Western Energy Regional Center (WERC) has appointed JTC Americas to provide services to support its second EB-5 offering, Western Energy Opportunities II. Since its inception in 2016, WERC has provided a platform for participants in the U.S. Immigrant Investor Program under the Employment-Based Preference 5 (EB-5) program, with a focus on oil and gas projects.…
Category: Independents
Alter Domus opens in Italy
Alter Domus, the Luxembourg-based provider of integrated solutions to the alternative investment industry, has opened an office in Italy. Christian Iuliano has been named country executive for Italy and will oversee Alter Domus’ initial corporate service offering in addition to its fund services solutions, which will be launched as its operations in Italy grow. Italy…
IQ-EQ appoints ESG director
IQ-EQ, the Luxembourg-based administrator, has appointed Lyons O’Keeffe to the newly created position of ESG director. He will be responsible for driving forward the next phase of IQ-EQ’s ESG service offering for clients, including enhanced ESG reporting and supporting clients with launching new ESG strategies, particularly across alternative asset classes. He joins from Legal &…
Sanlam consolidates with SS&C
Sanlam Life Insurance Limited, a member of the Sanlam Limited Insurance Group, the largest non-banking financial services group in Africa, and one of the largest life assurers in South Africa, has chosen SS&C to provide end-to-end capabilities to administer a broad range of multi-asset, multi-region product types for their individual retail investors. Glacier Financial Solutions…
FundRock wins Fundsmith distribution mandate
FundRock Management Company, the Apex-owned third-party UCITS ManCo and AIFM, has expanded its relationship with Fundsmith, the UK-based fund management company, to include distribution services. In addition to existing ManCo services, FundRock Distribution S.A. will now provide distribution services, enabling Fundsmith to distribute its funds in Europe. FundRock Distribution will provide specific resources and support…
Equiom hires new CEO
Equiom, the C.I.-based professional services provider, has appointed Jon Jennings as its new group CEO. He joins from JTC plc where he was group head of institutional client services. His appointment follows the recent announcement that funds managed by Alcentra have become the new majority owners of the group, and the appointment of Farah Ballands…
Equity Trustees selected by GQG
Equity Trustees, the Australian administrator, has been appointed Responsible Entity (trustee) by GQG Partners, a U.S. boutique global equity manager, for its new fund, GQG Partners Global Quality Dividend Income Fund.
State Street adds FundGuard to Alpha platform
State Street has selected FundGuard to deliver a strategic accounting solution for State Street Alpha. FundGuard is a scalable cloud-native investment accounting, fund accounting, and contingency NAV solution. The FundGuard accounting solution will be integrated for STP from portfolio management and trading in the Charles River Investment Management Solution through to custody and administration. A…
IDR hires veteran bus dev director
Stu Williams has joined IDR as business development director. Based in Boston, he will be responsible for the growth of IDR’s North American business. IDR provides a central, globally accepted and standardised way for private capital investors to onboard.
Aztec hires for banking & treasury
Paul Clohesy has joined Aztec Group as head of banking and treasury, based in its Jersey office. He joins from JTC, where he was treasury director.