investor onboarding process and deliver scalable…
Suntera to acquire Khepri
Suntera Global, the C.I.-headquartered provider of fund, corporate and private wealth services, has agreed to acquire Khepri Limited, the UK-based fund administration and corporate services provider, The deal is subject to regulatory approval and is expected to close in the second half of the year. Khepri has a team of more than 35 and services…