Juniper Square, a U.S.-based real estate technology solutions provider, has launched a technology-driven fund administration service designed for the commercial real estate industry. The offering provides services spanning accounting, reporting, treasury and subscriptions.
Category: Alts
Carlyle, Pacific Equity Partners issue offer for Link in Australia
Link Administration Holdings Limited, the Australian administrator, has received a conditional, nonbinding indicative proposal from a consortium including Pacific Equity Partners, Carlyle Group and their affiliates to acquire 100pct of the shares. The indicative cash price offered to shareholders under the proposal is AUD5.20 per share. Perpetual, which currently holds 9.65pct of Link Group, has…
Apex to support Home REIT plc after IPO on LSE
Apex, the Bermuda-based financial services provider, it provided pre-IPO support to Home REIT plc ahead of its listing on the London Stock Exchange. Apex will continue to work with Home REIT to provide fund, financial and corporate solutions, including real estate fund administration and accounting, AIFMD depositary, corporate governance and company secretarial services.
Ocorian takes three managers from Apex for APAC fund services
Ocorian, the C.I.-based administrator, has made three senior appointments to its global fund services team in Asia Pacific: Based in Singapore, Naveen Sivaambihaibalan joins the firm as head of fund services, APAC. He joins from Apex Fund Services where he was vice president, private equity and real estate operations. Cursley Legoff joins as a client…
BP2S and Curv complete PoC for security token transfers
BNP Paribas Securities Services and Curv, a cloud-based digital asset security infrastructure for financial institutions, have completed a proof of concept to transfer security tokens securely between market participants. As part of this engagement, BNP Paribas Securities Services and Curv transferred a security token using Curv’s multi-party computation solution to ensure the security of the…
Finomial launches e-subscription service for alt funds
Finomial, a client lifecycle management platform, has launched Finomial Electronic Subscriptions to digitise the manual subscription process. With this product, Finomial claims to offer a complete solution for alternative investment managers and their fund administrators, including investor compliance, on-boarding, capital activity, collaboration, and regulatory reporting to global authorities. The service provides investors with an easy-to-use,…
CACEIS to service EUR1bn PE fund for ArchiMed
CACEIS has been selected to service the new MED Platform I fund run by ArchiMed, a private equity firm specialising in the healthcare sector. The mandate covers depositary bank, custody, middle-office, fund accounting and financing services for the fund, which reached a EUR1bn final close.
TMF to acquire Selectra ManCo in Luxembourg
TMF Group and Farad Group have signed an agreement for the acquisition of Selectra Management Company by TMF Group from Farad Group. Completion of the transaction is subject to regulatory approvals from the Commission de Surveillance du Secteur Financier. Selectra is a regulated management company based in Luxembourg, servicing both AIFs and UCITS.
Apex hires Barry Hindmarch for senior real estate role
Apex Group, the Bermuda-based financial services provider, has appointed Barry Hindmarch to the newly created role of head of real estate, UK & Ireland and Channel Islands. Hindmarch was previously at BlackRock, where he was a director with responsibility for managing the finance team reporting on various open and closed-ended EMEA real estate funds.
Itau USA Asset Management consolidates with SS&C GlobeOp
Itaú USA Asset Management has selected SS&C GlobeOp as its fund administrator. IUAM is the U.S. investment management arm of Itaú Unibanco, Brazil’s largest non-government bank. SS&C will provide fund administration, including full middle and back office services, investor services, performance analytics, regulatory compliance assistance and risk-related services for Bank Itaú’s Cayman-domiciled funds.