Partners Group has appointed Northern Trust to provide fund accounting, transfer agency, depositary and corporate secretarial services for its new European Long Term Investment Fund (ELTIF)-compliant Private Equity Evergreen Fund, structured as a Luxembourg-domiciled SICAV. Based in Switzerland, Partners Group is a private markets firm with USD147bn AuM.
Category: Alts
BGV signs with Allvue
Allvue Systems, a provider of alternative investment technology solutions, has been mandated by BGV to provide investor portal software. BGV is an early-stage venture capital firm based in Silicon Valley focusing on global Enterprise 4.0 technology innovation. Allvue’s solutions will streamline the growing firm’s investor relations and prospective investor communications efforts through the delivery of…
NAV launches in Ireland
NAV Fund Administration Group, a provider of fund administration services to alternative asset managers, has launched NAV Fund Services (Ireland) Ltd., authorised by the Central Bank of Ireland to provide fund administration services, including fund accounting and transfer agency, in Ireland. NAV Fund Services (Ireland) Ltd. is headed by CEO Ray Murphy, joining from IQ-EQ.
CACEIS launches digital assets business line
CACEIS has established a digital assets business line The business, stemming from the Digital Assets Group project with Crédit Agricole CIB, brings together a team of people with expertise in digital asset custody, IT infrastructure design, and related functions such as compliance, legal, and risk management. It is designed to sit alongside CACEIS’ operating model…
Novata raises funds
Novata, a fintech that provides ESG data for private markets investments, has completed a new round of financing from returning investors Hamilton Lane and S&P Global, and a new investor, Motive Ventures, which is backed by affiliates of Apollo Global Management. In 2023 Novata struck a deal with Northern Trust, an investor, to provide its…
Komainu hires head of partnerships
Komainu, the C.I.-based digital asset custodian that is partly backed by Nomura, has appointed Neil Batchelor as global head of partnerships. Batchelor will be responsible for leading partnerships globally, further enhancing existing infrastructure and service provider collaborations, and driving new strategic partnerships across the digital assets and institutional securities servicing ecosystems. He joins Komainu from…
Imperium supports SNGLR fund launches
Guernsey-based fund services provider Imperium has supported SNGLR Capital in its recent fund closing. The two Guernsey-domiciled funds held their first closing, and are, by final closing, aiming for total commitments of EUR40m (USD44m). SNGLR is a Swiss-based manager investing in mainly European early-stage technology startups.
Fireblocks launches custody partner program
Fireblocks, the institutional-grade digital infrastructure provider, has launched the Fireblocks Global Custodian Partner Program, a global network of licensed digital asset custodians. Built on the Fireblocks Network, the program will be launched with an initial group of licensed custodians based in the U.S., UAE, UK, Singapore, Thailand, and Australia. Once live, Fireblocks clients will be…
Gen II appoints European ops head
Gen II Fund Services, the U.S.-based private assets administrator, has appointed Matt Le Noury as head of European operations, based in Guernsey, C.I. He was part of the Crestbridge PERE business that Gen II recently acquired, and has also worked for Citco and Northern Trust.
Apex hires SS&C veteran
Apex has appointed Ken Fullerton as global head of operational transformation, based in New York. He will lead the operational delivery and improvement team focusing on client-driven technology and business process initiatives and improvements. He will also oversee the global service centres. Fullerton previously spent nearly 20 years at SS&C GlobeOp.