Altum Group, a C.I.-based provider of fund, corporate, and family office solutions, has agreed to merge with Elysium Fund Management Ltd, a Guernsey-based provider of fund, corporate and professional services. Elysium will merge into Altum once the deal receives regulatory approval. The combined group will have more than USD40bn AuA, with over 200 employees across…
Category: Alts
Apex wins Africa fund
Apex has been appointed as AIFM and administrator of a fund aimed at supporting renewable energy infrastructure in sub-Saharan Africa. The Gaia Africa Climate Fund is targeting investment of up to USD200m.
JTC hires for Ireland
JTC, the C.I.-based administrator, has appointed Lloyd Collier as a senior director responsible for the growth of its institutional client services business in Ireland. Prior to joining JTC, Collier spent two decades with BNY.
Centralis acquires Oakford
Centralis Group, the Luxembourg-based alternative asset and corporate services provider, has acquired Oakford Advisors. UK-based Oakford provides specialist services focused on alternative fund clients. Forty employees will join Centralis from Oakford.
TMF appoints transformation chief
TMF Group, a Netherlands-based provider of compliance and administrative services, has appointed Charlie Netherton to its executive committee as chief transformation officer, reporting to CEO Mark Weil. He was previously on a career break after working for Marsh.
Langham Hall appoints UK head
Langham Hall, the UK-based administrator, has appointed Richard James as head of UK. Previously he was global CFO for Savills Investment Management.
Komainu approved in Switzerland
Following an update to its rules for listing crypto-asset-based products from SIX Exchange Regulation AG, Komainu (Jersey) Limited has been approved as a custodian of crypto assets under the new guidelines. The updated regulations expand the range of eligible crypto assets. A key addition is the requirement for these products to use custodians that are…
BNY appoints Lux country head
BNY has appointed Brian McMahon as Luxembourg country head & EMEA head of alternative business development. McMahon, who has been with BNY for nearly 13 years, was previously global head of alternative business development. He replaces Brenda Bol, who left earlier this year to join Cecabank.
Vistra acquires in U.S.
Vistra, the Asia-based provider of fund and corporate services, has acquired the fund administration and transfer agency business of U.S.-based Phoenix American Financial Services, Inc. The transaction does not include Phoenix American’s aviation services business. As part of the deal, Zane Doyle, chief strategy officer of Phoenix American, will join Vistra. The deal will enhance…
Amicorp granted AIFC licence
Amicorp Fund Services, the Asia-based fund services provider, has had its fund administration licence approved by the Astana International Financial Centre, Kazakhstan‘s financial hub. The licence adds to Amicorp’s seven other fund administration locations.