Perennial Partners, an Australian asset manager, has retained SS&C for unit registry services. SS&C will provide a range of services to Perennial’s investors across all fund types, including active ETFs, unlisted and dual-listed funds, and private equity. Previously, SS&C serviced unlisted and dual-listed funds for Perennial Partners. After a market evaluation process, Perennial expanded its…
Category: Alts
iCapital to acquire Mirador
iCapital, the fintech platform supporting the world’s alternative investment marketplace for the wealth management industry, is to acquire Mirador, a provider of investment data aggregation and financial reporting across both alternative and traditional investments, Mirador’s services include consolidated financial reporting, private investment support, offline and alternative investment data management, K-1 document management, and compensation management…
Maples wins Cayman mandate
The Maples Group has been appointed by Chicago Global Capital Pte. Ltd. to provide fund administration services for its Cayman Islands-domiciled hedge fund. Chicago Global will be primarily serviced from Maples’ Singapore office, where the team will be providing fund administration services including cross-jurisdictional AML/KYC compliance, financial statement preparation, investor services and fund accounting. Chicago…
Centralis to acquire YLP
Centralis, a Luxembourg-based alternative asset and corporate services provider, is to acquire YLP Group, a corporate services provider based in Luxembourg. YLP is an Ordre des Experts-Comptables licenced business that provides services to alternative fund clients, primarily real estate and private equity structures, as well as multinational corporates.
Kraken launches custody solution
Kraken Institutional, the U.S.-based provider of crypto solutions for institutional investors, has launched its qualified custody solution, offered through Kraken Financial, its state-chartered bank. Headquartered in Wyoming, U.S., Kraken Financial is authorised to offer digital asset custody and deposit accounts for institutions. Kraken Financial is a segregated entity, where funds and assets are held remotely…
Fireblocks hires CMO
Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations, has hired Michal Ferguson as chief marketing officer. Prior to joining Fireblocks, Ferguson built and scaled the go-to-market functions at Snyk, a cybersecurity platform that integrates directly into development tools, workflows, and automation pipelines. BNY Mellon took a stake in Fireblocks in…
Komainu supports USYC
Komainu, a UK-regulated digital asset custody service provider partly backed by Nomura, has begun custody support for USYC, created by Hashnote, the on-chain first digital asset manager, built with the support of Cumberland and DRW. The partnership will enable Hashnote’s USYC to be held in custody by Komainu.
Citco upgrades Waterfall tool
Citco has upgraded its Citco Waterfall tool to enable real assets fund clients to automate complex carried interest waterfalls for funds and joint ventures. The new functionality covers unrealised/hypothetical distributions, realised cash distributions and scenario/projection calculations, as well as providing allocation of deal specific carried interest calculations.
Enfusion expands brief with Kayne Anderson
Enfusion, a SaaS platform provider for investment managers, has completed the second phase of a strategic investment management platform migration by Kayne Anderson. Kayne Anderson is a U.S.-based alternative investment management firm focused on real estate, infrastructure, energy, credit, and growth capital, with >USD34bn AuM. The first phase focused on order and execution management. The…
Euroclear partners with iCapital
Euroclear has formed a partnership with iCapital, the global fintech platform specialising in the alternative investment marketplace for the wealth management industry. With this partnership, Euroclear’s clients will gain enhanced access to a broader range of alternative investments, including private equity, private credit, real estate, infrastructure, and hedge funds. The iCapital funds available on iCapital…