Montpensier Arbevel Focus Small 2030, with CACEIS as depositary, is taking part in the world’s first natively tokenised IPO on Lise. For the first time, a small-cap alternative investment fund is subscribing to a natively tokenised IPO. The Montpensier Arbevel Focus Small 2030 fund took part in the IPO of ST Group on Lise –…
Category: Alts
Maples supports new fund launch
Novus Aviation Capital, a DIFC-based independent aircraft leasing and financing firm, has launched Tamweel Aviation Finance III Fund with the support of the Maples Group with its fund administration, fiduciary and legal services capabilities.
Suntera to acquire EAC
Suntera Global, the C.I.-headquartered provider of fund, corporate, and private wealth services, has agreed to acquire U.S.-based Experienced Advisory Consultants LLC (EAC), subject to completion conditions. EAC is a provider of outsourced solutions, ManCo, and operational support services to alternative investment managers across the U.S.
Eleven launches payments platform
Eleven, the investor operations platform for private fund managers and fund administrators, has launched Integrated Payments, a system that automates capital calls and distributions. Integrated Payments is now available on the Eleven platform for fund administrators and investment firms operating across private equity, venture capital, real estate, hedge funds, and other alternative asset classes.
State Street to launch tokenised fund service
State Street intends to deliver a tokenised fund servicing capability from Luxembourg by the end of 2026. State Street Investment Management is expected to be an early adopter of the service. The capability will be delivered through State Street’s digital asset platform.
Grande joins Ultimus
Thomas Grande has joined Ultimus LeverPoint Private Fund Solutions as an SVP in its relationship management team, based in Boston. He was previously at U.S. Bank.
Gen II licensed in Guernsey
Gen II Fund Services, the U.S.-based global private capital fund administrator with USD1.5trn AuA, has been licensed by the Guernsey Financial Services Commission to provide fund administration services for Guernsey-domiciled private market structures.
Highvern hires CRO
Jason Burgoyne has joined Highvern & Permian as group chief operating officer and member of the group ExCo, based in the UK. He was previously at Vistra.
Aztec confirms head of real assets
Aztec Group, the C.I.-based provider of private markets services, has confirmed Richard Anthony as global head of real assets. He was previously interim head of real assets, having been with Aztec for 13 years.
Alchelyst adds senior managers
Alchelyst, the Ireland-based investor solutions and infrastructure partner for private markets asset managers, has appointed three managers to its leadership team: Jeff Dorigan, MD, head of U.S. sales, spent eight years at Brown Brothers Harriman. Karl McDonald, MD, transformation, was previously global head of hedge fund operations at BNY. Sinéad O’Sullivan, MD, investor solutions, was…