IQ-EQ, the Luxembourg-based investor services group, has named Bram Eijsbouts as its new chief commercial officer (CCO) for Luxembourg. Having joined IQ-EQ in 2020, he has been promoted from his previous role as head of business development for Luxembourg.
Category: Headlines
SG signs with Saphyre
Saphyre, the U.S.-based fintech company focused on pre-trade setups and post-trade issues, has signed up Société Générale’s global markets division for new fund onboarding and maintenance. SG has been collaborating with Saphyre on STP of account setups to speed the time to market in order to provide immediate liquidity as well as seamless post-trade allocations…
Highvern receives TCSP authorisation
Highvern, the C.I.-based administrator, has received Trust and Company Service Providers (TCSP) authorisation for its Ireland operation. This will allow the business to engage with a wider range of clients, offering a suite of corporate administration services to section 110 and SPV structures across debt, capital markets, real estate, infrastructure, private equity, aviation, and other…
PFS hires new director of sales
Pacific Fund Systems, an Isle of Man-based provider of fund administration software, has hired Jesper Steiness as director of sales. Based in Denmark, he will work closely with Kelly Ashe, head of sales and marketing, and the wider PFS team in promoting PFS’ software, including PFS-PAXUS, PFS-CONNECT and PFS-CLOUD to fund administration companies globally. He…
State Street wins NB ETFs
Neuberger Berman, the U.S.-based independent investment manager, has launched its first-ever actively managed ETFs. Managed by Neuberger Berman, the ETFs are an extension of the firm’s thematic equity investment capabilities utilising traditional fundamental equity research along with alternative data capabilities and consideration of material ESG factors. Each fund has selected State Street as custodian for…
Apex acquires U.S. tax specialist
Apex has acquired a majority shareholding in FTS, a U.S.-based tax services firm serving clients in the alternative investment and family office sectors. FTS provides tax planning, tax compliance, and tax structuring for private equity funds, and real estate funds. This dedicated tax offering complements Apex’s existing range of U.S. tax preparation services and support,…
Universal to establish ManCo for BVK
The Universal Investment Group will establish a dedicated ManCo for Germany’s largest public pension group, Bayerische Versorgungskammer (BVK). The purpose of the new company, which will operate under the name of UI BVK KVG, is to bundle BVK’s funds with the support of Universal Investment’s team. Over the medium term, UI BVK KVG will hold…
Another senior manager leaves BBH
Mark Chessler has joined Alter Domus as a senior manager, based in the U.S. Chessler was previously at BBH, working in the alternative investments product group, and has also worked for State Street.
State Street launches fund trading in Mexico
State Street has launched an integrated fund trading solution, alongside its custody offering, for clients in Mexico. The secure online platform will allow for access to a broad range of investment funds in collaboration with Clearstream’s Vestima platform, providing fund order services through a single-entry point. The service will support connectivity with a range of…
Saphyre hires industry heavy-hitter as COO
Saphyre, Inc., a U.S.-based fintech that leverages patented AI technology to structure all pre-trade data while eliminating post-trade inefficiencies, has hired Ray Shivers as its new chief operating officer. Shivers was formerly COO of global investment operations at BlackRock and, most recently, COO of Lincoln Investment.