Ashford Inc., a U.S.-based real estate investment fund sponsor, has appointed Phoenix American to provide agent and back-office operational services.
Category: Headlines
Blume appoints IQ-EQ
Blume Equity, a European climate-tech growth investor, has appointed IQ-EQ to support its maiden fund launch. IQ-EQ Luxembourg will support the new fund with administration, depositary and ManCo services under AIFMD. The team will also provide the GP with a range of corporate services. In addition, IQ-EQ’s UK business is providing regulatory hosting services.
Accelex partners with qashqade
Accelex, a SaaS platform provider specialising in alternative investment data management, has established a partnership with qashqade, a Switzerland-based software solution provider that enables private capital allocators and asset servicers to automate their waterfall and valuations workflows. The partnership will allow clients of both firms to leverage an end-to-end solution, from the automated extraction of…
DWS moves ETFs to Clearstream
DWS, Germany’s largest retail asset manager, has migrated its Xtracker I and II range of ETFs to an international issuance and settlement structure through Clearstream. Xtrackers are DWS’s range of ETFs ad ETCs listed across 11 exchanges, covering core benchmarks, ESG, emerging markets, currencies, strategic beta and commodities.
State Street and BBH call off deal
State Street and Brown Brothers Harriman have agreed to terminate State Street’s proposed acquisition of BBH’s investor services business. In a statement, State Street said: “After consideration of both regulatory feedback and potential transaction modifications to address that feedback, State Street has determined that the regulatory path forward would involve further delays, and all necessary…
Northern Trust partners with Saphyre
Northern Trust and Saphyre have automated the account opening process for clients of Northern Trust’s investment operations outsourcing business. The two firms collaborated on the solution, which provides a dynamic middle-office function to increase transparency and efficiency for events including account setup, account maintenance and asset transfer requests.
Napier expands to Japan
Napier, the UK-based financial crime fintech, has struck a partnership with GRCS, a Japan-based firm, to make Napier Continuum, its end-to-end financial crime risk management platform, available in the Japanese market. GRCS provides expertise and solutions in governance, risk management, compliance, and security to regulated Japanese firms. The partnership with Napier will see GRCS reselling,…
Symphony acquires Amenity
Symphony, a UK-based fintech, has acquired Amenity Analytics, a natural language processing data analytics solution providing actionable insights to portfolio managers, research professionals, analysts and other financial markets participants. This acquisition will enhance Symphony’s markets strategy with highly relevant data and business insights use cases, including ESG capabilities.
Altum supports HackCapital
Altum Group, a C.I.-based provider of fund, corporate, and family office solutions, has assisted HackCapital with the launch of its securitisation platform in Luxembourg. HackCapital is building an impact-investment marketplace that provides access to venture capital and accelerates investment into food, climate and health solutions globally.
Sionic hires Sascha Calisan
Sionic, a UK-based consultancy, has appointed Sascha Calisan as a director in its asset management practice, where she will lead the firm’s distribution services capability. Calisan was previously head of fund distribution support at Northern Trust.