Hex Trust, a Hong Kong-based digital asset custodian, has entered into a strategic partnership with PARSIQ, a blockchain monitoring and event tracking service provider. The deal enables PARSIQ to use Hex Trust’s proprietary safekeeping solution, Hex Safe, for custody of PARSIQ’s treasury. In addition, clients will be able to store their PRQ assets in Hex…
Category: Alts
Mainstream board approves SS&C’s takeover terms
The board of directors of Mainstream Group Holdings Limited, the Australia-based administrator with >AUD224bn (USD175bn) AuA, has unanimously recommended an acquisition by SS&C of 100pct of the shares and outstanding equity rights in Mainstream for A$2.00 per security pursuant to a scheme of arrangement (in the absence of a superior offer and subject to an…
CIBC Mellon wins three new crypto ETF mandates
CIBC Mellon has continued its impressive run of mandate wins in the burgeoning crypto- currency ETF space in Canada. It has been appointed to provide fund administration and ETF settlement services for three new ETFs: the CI Galaxy Ethereum ETF, Evolve’s Ether ETF, and Purpose Investment’s Purpose Ether ETF.
Apex beefs up digital banking team
Apex Group, the Bermuda-based financial services provider, has appointed Alistair Stuart to the newly created position of head of digital banking. Stuart was formerly COO at Investec Bank Plc. Apex delivers its banking services, including the digital banking platform, through its subsidiary, European Depositary Bank. In his new role, Stuart will lead enhancements to the…
Sanne hires Natalie Breen as global head of strategic growth
Sanne, the UK-listed provider of alternative asset and corporate services, has appointed Natalie Breen as global head of strategic growth. She joins Sanne in London from PwC, where she held the role of global and UK real estate legal leader.
Aztec adds two managers to Luxembourg real assets team
Aztec Group has strengthened its real assets team in Luxembourg with the appointment of Michele Basilico and Walter Varvara as associate directors. Previously a director and conducting officer for Fuchs Asset Management, Basilico will lead several client relationship teams and have overall responsibility for a portfolio of real estate and infrastructure clients. Varvara, who joins…
Gate Capital appoints Equity Trustees as UCITS ManCo
Gate Capital has selected Equity Trustees to provide UCITS ManCo services for its latest product, The Written Fund. The fund was launched on Equity Trustees’ Irish domiciled UCITS Gateway platform and is now open to investors. Equity Trustees is an Australia-based provider of trustee and fund governance services with funds under administration and management of…
Infra Impact chooses Prescient for debut infrastructure fund
Infra Impact Investment Managers Proprietary Limited, a South African infrastructure investment firm, has selected Prescient Fund Services Proprietary Limited as the fund administrator for its first infrastructure fund, the Infra Impact Mid-Market Infrastructure Fund 1.
Stephanie Miller joins Lukka as COO
Lukka, a provider of institutional crypto asset software and data services, has appointed Stephanie Miller as COO. In her most recent role, Miller spent three years as CEO of Intertrust N.V., a publicly traded financial services firm based in the Netherlands. Miller has also held senior roles at SS&C Technologies and J.P. Morgan, where she…
Maverix hires SS&C GlobeOp as administrator for new PE fund
Maverix Private Equity, a Canadian private equity firm, has appointed SS&C GlobeOp as fund administrator for its inaugural growth equity fund. Maverix will use SS&C GlobeOp’s private capital fund services to support the Maverix Growth Equity Fund, including fund accounting, investor services, reporting and data analytics. SS&C’s Toronto team will oversee services for the fund.