State Street has been appointed by Australia-based Mercury Capital as fund administrator for the Mercury Capital Fund twenty2. The AUD1bn (USD690m) fund completed its fund raising and closed on June 30 to launch what is Mercury Capital’s fourth private equity fund since its inception. Mercury Capital Fund twenty2 will focus on mid-market private equity transactions…
Category: Headlines
LGT CP expands relationship with Accelex
Accelex, a UK-based SaaS platform for alternative investment data management, has expanded its collaboration with LGT Capital Partners to support the processing of a new document category: fund financial statements. Accelex will provide support to LGT CP to automatically extract financial and non-financial metrics from these documents, supporting a range of additional investment use cases…
Enfusion launches OEMS
Enfusion, a U.S.-based provider of cloud-native SaaS solutions for investment managers, has launched Enfusion Express, a lightweight yet institutional-grade SaaS order and execution management system tailored specifically to the needs of smaller fund managers, typically with less than USD100m AuM. Enfusion Express enables smaller managers who have limited resources but comprehensive requirements to access advanced…
Apex partners with AlphaCentrix
Apex has partnered with, AlphaCentrix to enable the delivery of data management solutions to its clients. Under this partnership, Apex will integrate two AlphaCentrix apps into its client offering: AlphaFuse and AlphaSpring, which provide a flexible workflow orchestration designer, as well as user-friendly client facing dashboards and analytics. U.S.-based AlphaCentrix provides data management solutions to…
Sanne reports record new business wins
Days before its takeover by Apex is scheduled to be considered by the Royal Court of Jersey, Sanne, the UK-listed provider of alternative asset and corporate services, has reported a record level of new business wins for H1 2022. The annualised value of new business wins in the period was up 24.8pct on the same…
Apex to support EQONEX Lux platform
Apex has been appointed to provide corporate, administrative and trustee services to the Luxembourg platform of EQONEX Limited, the NASDAQ-listed digital assets financial services company. Apex will provide SPV administration and trustee services for the platform. EQONEX provides institutional grade infrastructure and a suite of trading, custody and asset management solutions to clients. EQONEX’s ecosystem…
Opsmatix rebrands
Opsmatix, a UK-based fintech providing AI-powered human communications solutions, has rebranded as Jaid. The new corporate identity follows the appointment of Dan Kramer as CEO in April 2022. It The company will trade as Jaid, with the official company records remaining as Opsmatix Systems Limited.
Aztec supports Advent’s 10th PE fund
Aztec Group, the C.I.-based administrator, has supported Advent International with the fundraising activities and final close of its 10th global private equity fund, Advent International GPE X. Raising USD25bn in commitments after less than six months in the market, it marks Advent’s largest-ever fundraise and brings the firm’s AuM to over USD100bn. Aztec Group supported…
TMF adds new backer
TMF Group, the Netherlands-based investor services provider, has received an investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). ADIA becomes a new investor alongside TMF’s existing backer, CVC Capital Partners.
Renard to replace Senanayake at BP2S
BNP Paribas Securities Services has appointed Luc Renard as head of securities services for Southeast Asia. He replaces Diana Senanayake, who has left the bank. Renard has worked for BP2S for 20 years, spending the past 12 years in Singapore, Australia and Hong Kong. Based in Singapore, He will report to Franck Dubois, head of…