LemonEdge, the UK-based platform provider for private markets fund and portfolio accounting, has promoted Angus Armstrong to chief technology officer. He was previously development director.
Category: Alts
Ocorian hires head of funds BD
Ocorian, the C.I.-based administrator, has appointed Paul Spendiff as head of business development, global funds. He joins from FundRock, an Apex company, where he was global head of strategic development.
Yarra appoints Apex
Apex has been appointed by Yarra Capital Management to support the Yarra Private Capital Discovery Fund. Yarra Capital Management is one of Australia’s largest independently owned, active fund managers, with c. AUD19bn (USD13bn) AuM. Apex has been appointed to provide fund administration, transfer agency and custody services for the closed-ended vehicle.
Link in talks with Waystone
Link Administration Holdings Limited, the ASX-listed administrator, has released an update on the progress of the sale of its Fund Solutions business and in relation to ongoing negotiations with the UK Financial Conduct Authority. “Link Group is in exclusive negotiation with the Waystone Group in respect of the sale of the whole of its FS…
Apex appoints head of Dallas
Apex has appointed Pamela Goldminz as office head, Dallas. She joined Apex in 2022 following the acquisition of Texas-based SandsPoint Capital Advisors LLC, a provider of advisory and consultancy services to alternative asset managers.
Crestbridge hires two for Lux
Crestbridge, the C.I.-based alternatives administrator, has made two appointments in its Luxembourg office. Teodora Croitoru has joined as head of compliance, fund services, while Emmanuelle Poret has taken on the role of head of client onboarding, fund services & ManCo. Croitoru joins from Intertrust, and Poret was previously at Ocorian.
Apex appoints Jersey head
Apex has appointed Alice Read as country head, Jersey. She will report to James Burke, regional head of Northern Europe and Channel Islands. Read joined Apex in 2021 as commercial director. She previously held roles with Intertrust as director of corporate services, Jersey and managing director, Dubai.
Waystone appoints new CRO
Waystone, the Ireland-based service provider to the investment management industry, has appointed Des Johnson as global chief revenue officer. Johnson, who is based in the U.S., was previously CEO for The Americas at Centaur, which Waystone recently acquired. Johnson joined Centaur in 2017 after a long career at Citi and a brief spell at SS&C.
Century implements loan servicing platform
Century Health & Housing Capital, LLC, a US-based provider of government-insured Federal Housing Administration (FHA) mortgage financing, has implemented SS&C Precision LM, SS&C’s loan servicing platform. SS&C Precision LM automates many loan servicing functions, including new loan onboarding, running amortisation schedules, setting up escrow and reserve accounts, escrow analysis, and generating monthly invoices. Century will…
Socium hires CRO from Apex
Socium Fund Services, the U.S.-based administrator which is owned by C.I.-based Suntera Global, has appointed Jason Meklinsky as chief revenue and strategy officer. He will oversee the business development, client services and product development teams in the U.S. and Cayman offices. Most recently, Meklinsky served as head of business development, hedge funds, private equity, real…