MUFG Investor Services has selected Broadridge’s Sentry loan tracking and reporting software to service its clients in the private debt space. The web-based system, which Broadridge added to its solution set with its 2019 acquisition of ClearStructure, enables users to monitor compliance issues and reconcile and aggregate data to streamline or automate processes.
Category: Alts
Sudrania adds >50 clients in H1
Sudrania Fund Services, the Chicago-based administrator, added 52 new clients added to its platform in H1 2020. The company reported that 60pct of these were conversions from competitor administrators, covering mandates for hedge, private equity, CTA, and crypto funds.
Aztec to administer Stirling Square’s EUR950m fourth PE fund
Aztec Group, the C.I.-based administrator, has been appointed to administer Stirling Square Capital Partners’ Fourth Fund. With EUR950m in total commitments, the fund is Stirling Square’s largest to-date and will focus on the European mid-market. Aztec supported Stirling Square, a UK-based private equity manager, with the set-up, launch and closing of the fund, and will…
Crestbridge to support EQT Credit transition to Bridgepoint
Crestbridge, the UK-based administrator, will provide Bridgepoint, the UK-based private equity manager, with fund and management company services to support the recently announced merger with EQT Credit. With the transfer of the business to new ownership, Crestbridge has been appointed to facilitate the EQT Credit transfer to Bridgepoint with a clean regulatory and service wrapper.…
SGSS to administer two new Lux funds for AtonRâ
SGSS in Luxembourg has been appointed as the sole administrator to the recently launched AtonRâ SICAV and AtonRâ II SICAV-RAIF. SGSS will deliver asset services including depositary bank and fund administration.
Crestbridge moves Michael Newton to fund services role in Lux
Crestbridge, a UK-based administrator, has transferred Michael Newton, head of institutional client operations, to Luxembourg to support the growth of the fund services team. His role has been extended so that he is also responsible for growing the fund services offering from Luxembourg. Newton will continue to oversee client-facing activities within the group’s fund, real…
Saltgate promotes Lizette Morales to head of Jersey client services
Saltgate, a C.I.-based administrator with >USD100bn AuA, is has promoted Lizette Morales to head of Jersey client services. She joined Saltgate in 2013.
SANNE makes bus dev appointments in Japan, Luxembourg
SANNE, the UK-listed provider of alternative asset and corporate services, has made two business development appointments. Sakuya Tajima joins as head of business development – Japan. He was previously with State Street in Japan. Jens Grüneklee is appointed as director, business development in its Luxembourg office. He joined SANNE in 2018.
Crestbridge supports launch of EUR125m GP Bullhound Fund V
Crestbridge, a UK-based administrator, has supported the EUR125m closing of GP Bullhound’s newest fund aimed at investing in growth-stage software businesses. The firm’s team in Luxembourg provided fund and management company services to support the close of GP Bullhound Fund V.
Aztec adds two managers to Jersey PE team
Aztec Group has added two managers to its private equity team in Jersey. Paul Watson has been appointed as a director, while Alexandra Prince has assumed the role of associate director. Watson, previously a principal consultant with Marbral Advisory, a Channel Islands-based change management consultancy, will be responsible for the provision and ongoing development of…