Sanne, the UK-listed provider of alternative asset and corporate administration services, has appointed Keith Miller as the global head of private debt. Based in London, he will be responsible for building the private debt and loan agency product offering. Miller joins from Global Loan Agency Services Limited and Nomura International Plc. Sanne’s private debt business…
Category: Alts
Aztec appointed to administer Deutsche Private Equity’s latest fund
Aztec Group, the C.I.-based administrator, been appointed to administer Deutsche Private Equity’s EUR1bn Fund IV. Aztec will provide administration, reporting and investor services to the fund from its offices in Jersey, Luxembourg and the Netherlands. Aztec also administers DPE’s Fund II and Fund III Established in 2007 and with >EUR2bn AuM, DPE is an independent…
Crestbridge hires Aaron Bird for business PE development role
Crestbridge, a provider of private equity and real estate administration solutions, has appointed Aaron Bird as associate director of business development. Based in Jersey, Bird is responsible for growth, client acquisition and business development, focusing on mid-cap fund managers in the global private equity and venture capital space. Bird was previously an independent consultant.
Mainstream launches PE services in AsPac with KDB as first client
Mainstream Fund Services, an Australian administrator, has launched its private equity solution in Asia-Pacific. Mainstream has signed Korea Development Bank Asia Limited as its first client in the region, administering KDBA’s Cayman fund in Hong Kong.
RBC to service Presima’s real estate yield fund
RBC Investor Services has been appointed to provide custody and administration services for the Presima Yield Fund. Headquartered in Montreal, Presima focuses on real estate securities, and is a wholly-owned subsidiary of MLC Asset Management.
Apex to provide admin and depositary services for Melior
Apex Group has been appointed to provide fund administration and depositary services to the debut fund of Melior Equity Partners. Melior was launched in early 2020 following the completion of a spin-out of the investment team from The Carlyle Group’s Irish activities. The fund has recently held a first close for its Luxembourg domiciled debut…
Frans Annokkee joins CACEIS in the Netherlands
CACEIS has appointed Frans Annokkee as a senior business development manager in the Netherlands. In this role he shares responsibility for asset managers, funds, private equity, real estate and private debt. Prior to this, Annokkee worked at Pictet Asset Management.
Apex appointed as administrator for UK’s Preservation Capital
Apex, the Bermuda-based administrator, has been appointed to provide fund administration services to Preservation Capital Partners, a UK-based mid-market private equity investor. Preservation Capital, a specialist investor in the asset-light financial services sector, recently announced the closing of its debut fund, Preservation Capital Partners Fund I, at its hard cap of GBP309m (USD400m).
Kiva appoints UMB to administer Refugee Investment Fund
Kiva, the California-based microfinance provider, has selected UMB Fund Services to provide fund accounting and administration services for the Kiva Refugee Investment Fund.
4Pines selects Harmonate for data operations services
4Pines Fund Services, a start-up private equity administrator based in the U.S., has selected Harmonate to provide data operations services. Harmonate claims its Conductor data operations product for fund administration can provide 20pct cost savings in year one of implementation, and 80 percent savings in ensuing years, as well as reducing reporting delivery timelines by…