Carne Group, the European third party ManCo and a provider of fund regulation and governance solutions, has appointed Clair Turketo as managing director, client solutions, based in New York. Her career includes senior roles at Cerberus and Blackstone in New York, as well as at KKR, BlackRock, Gartmore, and Morgan Stanley Investment Management in London.…
Category: Alts
H.I.G. appoints SEI
H.I.G. Capital, an alternative investments firm with USD70bn AuM, has selected SEI to provide fund administration and depositary services for certain Luxembourg- and Cayman-domiciled private equity and infrastructure assets. H.I.G. provides equity and debt capital to middle-market companies and has managed more than 400 companies worldwide.
BNPP supports innovative Spanish fund
Azvalor, the Spanish asset manager, has launched its first tokenised investment fund, within the regulatory sandbox of the Spanish National Securities Market Commission (CNMV). This project, developed jointly with Allfunds Blockchain and BNP Paribas acting as depositary bank and fund administrator, introduces an alternative distribution model for UCITS funds. The fund, Azvalor Blockchain FI, represents a structural innovation…
SFP selects Broadridge for front-to-back transformation
Swiss Finance & Property Group, a Swiss real estate asset manager with >USD15bn AuM, has appointed Broadridge for a full front-to-back transformation of its investment management technology platform. Broadridge will provide SFP Group with its integrated platform of investment management solutions, including trade order and execution management, portfolio management, pre/post trade compliance, risk management, middle…
Sonata One appoints COO
Sonata One, the private funds clearinghouse, has appointed Colin Clunie as COO, He joins from Clearwater Analytics a U.S.-based data and investment accounting platform for institutional investors, prior to which he held senior leadership and operational roles at Athora and BlackRock.
Aztec supports Lakestar’s new fund
Aztec Group, the C.I. based administrator, has supported Lakestar, a European venture capital firm, on the close of Lakestar Continuation Fund I, a USD265m (EUR228m) continuation vehicle. Aztec provides fund administration services to LCF I from its Guernsey office, continuing its long-standing relationship with Lakestar.
Langham Hall supports Zenzic’s new debt fund
Langham Hall, a UK-based provider of fund administration and AIFMD services, has supported the launch of Zenzic Capital’s new evergreen debt fund, the Zenzic Real Estate Credit Opportunities Fund. The fund is targeting commitments of up to USD3bn. Langham Hall is providing fund accounting and administration services to the fund and associated entities from its…
DTCC hires MD for digital assets
DTCC has hired Thomas Sullivan as managing director of DTCC Digital Assets, reporting to Nadine Chakar, managing director, global head of DTCC Digital Assets. Previously, he was head of business development for digital assets at Société Générale.
Nangle steps down from State Street
After 22 years at State Street, Gavin Nangle is leaving the firm. Based in Dublin, Nangle was most recently head of EMEA offshore business origination.
BNY hires Zita
BNY has hired Tom Zita as senior director, alternatives client coverage. He reports to Dylan Curley, client coverage global head of alternatives for the asset servicing business. Zita was previously at Northern Trust.