Oak Group, a C.I.-based provider of private client, funds and corporate services, has hired Stephen Prosser as associate director, funds & corporate, based in Jersey. He was previously at Alter Domus.
Category: Alts
State Street signs with Taurus
State Street has signed an agreement with Taurus SA, the Switzerland-based provider of digital asset infrastructure, to deliver digital assets capabilities for State Street’s clients. Subject to receipt of applicable regulatory approvals, State Street will leverage Taurus’ custody, tokenisation and node management solutions to automate the issuance and servicing of digital assets, including digital securities…
Komainu to service BUIDL
Komainu, the C.I.-based digital asset services provider, is to provide custody for BlackRock’s BUIDL Token. The BUIDL Token – BlackRock USD Institutional Digital Liquidity Fund – is a tokenised fund created by BlackRock. Operating on the Ethereum blockchain, BUIDL offers institutional investors exposure to U.S. dollar yields through tokenisation. By tokenising a U.S. dollar fund,…
Amicorp hires for Lux
Amicorp Fund Services, the Hong Kong-based fund services group, has added Clive Short to its team in Luxembourg. Short, with nearly twenty years’ experience in managing or supporting pan-European PERE funds, joins the team as commercial director. Prior to joining Amicorp, he worked in investment management for Barings, Deutsche Bank and AXA Investment Managers, before…
Woodbridge appoints Equity Trustees
Woodbridge Capital, an Australia-based investment manager and non-bank lender, has appointed Equity Trustees as trustee of the Woodbridge Private Credit Fund. Earlier this year Equity Trustees was appointed as the Responsible Entity (trustee) for the Woodbridge Secured Income Fund.
Path Crypto appoints Gemini
Gemini, the digital asset service provider, has been appointed as the custodian for Path Crypto’s Managed Portfolios, a robo-advisor investment platform that offers tailored digital investment strategies for retail and institutional investors. Path Crypto, a registered SEC investment advisor, recently launched the Managed Portfolios program in the U.S. and has plans to expand internationally later…
Komainu appointed by Nasdaq
Nasdaq has appointed Komainu, the C.I.-based digital asset custodian, as a core custodian for its suite of crypto indices. This follows a similar arrangement between Nasdaq and Zodia Custody.
Altum to merge with Elysium
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…
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.