Apex has agreed to acquire Retransform from The Annet Group. Retransform is a global real estate service provider offering technology solutions and managed services to commercial, retail, residential and corporate real estate clients. Apex and Annet are also establishing a joint venture to develop software in the areas of data analytics, valuation, and digital twins…
Category: Alts
Apex hires for RA sales
Alexander Wedlich has joined Apex as continental Europe head of sales for real assets, based in Luxembourg. He joins from AssetMetrix.
BTC hires Apex for energy fund
Apex has been appointed by BTC Investment Group to provide fund services to its Argento Energy Fund LP. The fund was launched by BTC in 2022 to manage investments in the U.S. onshore oil and gas industry. BTC is the family office of Benjamin Salinas, and is organised as a Mexico-based multi-strategy investment management fund,…
New head of fund accounting at BNY Mellon
Dermot Finnegan has been appointed global head of fund accounting for BNY Mellon’s asset servicing business. He relocates to New York, having previously worked for the bank in Ireland. He replaces Allen Cohen, who has taken on a new role as head of enterprise revenue and billing services.
JTC hires from Sanne
JTC, the C.I.-based administrator, has hired Ashley Vardon as senior director within its fund services team, based in Jersey. He was previously at Sanne, the Apex-owned business, where he was head of private equity, Jersey.
Accelex enhances private debt reporting
Accelex, a UK-based fintech specialising in alternative investment data acquisition, reporting and analytics, has launched coverage of private debt and instrument-level data extraction for institutional investors and asset administrators. Investors in private market funds can now streamline data extraction for investments across multiple levels of the capital structure and across different funding rounds.
Arcesium links to Lionpoint
Arcesium, the U.S.-based administrator in which J.P. Morgan has a stake, has formed a partnership with Lionpoint Group, a global consulting firm focused on the alternative investments industry. The collaboration combines Arcesium’s technology with Lionpoint’s industry expertise to deliver enhanced operational efficiency and innovation for firms investing in private markets strategies.
Crystal opts for Geneva
Crystal Capital Partners, an alternative investment platform for financial advisors, has selected SS&C’s Geneva platform to further optimise its back-office processes. SS&C Geneva will streamline portfolio management and reporting across more than 500 customised portfolios to support further growth. Crystal Capital Partners’ platform enables advisors and their qualified clients to build diversified portfolios comprised of…
Arcesium partners with Confluence
Arcesium, the administrator which claims to have USD675bn AuA, and Confluence, a fintech solutions provider for the investment management industry, have formed a partnership to deliver an integrated data management and analytics solution for middle & back-office operations for asset managers, delivering workflow efficiency in performance, risk, and regulatory reporting. The offering will integrate Confluence’s…
SMDAM selects Burgiss
Sumitomo Mitsui DS Asset Management (SMDAM)—one of the largest asset management companies in Japan— has selected Burgiss, a provider of private capital data and analytics, as its long-term partner to help manage its growing business in alternative investments. SMDAM will deploy Burgiss’ portfolio management, transparency data, universe data, and investment book of record cashflow data…