HSBC Securities Services in India has launched DerivEasy, a web platform that will allow HSBC’s institutional investors to get access to near real-time information on their futures and options trades. DerivEasy aims to simplify the trade validation process, whilst supporting investors in monitoring of margin requirements on existing and prospective trades, collateral utilisation, and position…
Category: Alts
Citco hires Connie Tirondola as head of real assets for North America
Citco Fund Services has appointed Connie Tirondola as head of real assets for North America. She reports to Barbara Flusk, head of real assets. Tirondola joins from CBRE. Prior to CBRE, she was global head of real estate fund accounting at BlackRock.
Aztec hires Eva Devine as head of depositary services in Lux
Aztec Group, the C.I.-based administrator, has appointed Eva Devine as head of depositary services in Luxembourg. She joins from European Depositary Bank, and has also worked at Deutsche Bank and BNY Mellon.
Kingdom Trust launches crypto retirement account
Kingdom Trust, a South Dakota-based custodian bank that has >USD13bn AuC, has launched a retirement account that supports legacy, alternative, and crypto assets. The launch of the account – Choice – follows the acquisition of Choice Holdings, a digital asset-focused retirement account provider. Kingdom Trust already backs more than 100,000 retirement accounts and provides custody…
DBAG appoints Aztec to service new Guernsey-domiciled PE fund
Deutsche Beteiligungs (DBAG), a German private equity manager, has appointed Aztec Group, the C.I.-based administrator, to provide administration, accounting and investor services for its latest fund, domiciled in Guernsey with commitments of EUR1.1bn. Aztec will also act as the fund’s depositary from its UK office.
SANNE appoints Matthew Pykstra as head of SA ManCo
SANNE, a UK-based provider of alternative asset and corporate business services, has promoted Matthew Pykstra to director and head of its ManCo in South Africa. He takes over from Karlien de Bruin, who is transitioning to SANNE’s product development team with a focus on ESG. The ManCo has also appointed Leza Stinton to the role…
Aztec supports new fund for Redstone and SBI
Aztec Group, the C.I.-based administrator, has supported the launch of the Future Industry Ventures fund, a joint venture between Redstone and SBI Group. The fund aims to raise EUR200m. Aztec supported Redstone and SBI with the set-up and launch of the fund, and will continue to provide a range of administration and governance services from…
Aztec makes senior appointments in private debt
Aztec Group, the C.I.-based administrator, has made two senior appointments to its private debt leadership team. James Vella-Bamber has been promoted to group head of private debt, based in Luxembourg, while Peter Brown joins as head of private debt in Luxembourg. Prior to joining Aztec, Brown was at RBS, where he led funds banking activities…
Citco partners with Financial Recovery Technologies
Citco, a provider of asset servicing solutions to the alternative investment industry, has partnered with securities class action recovery service provider, Financial Recovery Technologies. FRT works with over 800 firms to help institutional investors monitor litigations, identify eligibility, file claims and collect funds made available in shareholder class action, global and antitrust settlements. Through this…
Apex hires Jean-Daniel Zandona as Lux sales director
Apex Group, the Bermuda-based administrator, has appointed Jean-Daniel Zandona as sales director, based in Luxembourg. He reports to Aman Bahel, European head of sales. Zandona will be responsible for continuing to grow the group’s offering in Luxembourg, which has over 600 employees and is the home of the group’s digital banking and onboarding business and…