Arcesium, the U.S.-based financial technology and professional services firm, has launched PerformA, a performance allocations product designed to simplify the investor accounting process and reduce the risks, costs, and manual errors associated with spreadsheet-based fund accounting. PerformA is tailored for different client types, including hedge funds, fund administrators, and private equity firms.
Category: Alts
Hurricane selects SS&C’s front-to-back solution
Hurricane Capital Advisors, a start-up alternative investment management platform, has launched its operations with SS&C‘s front-to-back solution. SS&C will provide fund administration, middle-office solutions, FIX connectivity, hosting and order and execution management systems.
CSC acquires PEF
CSC, a U.S.-based provider of business, legal, tax, and digital brand services, has acquired PEF Services LLC, a U.S.-based provider of fund administration services to private capital firms and their investors, including private equity, private debt, venture capital and U.S.-based small business investment companies (SBICs). Anne Anquillare, CEO and president of PEF, joins CSC as…
Intertrust appoints Jon Barratt as Cayman MD
Intertrust has appointed Jon Barratt as MD of its Cayman business. He was previously MD of its Singapore operation.
Ocorian hires Mike Hughes as global head of service lines
Ocorian, the C.I.-based administrator, has appointed Mike Hughes as global head of service lines. In his new role, Hughes has ultimate responsibility for all client segments and will also join Ocorian’s ExCo. He was previously global head of J.P. Morgan’s global custody product.
Vistra hires Steven van Tuijl to head continental Europe
Vistra, the Singapore-based corporate and fund administrator, has appointed Steven van Tuijl as regional managing director, Continental Europe. Steven also joins Vistra’s ExCo. He has full responsibility for the leadership and development of Vistra businesses in Continental Europe, which include 1500 employees across 15 markets. He joins Vistra after 10 years at ADP, the payroll…
Alter Domus hires Angela Summonte to head new asset owners business
Alter Domus, the Luxembourg-based provider of fund and corporate services, has appointed Angela Maria Summonte as global head of asset owners. Based in Germany, she will lead the development of the newly launched asset owners business line. Summonte was previously with BNP Paribas.
Peru to service new EUR1bn PE fund for Latour
Peru & Partners, an IQ-EQ subsidiary specialising in the French private equity market, has extended its mandate with Latour Capital, a longstanding client, after the private equity firm achieved EUR1bn in its latest fundraising. Peru will provide CFO advisory, accounting and AIFM valuation services, to include SPVs, for Latour Capital III.
Aztec opens U.S. office
Aztec, the C.I.-based alternatives administrator, has opened a U.S. office in Philadelphia, its first outside Europe. The office will specialise in fund and corporate accounting and administration services for the private equity, venture capital, infrastructure, real estate and private debt sectors. The office is headed by Mike Wood, who has been based in Aztec’s Jersey…
Centaur hires Peter O’Hara for PE business development
Centaur Fund Services, the Ireland-based provider of fund administration and fiduciary services, has appointed Peter O’Hara to a business development role for private equity in Europe. Based in London, he joins from Waystone.