Paloma Partners, a U.S.-based hedge fund manager, has appointed SS&C GlobeOp for fund accounting, administration and regulatory services, using SS&C Geneva as the general ledger accounting platform. Paloma manages approximately USD4.8bn.
Category: Headlines
SS&C changes Eze leadership team
SS&C has made changes to the SS&C Eze organisation and executive leadership team. Michael Hutner, currently global head of sales, will lead the business as general manager of SS&C Eze. Under the new structure, Hutner will report to Robert Roley, senior vice president, SS&C. He replaces Jeff Shoreman, who is leaving the company. Additionally, Mike…
U.S. Bank joins CREST with BNP Paribas as sponsoring member
U.S. Bank has been authorised by CREST, the UK-based central securities depository, to operate as a direct participant in the UK and Irish markets, with BNP Paribas serving as sponsoring member. Earlier this year U.S. Bank appointed BNP Paribas as its European regional custodian for 11 markets, in addition to the UK and Ireland.
Ocorian hires Lynda O’Mahoney in Dubai
Ocorian, the C.I.-based administrator, has hired Lynda O’Mahoney as a director in Dubai. She will focus on private clients, corporates, asset managers, institutions and government entities across the GCC countries. She joins from Apex Group and has lived in Dubai for over 16 years.
BNP Paribas takes stake in Allfunds
BNP Paribas and Allfunds have entered into an agreement to create a global fund distribution and wealth technology platform. The transaction, which will see BNP Paribas Securities Services and BNP Paribas Asset Management receive together a stake of 22.5pct in Allfunds, is subject to regulatory approvals and required consultations. It is expected to close before…
Apex wins RE admin mandate for Assembly in Australia
Apex has been appointed by Assembly Funds Management and AMAL Trustees to provide fund administration services for the Australian Diversified Property Fund 1. The fund was launched with an initial AUD150m (USD100m). Assembly will pursue real estate investment opportunities across Australia and New Zealand, targeting a range of property assets including office, logistics, residential and…
Felix Deng to run new Shenzhen office for Intertrust
Intertrust has opened a new office in Shenzhen. Intertrust already has 230 professionals across Hong Kong, Shanghai, Beijing and Guangzhou. Felix Deng, associate director of business development at Intertrust China in Shanghai, will oversee the Shenzhen office and lead the team there.
Ocorian hires Pamela Valasuo to head Lux/Netherlands sales
Ocorian, the C.I.-based administrator, has hired Pamela Valasuo as head of sales for Luxembourg and the Netherlands. She joins from Intertrust, where she was a business development director in Luxembourg.
Calastone hires Dan Kramer as U.S.-based vice chairman
Calastone, the UK-based global funds network, has appointed Dan Kramer as vice chairman, to be based in the firm’s New York office. Kramer joins Calastone from BNY Mellon, where he was an EVP and chief client experience officer, managing all stages of the client experience across service, insight and strategy. Prior to this, he spent…
Vistra makes two senior appointments in UK
Vistra, the Asia-based trust, corporate services and fund administration provider, has announced two executive leadership appointments: William Douglas as chief commercial officer, and Derek Kemp as regional managing director of the UK, Ireland, Channel Islands, and the Middle East. Both are based in London, reporting to Alan Brown, CEO, and joining Vistra’s executive committee. Douglas…