Apex has been appointed by Participant Capital Advisors, LLC, a U.S.-based real estate investment firm, to provide fund and financial services. Participant is the affiliated asset management arm of Royal Palm Companies, which has developed more than 50 large-scale, mixed-use projects over 40 years. Apex will provide fund administration services to Participant Capital’s Luxembourg domiciled…
Category: Alts
Accelerate adds NFTs to Tetra mandate
Accelerate Financial Technologies Inc., a Canadian alternative investment solution provider, has acquired five non-fungible tokens for its Accelerate NFT Fund. The fund’s NFTs and cryptocurrency are held in custody with Tetra Trust Company, Canada’s first qualified custodian for cryptocurrency and digital assets. Tetra Trust is currently partnering with Ledger Enterprise to deliver a secure information…
METACO appoints chief sales officer
Craig Perrin has been appointed as chief sales officer at METACO, the Switzerland-based digital asset services provider. He joined METACO in 2021 from Standard Chartered Bank.
Opus hires BD director
Opus Fund Services, a U.S.-based fund administrator, has appointed Robert Ansell as director, business development. Ansell joins Opus from Birdsong Capital Management.
Blue Collective expands with Apex
Blue Collective, a U.S.-based venture capital manager with USD130m AuM, has expanded its relationship with Apex to include fund administration. Blue Collective was previously a tax compliance and planning client of FTS, a tax services provider in which Apex took a majority stake in 2022.
IQ-EQ hires Jersey risk & compliance head
IQ-EQ, the Luxembourg-based service provider, has appointed Jon Stevens as head of risk and compliance for its Jersey business. He was most recently director of policy at the Jersey Financial Services Commission.
Sycamore selects LemonEdge
LemonEdge, a UK-based fintech, has been selected by Sycamore Partners to provide its low-code API. LemonEdge software will help Sycamore to offer more flexibility, real-time investor reporting, and operational efficiencies.
Axiom deploys Accelex
Accelex, the UK-based data acquisition, analytics and reporting solution for private markets investors and asset servicers, has been appointed by Axiom Asia Private Capital to provide its SaaS solution in support of its private equity investment data extraction activities. Axiom Asia currently manages nine private equity funds, with total commitments of over USD7bn.
Bitwise selects SS&C
Bitwise Asset Management, a crypto index fund manager with AuM of USD1.3bn, has selected SS&C’s Eze Investment Suite to support its trading operations. Eze Investment Suite will support trading, portfolio management, compliance and operations.
GenTwo appoints EDB
European Depositary Bank, the Apex-owned provider of banking, paying agency, depositary and custody solutions, has been appointed to provide paying agent and banking services for third party investors to GenTwo. Zurich-based GenTwo creates securitisation platforms for asset managers, banks, family offices and venture capital investors, enabling professional investors to invest in bankable and previously non-bankable…