Nick Sylvester has joined Metaco, the Swiss-based digital assets service provider, as global head of partnerships. He was previously global partner director at LSEG.
Category: Alts
SEBA Bank hires APAC CEO
SEBA Bank, the Swiss-based crypto bank, has appointed Amy Yu as CEO of its APAC division. Yu will initially be located in Singapore. SEBA Bank recently opened a Hong Kong office. She previously worked at Genesis as APAC head of sales. Prior to her move into the digital assets space, Yu supported the development of…
Crestbridge appoints U.S. tax director
Crestbridge, the C.I.-based alternatives administrator, has appointed Anthony Yabut as director of tax in the U.S. He is responsible for leading the development of tax services for U.S. clients, including tax compliance, planning services and consulting on fund formations. He will be based in the New Jersey office, which Crestbridge opened in 2020. Yabut was…
Jersey establishes new LLC structure
In an effort to close the gap with other offshore centres, the States of Jersey (Channel Islands) has passed legislation for a new LLC structure that aims to improve connectivity between the jurisdiction and U.S. alternative fund managers, providing enhanced options for U.S. managers looking to structure European-focused funds. The new LLC structure, which comes…
Copper hires from LSEG
Ben Lorente has joined Copper.co, the UK-based digital assets service provider, as head of alliances and partnerships. He previously spent more than five years at LSEG, most recently as global head of strategic partnerships.
Ocorian hires head of global funds for Lux
Ocorian, the C.I.-based administrator, has appointed Peter Corry as head of global funds, Luxembourg. He joins from IQ-EQ where he spent the last three years as country delivery director for its Luxembourg operations. Prior to this, he was managing director of State Street’s private equity and real estate fund administration business in Luxembourg.
BNY Mellon appoints Caroline Butler as CEO of digital assets
BNY Mellon has appointed Caroline Butler as CEO of digital assets. Butler joined BNY Mellon in 2020 as global head of custody after nearly two decades at J.P. Morgan. As the CEO of digital assets, she will continue to report to Roman Regelman, CEO of securities services and digital. As CEO of custody services, she…
Crestbridge adds to RE team
Crestbridge, the C.I.-based alternatives administrator, has appointed Tawanda Mberi as an associate director within its real estate funds team. With almost 15 years’ experience in international financial services, Mberi has worked at a number of firms in both the C.I. and Zimbabwe. Most recently, he worked at Alter Domus where he oversaw a portfolio of…
Zodia moves into Japan with SBI
Zodia Custody, the UK-based crypto asset servicing provider for institutional investors, and SBI Digital Asset Holdings Co., Ltd. have entered into definitive agreements to launch a joint venture in Japan. Subject to anti-trust and foreign direct investment clearances, and licences from the Japanese regulator, the Financial Services Agency, the joint venture will act as a…
Ultimus hires senior from SEI
Ultimus Fund Solutions, the U.S.-based provider of full-service administration, fund accounting, middle office, and investor solutions to traditional and alternative investment managers, has appointed James Cass to head up Ultimus LeverPoint Private Fund Solutions (ULP). Cass, who recently led SEI Investments’ alternative investments fund administration group, has assumed the role of president of ULP. Thomas…