Nick Emmins, a non-executive director of Lazards Fund Managers, has become an independent senior associate at Cooper Wood & Associates, the UK-based asset servicing consultancy. Emmins has previously worked at M&G, BNP Paribas Asset Management, RBC Investor & Treasury Services and Allfunds.
Category: Headlines
Intertrust granted ADGM licence
Intertrust Group, the Netherlands-based provider of fund and corporate services, has been granted an ADGM licence for its UAE office.
Alter Domus to add 100 jobs in Ireland
Alter Domus, the Luxembourg-based provider of corporate solutions for the alternative investment industry, has announced the creation of 100 new jobs at its European centre of excellence in Cork, Ireland. From Cork, Alter Domus operates a European hub for global private debt, private equity, real estate and infrastructure investors and managers.
Ultimus hires Joe Bree
Ultimus Fund Solutions has hired Joe Bree as a senior vice president in its business development team. Bree joins from Confluence and has also worked at U.S. Bank’s fund services business.
Chris Meader joins Sudrania
Chris Meader, founder of the North American Fund Administration Association, has joined Sudrania Fund Services as a senior vice president, based in the U.S.
Bill Muia joins SS&C
Bill Muia has joined SS&C as a director of business development, based in the U.S. He was previously at HSBC, and has also worked for RBC.
Langham Hall supports sale of Purdey Portfolio to Partners Group
Langham Hall, a UK-based administrator, has supported Paloma Capital LLP with the sale of its Purdey Portfolio to Partners Group for GBP253m (USD346m), and also established the acquisition structure in Jersey for Partners Group. Paloma Capital will stay on as co-investor and operating partner for the new structure, for which Langham Hall will provide ongoing…
Nykredit transfers depositary business to BNY Mellon
Nykredit, one of Denmark’s largest financial services companies, has agreed to transfer its depositary business to BNY Mellon. Working together since 2008, BNY Mellon has provided custody, and Nykredit depositary services, to a wide range of clients in Denmark. As part of the agreement, a small team of employees will transfer to BNY Mellon. The…
LACERA expands relationship with State Street
State Street has expanded its relationship with Los Angeles County Employees Retirement Association (LACERA). State Street will now provide additional solutions for performance and analytics, as well as alternative administration for LACERA’s real estate assets. LACERA, one of the largest county retirement systems in the U.S., is an independent government entity that administers and manages…
NES to administer PE fund for Participant Capital
NES Financial, the Silicon Valley-based administrator owned by JTC, has been appointed to provide private equity fund administration services to Participant Capital’s Legacy Fund, LP. Participant Capital is the private equity arm of Royal Palm Companies, a Florida-based real estate and development firm.