Palmer, the UK-based private capital administrator, has launched an operation in Madrid, Spain. The local team will be led by Manuel Rodríguez and Pilar García. Palmer recently received regulatory approval to operate in the Channel Islands.
Category: Alts
MUFG reaches USD1trn AuA, but…
MUFG Investor Services has issued a press release that can only be described, at best, as economical with the truth. In announcing that AuA has surpassed USD1trn, MUFG claims that it is a “global leader” in asset servicing and one of the largest fund administrators in the world, neither of which stands up to scrutiny.…
Altum hires from Apex
Altum, the C.I.-based administrator, has hired Marian Suguitan as a director in the funds & institutional business, based in Jersey. She was previously at Sanne, which was acquired by Apex in 2022.
Suntera hires M&A head
Suntera Global, the C.I.-based administrator, has appointed James Harries as head of M&A. Before joining Suntera, he worked at a payments and software business. Recent M&A deals for Suntera have included the acquisitions of Guernsey-based Carey Commercial Limited, Socium Fund Services in the U.S., and Nedgroup Trust in Guernsey and Jersey, following the acquisition of…
IQ-EQ promotes McEnteggart
IQ-EQ has appointed Joanne McEnteggart as global head of debt, capital markets and corporate, which is one of its three core service segments. She joined IQ-EQ in 2015, and was most recently global head of corporate and loan servicing. She also led the launch of IQ-EQ’s Irish funds business in 2021. She is based in…
Saltgate hires NED
Saltgate, the C.I.-based alternatives administrator with USD100bn AuA, has appointed Julia Chapman as a non-executive director. Based in Jersey, she is a solicitor qualified in England and Wales and in Jersey.
Altum hires from Apex for RE business
Altum Group, the C.I.-based administrator, has appointed Sunet Oosthuizen as a client director in its real estate business, based in South Africa. She was briefly at Apex after its acquisition of Sanne, where she spent more than six years.
Rhyze selects SS&C for loan admin
Rhyze Solutions, a newly launched credit union service organization, has selected SS&C to help manage its commercial real estate loan portfolio. Precision LM will be deployed for pipeline tracking, loan servicing, accounting, asset management, and regulatory reporting. EVOLV will to support reserving, risk assessment, and credit reporting for all cash-flow-based financial instruments.
Silverview implements Sentry
Silverview Credit Partners, a private debt manager, has implemented the Sentry Portfolio Management platform from Broadridge Financial Solutions. Broadridge says this will enable Silverview to achieve greater operational efficiencies and increase transparency in its portfolio management activities for its direct lending business.
Centralis selects Fenergo for CLM
Luxembourg-based Centralis Group, an alternative asset and corporate services provider, is adopting Fenergo CLM to streamline client and investor onboarding processes. Fenergo is a provider of digital client lifecycle management, KYC and transaction monitoring solutions.