Formidium, the U.S.-based administrator, has appointed John Manley as its new chief marketing officer, based in Chicago. He was previously in private practice.
Category: Alts
Alter Domus expands in Lux
Alter Domus, the Luxembourg-based provider of fund administration, private debt, and corporate services, has opened a third Luxembourg satellite office in Wecker to serve cross-border team members based in Germany. The Wecker office has capacity for 24 employees, and follows the opening of satellite offices in Steinfort and Frisange earlier this year to cater for…
Vistra to acquire Lux ManCo
Vistra Fund Management, the Luxembourg-based third-party AIFM of Singapore-based Vistra Group, plans to acquire Kroll (Luxembourg) Management Company S.à r.l., a super ManCo with UCITs and AIF licences. The transaction is subject to regulatory approvals. Jan Vanhoutte will lead VFM’s expanded business as managing director. Anil Singh will continue with the business in a leadership…
Gen II hires bus dev MD
Gen II Fund Services, the independent private equity administrator, has hired Jeff Rosen as managing director of business development. Rosen joins from Ultimus LeverPoint, where he spent a year, and has also worked at Citco and Citi.
Langham Hall wins Farview mandate
Langham Hall, the UK-based administrator, has been appointed to provide administration and accounting services for the four deal structures of Farview Equity Partners from its Guernsey office. Langham Hall assisted Farview in transitioning structures from another administrator in 2022.
TMF implements Sentry PM
TMF Group, the Netherlands-based provider of compliance and administration services, has implemented Broadridge’s Sentry PM, a cloud-based private debt and CLO portfolio management solution. The platform will enable TMF to launch a new service offering for CLO administration, which it plans to bring to market in 2024.
DTCC completes Securrency deal
DTCC has completed its acquisition of Securrency, the digital assets fintech. DTCC has rebranded Securrency as DTCC Digital Assets, reporting into Lynn Bishop, chief information officer. The former CEO of Securrency, Nadine Chakar, has been appointed global head of DTCC Digital Assets.
SimCorp allies with Alloy
SimCorp, the investment management fintech owned by Deutsche Börse, and Alloy, a provider of institutional infrastructure and technology for digital assets investments, have formed a partnership to support SimCorp clients with managing digital asset investments. The partnership aims to enable mutual clients to manage digital assets, including cryptocurrencies, tokenized securities, and institutional decentralised finance within…
Ogier hires European fund admin head
Ogier Global, Ogier‘s corporate, fiduciary and fund administration services division, has hired David Fowler as European head of fund administration. He is based in the UK. Fowler was previously at Apex.
Industry mavens launch Alchelyst
A trio of industry veterans has launched a new administration service in Ireland. Alchelyst – which expects approval from the Central Bank of Ireland imminently – will focus on the alternatives sector, where the principals each have extensive experience. Joan Kehoe is CEO, Ian Lynch is chief commercial officer, and Brian Fitzgerald is COO. All…