Category: Alts

TMF Group, the Netherlands-based provider of compliance and administration services to the alternatives sector, has appointed Paul Adamiak as commercial director for fund services. He will focus on scaling up TMF Group’s service offering to Australian and offshore asset managers and institutions investing in Australian real assets. Prior to returning to TMF Group, he was…

FundRock, the Luxembourg-based provider of third-party UCITS ManCo, AIFM and ACD services, has reached EUR100bn AUM, and now serves over 450 funds. FundRock, which recently completed its acquisition by Apex Group, has over 150 employees across five locations in Luxembourg, the UK, Ireland and Singapore.

In what is believed to be an industry first, HSBC has moved Corda Enterprise, the blockchain platform developed by R3, on to Google Cloud. The move aims to cut client onboarding times from months to weeks, improving the client experience and significantly reducing costs. Moving the Corda technology to Google Cloud gives the bank the…

AssetMetrix, the German fintech in which BNP Paribas has a stake, has been appointed by ARAG, the German insurance group, for the expansion of digital back and middle office processes for its alternative investments portfolio. ARAG will use AssetMetrix’s portal-based platform to analyse its investment decisions based on tools for performance, risk management, benchmarking and…

Peregrine Capital (Pty) Ltd, a South Africa based hedge fund manager, has launched the Peregrine Capital Global Equity Fund. The fund, which is hosted on the Prescient Global Funds ICAV platform and is authorised by the Central Bank of Ireland, will initially be distributed to investors in South Africa, and subsequently to investors in key…