RBS International Depositary Services has been appointed as depositary for Beechbrook Capital’s new Luxembourg fund, Beechbrook Private Debt IV Senior SCSp. The appointment builds on the institutional banking provider’s relationship with Beechbrook Capital, following NatWest Trustee and Depositary Services securing the depositary role for Beechbrook’s UK SME Credit III fund earlier in 2022. Beechbrook Capital…
Category: Headlines
Euroclear plans to acquire Goji
Euroclear plans to acquire Goji, a UK-based provider of digital access and technology-enabled solutions for private markets, subject to regulatory approval. Goji serves nearly 30,000 investors from 80 investor jurisdictions, and is regulated by the FCA. Apex recently selected Goji for onboarding of alternatives clients.
CIBC Mellon partners with InvestorCOM
CIBC Mellon is collaborating with InvestorCOM Inc., a fintech focusing on the compliance disclosure needs of the financial services industry. Through this partnership, CIBC Mellon’s clients can now tap into InvestorCOM’s Publisher solution to ensure print-ready status of financial statements, create management reports for fund performance, and provide quarterly performance disclosure documents.
ClearLife appoints Equity Trustees for new fund
ClearLife Capital Pty Ltd, an Australian investment firm, has selected Equity Trustees as trustee for its new wholesale fund, the ClearLife Capital Opportunities Fund.The fund invests primarily in a portfolio of securities listed on the Australian and New Zealand stock exchanges, taking both long and short positions.
Jaid raises GBP3m
Jaid (formerly Opsmatix), a fintech providing AI-powered human communication solutions, has completed a GBP3m (USD3.1m) funding round led by Sure Valley Ventures, a VC firm that invests in early-stage software companies. Jaid provides AIaaS solutions to businesses to automate a variety of use cases, including client service automation, sales automation, payment exception processing, and claims…
BrightEdge appoints Apex
Apex has been appointed by by BrightEdge LLC, the impact investment and venture capital arm of the American Cancer Society (ACS) to provide fund administration services to the ACS Impact Venture Fund. BrightEdge invests in for-profit early-stage companies that are developing cutting-edge cancer-focused therapies, diagnostics, devices, and technologies. Financial returns generated from investments will be…
Ocorian hires MD for the Netherlands
Roel Langelaar has been appointed managing director of Ocorian (Netherlands) B.V. Based in Amsterdam, he will be responsible for client services, business development, relationship management, and risk and compliance in the Netherlands for Ocorian, the C.I.-based provider of fund administration, capital markets, corporate and fiduciary services. Langelaar was most recently managing director and jurisdictional head…
Taskize hires from Morgan Stanley
Taskize, the Euroclear-owned provider of inter-company workflow to the financial services industry, has hired James Pike as head of business development. Most recently, Pike was EMEA head of client operations and global head of institutional client services at Morgan Stanley.
HIGHVERN appoints CTO
HIGHVERN, the C.I.-based private wealth, fund and corporate administration provider, has appointed Tim McBain as group head of technology. He will oversee the implementation and integration of technology across the group’s offices, located in Cayman Islands, Guernsey, Ireland, Jersey, Switzerland the UK. McBain joins from Saltgate.
HSBC streamlines securities services governance
Following the recent changes in senior management, which saw Richard Godfrey depart and Sébastien Danloy installed as interim global head of securities services, HSBC’s securities services business is moving away from its sector structure and streamlining its governance framework. At the management level, the changes cover: Product: Suvir Loomba, previously head of direct custody &…