Brijesh Patel has joined the private markets team at SS&C, based in the UK. He was most recently at Sanne (now part of Apex) and previously spent 15 years at State Street.
Category: Alts
Centralis appoints new CFO
Centralis, the Luxembourg-based corporate and fund services provider, has appointed Dermot Caden as its CFO. Caden has served as CFO for several private equity-backed businesses in the financial services and business services industries. Most recently, he was CFO for KB Associates, an Ireland-based ManCo that was acquired by Waystone in 2022.
IDR doubles in 2022
IDR, the Guernsey-based fintech focused on investor onboarding for private markets fund managers, has reported doubled revenue and global headcount during 2022. IDR connects nearly 40,000 investors – over 50pct of the world’s private markets investors – to 5,500 funds. The firm has a presence in 11 locations worldwide and works with some of the…
Langham Hall appoints four new partners
Langham Hall, the UK-based administrator, has appointed four new partners: Tom Chamberlain has been with Langham Hall since 2016. Based in Guernsey, he leads fund administration for a number of key private equity, real estate and debt fund clients. Eddie Lam has been with Langham Hall since 2012. Based in Hong Kong, he leads Asia…
Ocorian hires from SS&C
Ocorian, the C.I.-based administrator, has appointed Chris Bickley as business development director (funds). Based in London, he will cover all asset classes in private markets, with a particular focus on renewables and unlisted real estate. He joins from SS&C Technologies where he was a business development manager for private markets, covering private equity, real estate,…
Crestbridge appoints governance director
Crestbridge, the C.I.-based administrator, has appointed Marcelo Gazzi as director, institutional governance services. Governance services includes ManCo, director, client compliance, depository, trustee, Appointed Representative and Operator business units. Gazzi has spent the past 12 years working for HSBC in both the UK and Jersey, where he was most recently wholesale chief administration officer for HSBC’s…
Trident Trust appoints European director
Trident Trust, the U.S.-based administrator, has appointed Albert Cilia as European regional director. This is in addition to his current responsibilities as MD of Malta.
USAA Real Estate outsources admin
SS&C has signed an outsourced administration arrangement with USAA Real Estate, which acquires, develops, finances and manages real estate assets in North America and Europe. USAA Real Estate will outsource fund accounting and reporting functions, as well as property accounting of operating and under-development investments, to SS&C. USAA Real Estate will also transfer around 60…
HIGHVERN hires CTO from Saltgate
HIGHVERN, the C.I.-based administration services provider, has appointed Tim McBain as group head of technology. Most recently he held a similar position at Saltgate.
Apex to acquire PFS
Apex is to acquire Pacific Fund Systems (PFS), the Isle of Man-based fund administration software provider, from its co-founders and Pollen Street Capital. The acquisition follows Apex’s longstanding partnership with PFS through the use of PFS-PAXUS and will expand use of the technology platform to enhance the delivery of timely, accurate and independent portfolio accounting,…