Ocorian, the C.I.-based provider of corporate and fiduciary, fund administration, and capital markets services, is strengthening its U.S. capital markets team with the appointment of Anton Britton as head of business development, capital markets, based in New York. He was previously at Northern Trust, where he worked in the private markets administration business.
Category: Alts
SG-FORGE obtains DASP status
Société Générale – FORGE, a subsidiary of the Société Générale Group dedicated to crypto assets activities, has obtained regulatory approval as a Digital Asset Service Provider (DASP), or Prestataire de Service sur Actifs Numériques (PSAN), with the Autorité des Marchés Financiers (AMF). The move anticipates the implementation of the European MiCA regulation, which aims to…
Ardian appoints CACEIS for new fund
Ardian, the France-based private equity manager, and Eight Advisory, a specialist financial advisory firm, have appointed CACEIS to provide custodian and registrar services for the Booster Fund, launched in March this year. With an initial size of EUR1m (USD680K), the Booster Fund supports female entrepreneurs aged over 45.
Gen II expands in Denver
Gen II Fund Services, the U.S.-based private capital fund administrator with USD900bn AuA, has move to a new Denver office. Gen II plans a significant expansion of its workforce in the Denver area. The new office will be the site of Gen II’s global training centre of excellence.
Alter Domus promotes Summonte
Alter Domus has appointed Angela Summonte as group director, key accounts, based in Luxembourg. Summonte joined Alter Domus in 2021 from BNP Paribas.
Sidra expands Apex relationship
Sidra Capital has expanded its relationship with Apex, which will now provide fund administration, directorship and corporate secretarial solutions. Saudi-based Sidra Capital is a Shari’ah compliant asset manager, licensed by the Saudi Capital Market Authority, that focuses on income generating real estate and private finance strategies. Sidra has partnered with Apex as its preferred service…
IQ-EQ appoints France CEO
IQ-EQ, the Luxembourg-based investor services provider, has appointed Bertrand d’Anselme as the new CEO of IQ-EQ France. He joins from BNP Paribas, where he was most recently head of listed and OTC derivatives clearing services, Asia Pacific, based in Singapore.
Gen II to buy Crestbridge PA business
Gen II Fund Services, a U.S.-based independent private capital fund administrator, has signed a definitive agreement to acquire the private capital administration business of Crestbridge, a UK-based provider. The transaction is expected to close following customary regulatory approvals. Terms of the transaction were not disclosed. Crestbridge Family Office Services, which is not part of this…
MUFG to boost banking solutions
MUFG Investor Services, which has USD770bn AuA, plans to expand its banking solutions to address client demand for payment and cash management services. To support this strategy, Adil Rehman has been appointed managing director, global head of payments and liquidity. Rehman was most recently international head of transaction banking at Goldman Sachs.
Northern Trust builds links with Singapore digital think tanks
Northern Trust, the National University of Singapore’s School of Computing (NUS Computing) and Asian Institute of Digital Finance (NUS AIDF) have embarked on a series of research and industry development initiatives to advance efforts to define the future of blockchain for institutional investors. The partnership includes: A joint research project on custody in the age…