Equiom, the Isle of Man-based corporate and fund services provider, has launched Equiom Fund Solutions Ireland Limited, a super ManCo offering both AIFM and UCITS solutions for regulated funds. Kevin Bardon, who will head the business, joins from Deutsche Bank, where he led its Irish super ManCo platform, and has also worked at Citco and…
Category: Alts
Link to acquire Casa4Funds in Lux
Link Group and Banor Capital have signed an agreement for the acquisition of Casa4Funds by Link. Completion of the transaction is subject to regulatory approvals. Casa4Funds is a European independent third-party UCITS ManCo and AIFM, based in Luxembourg. The combined businesses will have approximately EUR3bn AuM in Luxembourg and EUR100bn across Europe.
Apex to acquire Mauritius-based GFin
Apex has announced plans to acquire GFin Corporate Services Ltd., a Mauritius-based management company providing fund administration services to institutional clients. GFin provides a range of services including company, trust and fund formation, corporate and trust administration, fund administration, corporate structuring, tax compliance, accounting and tax services, NAV calculation, directorship, company secretarial and share registry.…
Liberty appoints Stonegate/Securitize for new digital RE fund
Liberty Equity Management, a U.S.-based manager specialising in the tokenisation of commercial real estate investments, has appointed Stonegate Global Fund Services, in partnership with Securitize, to provide fund structuring, administration and tokenisation services for its new net lease security token fund. The Cayman and U.S. fund structure will enable both U.S. and global investors to…
IQ-EQ adds two senior managers to Cayman team
IQ-EQ has appointed James Bolton as country delivery director and Andrew Edgington as client director for the Cayman Islands. Bolton joins from Citco, whilst Edgington joins after a spell as an independent consultant. He has previously worked at Barings, Northern Trust and Gartmore.
Alter Domus makes acquisitions in London & Boston
Alter Domus, a Luxembourg-based provider of solutions to the alternative investment industry, has acquired London-based fintech, Credit-Vision Limited. Credit-Vision is a data and analytics platform for corporate credit investors. Credit-Vision streamlines and modernises portfolio management by automating data extraction from issuers’ financial reports and channels financial data from multiple sources into a single access point.…
Coremont hires Michele Deely as head of sales and client relations
Coremont, which was spun out from Brevan Howard in 2018, has hired Michele Deely as head of sales and client relations. Deely spent 17 years at IFS, a State Street company. State Street signed a deal with Coremont earlier in 2020 to provide an integrated front-to-back service for hedge fund managers.
Cordovan Capital Management selects IQ-EQ for first institutional PE fund
Cordovan Capital Management, a Northern Ireland-based private equity house, has appointed IQ-EQ to support its first institutional fund. The new fund aims for a total AuM of GBP50m. IQ-EQ is providing fund administration and depositary services, as well as appointed representative and UK AIFM services.
DBS and SGX launch Digital Exchange
DBS, the Singapore-based bank, is to establish a digital exchange, enabling institutional and accredited investors to tap into a fully integrated tokenisation, trading and custody ecosystem for digital assets. Singapore Exchange (SGX) will take a 10pct stake in the DBS Digital Exchange. The exchange will include: Security Token Offerings – A regulated platform for the…
HSBC facilitates first onshore private fund investment in China
HSBC has facilitated the first onshore private fund investment via the Qualified Foreign Institutional Investors and RMB Qualified Foreign Institutional Investors (QFII/RQFII) scheme in mainland China. HSBC is the custodian, providing services including investment scope update filing, payments, and custody for this market-first transaction completed by Baring Asset Management Limited. The fund is the first…