The Food Securities Fund, which provides working capital loans to sustainable agriculture companies in emerging and developing markets, has appointed Citi as the fund’s central administration agent and depository. Vistra, the Singapore-based administrator, will provide AIFM ManCo services from Luxembourg. The Food Securities Fund has been developed by Clarmondial, a Switzerland-based investment firm.
Category: Alts
Apex expands relationship with Launch Africa
Apex has expanded its relationship with Launch Africa Ventures, a pan-African venture capital fund. Apex has been appointed to provide fund administration and accounting, fiduciary, investor reporting and tax compliance services to support the growth of Launch Africa’s current and future funds.
Eric Chng joins State Street in APAC
State Street has appointed Eric Chng as an SVP within its client segments group, focused on the alternatives and insurance sectors in Asia Pacific. He is based in Singapore, and joins from Citco, where he was head of business development and sales across APAC.
Apex appoints new CEO of Luxembourg fund services
Apex has appointed Frederic Bilas as CEO and member of the board of directors of Apex Fund Services in Luxembourg. The appointment is subject to regulatory approval. He joined Apex in 2020 as COO of the Luxembourg business.
Coller Capital selects Alter Domus for USD680m credit fund
Alter Domus, the Luxembourg-based alternatives administrator which has AuA of c. USD1trn, has been selected by Coller Capital to provide fund administration and depositary services for a new private credit secondaries fund. The credit portfolio is managed by Ping An Overseas Holdings, with the transaction thought to be the world’s largest for a credit portfolio,…
Citi’s Chris Perkins joins CoinFund
CoinFund, a blockchain-focused investment firm, has hired Chris Perkins from Citi as managing partner and president. At Citi, Perkins was global co-head of the futures, clearing and foreign-exchange prime brokerage businesses. At CoinFund, he will work to narrow the divide between crypto investing and traditional equities. Jake Brukhman, CoinFund’s founder and CEO, said: “Chris Perkins…
Suntera to acquire Reference in Lux
Suntera Global, an administrator based in the Isle of Man, plans to acquire Reference Financial Services SA (Luxembourg), a fund administration and corporate services firm. The acquisition is subject to regulatory approval. Founded in 2003, Reference is a provider of fund administration and corporate services to Luxembourg-based entities.
Imperium hires new head of accounting
Imperium Fund Services, a Guernsey-based administrator, has appointed Colette Taylor as head of accounting. She joins from Apex.
Vistra to support AMR Action Fund
Vistra, the Singapore-based provider of advisory and administrative services with USD370bn AuA, has been appointed as administrator for the AMR Action Fund. Vistra will support the fund across its entire structure, including the management company, the fund, its SPVs, and portfolio company investments. The AMR Action Fund is the world’s largest public-private partnership supporting the…
ZEDRA hires new head of Guernsey funds
ZEDRA, the Switzerland-based administrator, has appointed Damien Fitzgerald as head of funds for Guernsey. Prior to joining ZEDRA, he was head of funds at TMF Group in Guernsey, Zedra’s Guernsey fund team specialises in fund establishment and administration, company secretarial services and governance, as well as financial accounting and NAV production. In Q4 2020, ZEDRA’s…