Category: Alts

MUFG Investor Services has opened an operation in Kuala Lumpur, Malaysia, providing fund accounting, administration and asset servicing. Puneet Gupta has been appointed head of Malaysia, joining from Kimberly Clark, where he was director of global business services, responsible for the APAC region.

BNP Paribas has been appointed to provide depositary and global custody services for the newly launched Growth Fund Germany, a development of the Future Fund (Investment Fund for Future Technologies) from the German government and KfW Capital. With a final closing amount of c. EUR1bn (USD1bn), the growth fund aims to enhance financing opportunities for…

SIX Digital Exchange (SDX), the crypto service and infrastructure provider owned by SIX Group, has formed an alliance with DLT Finance, a BaFin-licenced trading and brokerage firm, to expand their institutional crypto services. SDX will assume the roles of custodian and staking provider, while DLT Finance’s subsidiary, DLT Securities GmbH, will serve as a fully…

SmartStop Self Storage REIT, a self-storage company, has selected SS&C to provide transfer agency services for all of its sponsored REITs. SS&C will handle account owner recordkeeping, transactional activity, new investor onboarding and distribution. SmartStop is the largest public non-traded self-storage REIT in the U.S., with >USD2.9bn in assets.

Daniela Klasen-Martin has been named head of RBS International Luxembourg. She will join in February 2024, subject to regulatory approval. She replaces Ian Harcourt, who became RBS International’s country head Luxembourg in 2018. Klasen-Martin was previously CEO of Credit Suisse Fund Management and head of fund platform services. Before that, she worked at private equity…

Imperium, the C.I.-based fund administrator, has appointed Andy Hatton, Colette Taylor and Charlotte Parr to the Imperium Fund Services Limited board of directors. Colette Taylor is Imperium’s head of fund accounting, whilst Andy Hatton and Charlotte Parr are both client services directors.

JTC, the C.I.-based fund and corporate services business, has agreed to acquire Blackheath Capital Management LLP, an asset management business based in the UK. The transaction is subject to various closing conditions and final regulatory approvals and is expected to close during Q1 2024. Formed in 2010, Blackheath provides bespoke management and regulatory oversight services…