UI efa, the Luxembourg-based member of Universal Investment Group, has been appointed to administer Blue Earth Capital’s new open-ended, semi-liquid fund focused on global private credit. Blue Earth Capital is headquartered in Switzerland and has operations in New York, London, and Konstanz.
Category: Alts
Apex partners with Ownera
Apex has partnered with Ownera, a provider of tokenisation interoperability solutions, to deliver Apex’s range of services to any financial institution and issuer with an Ownera router. Ownera’s routers interconnect many of the world’s leading tokenisation platforms, including Digital Assets Canton, R3 Corda, Besu, Quorum, and Tokeny, extending access from these environments to buy-side demand,…
Universal expands in Ireland
Universal Investment Group, the Europe-based fund services platform and Super ManCo, has expanded its services from Universal Investment Ireland to include AIFM services for Irish-domiciled real estate funds. Its first mandate for the newly expanded service is for the ICAV holding Dubin Liffey Valley Shopping Centre, one of the largest retail centres in Ireland.
Waystone appoints Cayman head
Waystone, the European provider of specialist services to the global asset management industry, has appointed Alaina Danley as Cayman country head. She has been at Waystone for more than 12 years.
Arrow Global appoints SEI
Arrow Global Group Limited, a European alternative asset manager specialising in private credit and real estate, has selected SEI to support its fund administration, loan operations, and investor services for its private credit fund domiciled in Luxembourg.
Grande joins U.S. Bank
U.S. Bank has appointed Thomas Grande as an alternatives relationship manager in its global fund services business. He is based in Boston and joined from Aliter Investment Services.
Komainu wins CoinShares ETF mandate
Komainu, the C.I.-based digital asset service provider and custodian which is backed by Nomura, has been chosen by CoinShares as custodian for the SEC-approved CoinShares Valkyrie Bitcoin Fund. CoinShares acquired Valkyrie Funds LLC earlier this year as part of its expansion into the U.S. market. This acquisition included the sponsor rights to the Valkyrie Bitcoin…
CI to be taken private
CI Financial Corp., the Canada-based manager with c. CAD518.1bn (USD368bn) in client assets, has entered into a definitive agreement with an affiliate of Mubadala Capital, the alternative asset management arm of Mubadala Investment Company, to take CI private in a transaction that values CI’s equity at c. CAD4.7bn (USD3.3bn) and implies an enterprise value of…
TIFF outsources Form PF reporting
TIFF Investment Management, a U.S.-based provider of advice and investment solutions for nonprofits and other institutional clients, has expanded its relationship with SS&C to include Form PF reporting. TIFF will outsource Form PF reporting to SS&C for all of TIFF’s >40 private funds, subject to compliance with the regulation. TIFF also uses SS&C for tax…
Waystone hires CPO
Waystone, the Europe-based provider of specialist services to the global asset management industry, has appointed Pervaiz Panjwani as chief product officer. Prior to joining Waystone, Panjwani was at Citi, where he held several global and regional senior roles across product, sales and relationship strategy in asset servicing, including co-global head of fund services, where he…