Gryphon Fund Group, a U.S.-based fund administration firm with USD6bn AuA, has selected Linedata Mfact for fund accounting, NAV calculation and reporting.
Category: Alts
BBH to service Schroders ELTIF
Brown Brothers Harriman has been selected by Schroders Capital as central administrator and depositary bank for the launch of its first European Long-Term Investment Fund (ELTIF). Peter Arnold, COO of Schroders Capital, said: “We believe that a wider range of investors should have access to the opportunities that private assets can offer. BBH’s ability to…
BlueDrive selects Eze Eclipse
BlueDrive Global Investors LLP, a London–based investment firm, has selected Eze Eclipse as its front-to-back investment management platform.
SC signs MoU for Dubai digital custody
Standard Chartered Bank has signed a memorandum of understanding with the DIFC Innovation Hub to launch digital asset custody services in Dubai, powered by Zodia Custody.
State Street launches carbon asset service
State Street has launched a carbon asset servicing solution and depositary services to enable clients to integrate carbon-related assets into their portfolios. State Street aims to simplify the management of carbon assets for clients. Additionally, clients accessing the solution will be able to incorporate carbon assets into both existing ESG and non-ESG portfolios, using State…
Crestbridge hires Ireland compliance head
Crestbridge, the C.I.-based alternatives administrator, has appointed Paul Phelan as head of risk & compliance in Ireland. He will be responsible for risk, compliance and MLRO for Ireland. He was previously with Link Group.
SS&C hires from ICI for compliance role
SS&C has hired Joanne Kane as chief compliance officer for SS&C Global Investor and Distribution Solutions (GIDS) in the U.S. She will lead efforts to identify and support the complex compliance and risk management needs of SS&C’s registered fund clients in the U.S. Kane joins SS&C from the Investment Company Institute, an industry association representing…
Zodia raises USD36m
Zodia, Standard Chartered’s crypto custody business which is supported by Northern Trust, has raised USD36m as part of a Series A funding round led by SBI Holdings, a Japan-based venture capital fund manager. Standard Chartered remains the majority owner.
Goji appoints new operations director
Goji, the FCA regulated, UK-based fintech that offers investors digital access to alternative investments, has named Clémence Chorlay as its new operations director. Based in London, Chorlay was most recently fund operations manager at Moonfare, a digital investment platform for private equity. She also formerly worked at Euroclear, which acquired Goji in 2022.
Suntera adds to finance team
Suntera Global, the Isle of Man-based administrator with USD35bn AuA, has promoted Alex Noel to chief financial officer and hired Tom Cope as group head of finance. Noel was previously director of mergers and acquisitions, whilst Cope was previously head of finance at Sanne, the Apex-owned administrator.