6 Monks has become the first AIFM authorised to manage third-party digital assets funds, following recent approval from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). This marks the first time professional investors in European jurisdictions have been permitted to invest directly into digital assets through a regulated or semi-regulated AIF. 6 Monks has appointed…
Category: Alts
FundBank appoints GC CEO
FundBank, the banking fintech specialising in the asset management sector, has appointed Laura Accurso as chief executive officer and general counsel of its Cayman operation, replacing Colm O’Driscoll, who is promoted to a global leadership role. Accurso was previously chief banking officer. Earlier this year FundBank appointed Steve David as CEO of its European operations.
Langham Hall supports new DTCP fund
Langham Hall, the UK administrator, has supported DTCP with the final close of its flagship fund, Digital Infrastructure Vehicle II SCSp, which has EUR1.6bn of commitments. DTCP is an independent investment management firm with EUR2.8bn AuM, specialising in investments in European digital infrastructure.
Alter Domus appoints CTO
Alter Domus, the Luxembourg-based provider of fund administration, private debt, and corporate services for the alternative investment industry, has appointed Demetry Zilberg as chief technology officer. He reports to Doug Hart, Alter Domus CEO, and will also join the group executive board. Prior to joining Alter Domus, he was CTO in the digital technology &…
Woodbridge appoints Equity Trustees
Woodbridge Capital, an Australia-based investment manager and non-bank lender, has appointed Equity Trustees as Responsible Entity (trustee) of its new retail fund, the Woodbridge Secured Income Fund.
IQ-EQ implements Multifonds
IQ-EQ, the Luxembourg-based provider of fund administration, private debt, and corporate services for the alternative investment industry, has gone live on Temenos’ Multifonds platform, implementing the solution in under six months. IQ-EQ chose Temenos Multifonds Global Investor Servicing to automate and streamline its investment operations, initially for transfer agency services in Europe, with the potential…
Varys hires FundRock
Varys Capital has appointed FundRock, the Apex-owned administrator, to manage a feeder fund, Varys Capital Ventures (CEIC) Limited, in the Abu Dhabi Global Market (ADGM). Apex has been appointed as administrator.
Gen II completes Crestbridge acquisition
Gen II Fund Services, the U.S.-based independent private capital fund administrator, has closed the acquisition of Crestbridge, a UK-based provider of private capital fund administration services. The acquisition of Crestbridge expands Gen II’s presence in Luxembourg and adds jurisdictional reach in the UK, Jersey, Ireland, and other international markets, significantly broadening Gen II’s global service…
IQ-EQ backfills in Asia
Following the appointment of Sridhar Nagarajan as managing director, Singapore and regional CEO, Asia, Middle East and Africa, IQ-EQ has appointed Rehma Imrith as its new managing director for Mauritius, and Pazani Vaitilingon, head of funds, Mauritius, as chief commercial officer for Africa, India and Middle East.
Hazeltree hires CPO
Hazeltree, a U.S.-based fintech delivering treasury and intelligent operations technology for the alternative asset industry, has appointed Paul Gallant as its chief product officer. As CPO, he will oversee all of Hazeltree’s products, including solutions for hedge funds, private markets, data insights, the liquidity platform, and cash and payments. He will report to Hazeltree CEO…