Category: Alts

Crestbridge, the C.I.-based administrator, has appointed William Turner as a director in its real estate services team. Based in Jersey, he will have responsibility for several key client relationships, reporting directly to the Jersey head of the real estate team, Erin Moffat. Turner moves to Crestbridge from Intertrust, where most recently he was a client…

Sanne, the C.I.-based alternatives administrator, has agreed to acquire Inbhear Fund Services and Inbhear Management Services for an upfront consideration of EUR6.6m (USD7.2m), and an earn-out over the next three years capped at EUR7.8m (USD8.6m). Inbhear is a Dublin-based fund administrator with a presence in Cayman.

Northern Trust has automated processing of the full trade settlement lifecycle for syndicated bank loans through integration with IHS Markit’s ClearPar Custodian Services Messaging capability. Designed to deliver trade data in a standardised format via secured communications, this service increases scalability and efficiency while reducing the risks inherent in a manual trade settlement process. The…

Centaur Fund Services, the Dublin-based provider of administration and regulatory services for the alternative investment fund industry, has secured an equity investment from FTV Capital, a U.S.-based private equity firm. Ronan Daly, Karen Malone and Eric Bertrand, Centaur’s founders, will continue their leadership roles and remain significant shareholders in the company. As part of the…