JTC, the C.I.-based professional services provider, plans to acquire the Buck UK and European share plan administration and trustee businesses (Buck Share Plans) from Arthur J. Gallagher & Co, a global insurance brokerage, risk management and consulting services firm. Completion is subject to regulatory approvals. The acquisition will add 16 employees based in the UK,…
Category: Headlines
Amicorp hires for Lux
Amicorp Fund Services, the Hong Kong-based fund services group, has added Clive Short to its team in Luxembourg. Short, with nearly twenty years’ experience in managing or supporting pan-European PERE funds, joins the team as commercial director. Prior to joining Amicorp, he worked in investment management for Barings, Deutsche Bank and AXA Investment Managers, before…
Woodbridge appoints Equity Trustees
Woodbridge Capital, an Australia-based investment manager and non-bank lender, has appointed Equity Trustees as trustee of the Woodbridge Private Credit Fund. Earlier this year Equity Trustees was appointed as the Responsible Entity (trustee) for the Woodbridge Secured Income Fund.
BNY adds global head of marcom
BNY has appointed Steve James as global head of marketing and communications. He reports to Jayee Koffey, head of enterprise execution and chief corporate affairs officer at BNY. He joins BNY from Fannie Mae. Natalie Sunderland, who was chief marketing and communications officer, is leaving the firm. BNY also has a chief communications officer, Garrett…
Path Crypto appoints Gemini
Gemini, the digital asset service provider, has been appointed as the custodian for Path Crypto’s Managed Portfolios, a robo-advisor investment platform that offers tailored digital investment strategies for retail and institutional investors. Path Crypto, a registered SEC investment advisor, recently launched the Managed Portfolios program in the U.S. and has plans to expand internationally later…
Komainu appointed by Nasdaq
Nasdaq has appointed Komainu, the C.I.-based digital asset custodian, as a core custodian for its suite of crypto indices. This follows a similar arrangement between Nasdaq and Zodia Custody.
State Street promotes Ambrosius
State Street has appointed Joerg Ambrosius as president of investment services, State Street’s largest business. He will retain his current duties as chief commercial officer. The role has been vacant since COO & president Lou Maiuri left at the start of 2024.
Altum to merge with Elysium
Altum Group, a C.I.-based provider of fund, corporate, and family office solutions, has agreed to merge with Elysium Fund Management Ltd, a Guernsey-based provider of fund, corporate and professional services. Elysium will merge into Altum once the deal receives regulatory approval. The combined group will have more than USD40bn AuA, with over 200 employees across…
State Street launches Sharia services
State Street now offers Shariah-compliant global custody and fund administration services following the attainment of a Shariah-compliant certificate from Amanie Advisors Sdn. Bhd, a Shariah advisory firm.
Apex wins Africa fund
Apex has been appointed as AIFM and administrator of a fund aimed at supporting renewable energy infrastructure in sub-Saharan Africa. The Gaia Africa Climate Fund is targeting investment of up to USD200m.