UMB Fund Services has been appointed to provide fund administration services for Bow River Capital’s Evergreen Fund, a private equity fund that has been converted to a registered product.
Category: Headlines
U.S. Bank partners with Lumint for passive FX hedging
U.S. Bank has enhanced its suite of FX solutions with a new passive currency hedging service to support asset managers and asset owners. The new global currency management solution offers institutional investors an automated and scalable solution for portfolio and share class currency hedging with available look-through and index replication strategies. The tool is powered…
Vontobel signs for State Street Alpha
Vontobel Asset Management, the Swiss asset manager with CHF120bn (USD135bn) AuM, has signed a multi-year service agreement with State Street, under which Vontobel will deploy State Street Alpha, the integrated front-to-back investment servicing platform. The partnership will include front office technology, investment operation services, Alpha data services and liquidity risk solutions. Felix Lenhard, Vontobel COO…
Centaur adds two managers to U.S. PERE team
Centaur Fund Services, the Ireland-based provider of fund administration and fiduciary services for the alternatives sector, has appointed two managers to its U.S. private equity and real estate team. Grant Della Torre joins from MG Stover, and Kyle Solheim joins from SS&C.
Cecabank chooses Broadridge for global proxy voting solution
Cecabank S.A., one of the largest global custody banks in Spain, has selected Broadridge Financial Solutions, Inc., a fintech provider, for its global proxy voting solution.
Citi launches dynamic fund order processing service
Citi has launched a new service for advisor clients that automates the allocation of cash across a range of funds and manages all aspects of order processing between advisor clients and fund providers. With its Dynamic Allocation and Fund Order Processing service, a client can send an order through industry standard or proprietary messaging to…
Finian Power joins Prescient in Ireland
Prescient Fund Services (Ireland) Limited, an independent provider of ManCo, UCITS and AIFMD platform and fund administration services, has appointed Finian Power as head of investment manager oversight, based in Dublin. He joins from DMS Governance. Prescient’s Irish business recently reachedUSD4bn AuA across its traditional and alternative UCITS and AIFMD platform businesses.
Callum Runcie joins Coremont to head North America sales
Coremont, the UK-based provider of investment management support services, has appointed Callum Runcie as its senior sales executive for North America. Runcie joins from Options IT, where he was sales director, buyside. He previously worked for HSBC’s securities services business.
James Griffin to head global sales for SS&C’s Eze products
SS&C has appointed James Griffin to lead global sales for Eze Eclipse and Eze Investment Suite. Griffin joins from Orbital Insight, where he headed sales for the Americas.
Apex adds four seniors to corporate solutions business
Apex has made four senior appointments in its corporate solutions business. Frank de Wit joins Apex as head of corporate solutions Luxembourg, Claudia Bolanos as head of corporate services, APAC, based in in Hong Kong, and Stephen Reilly, head of corporate solutions, Jersey and Alice Read, commercial director, corporate solutions, both join Apex in Jersey.…