LemonEdge, a UK-based fintech, has been selected by Sycamore Partners to provide its low-code API. LemonEdge software will help Sycamore to offer more flexibility, real-time investor reporting, and operational efficiencies.
Category: Independents
Axiom deploys Accelex
Accelex, the UK-based data acquisition, analytics and reporting solution for private markets investors and asset servicers, has been appointed by Axiom Asia Private Capital to provide its SaaS solution in support of its private equity investment data extraction activities. Axiom Asia currently manages nine private equity funds, with total commitments of over USD7bn.
Bitwise selects SS&C
Bitwise Asset Management, a crypto index fund manager with AuM of USD1.3bn, has selected SS&C’s Eze Investment Suite to support its trading operations. Eze Investment Suite will support trading, portfolio management, compliance and operations.
UI completes takeover of EFA
Universal Investment Group, the Germany-based administrator, has completed the acquisition of Luxembourg-based financial services provider European Fund Administration S.A. (EFA). The agreement has recently been approved by CSSF, the Luxembourg financial regulator. EFA will act as the group’s international investor services platform. EFA and Universal Investment Luxembourg will continue as separate entities and will be…
GenTwo appoints EDB
European Depositary Bank, the Apex-owned provider of banking, paying agency, depositary and custody solutions, has been appointed to provide paying agent and banking services for third party investors to GenTwo. Zurich-based GenTwo creates securitisation platforms for asset managers, banks, family offices and venture capital investors, enabling professional investors to invest in bankable and previously non-bankable…
ZEDRA gets green light for Atlas takeover
ZEDRA, the Switzerland-based administrator, has received regulatory approval from the Central Bank of Curaçao and Sint Maarten for its acquisition of Curaçao and U.S.-based Atlas Fund Services, a privately held alternative investment fund administrator.
SS&C hires CIO for GIDS business
Declan McCarthy has joined SS&C as CIO, global investor & distribution solutions in Europe. He is based in Dublin. McCarthy previously spent nearly 12 years at State Street, most recently as global head of IT relationship management.
Apex wins GCC PE mandate
Apex has been appointed by Aliph Capital, the Middle East’s first female-led private equity firm, to provide fund administration services to Aliph Fund I (LP), which will focus on acquiring sizeable, active positions in privately owned mid-market companies across the GCC.
XP selects SS&C for trade management
XP Investments US, a subsidiary of XP Inc., a financial services provider based in Brazil, has chosen SS&C’s trade management solutions to optimise its operations. The firm will use a combination of SS&C MarketTrader and SS&C Eze EMS as its sell-side order and execution management platform. The solution allows XP to run real-time trade cost…
IQ-EQ supports new Ansor fund
Ansor, a private equity firm based in London, has completed a first close of its second fund withGBP63m (USD70m) of commitments, with administrative, compliance and regulatory support provided by IQ-EQ. IQ-EQ has been supporting Ansor since the launch of its first fund, Ansor Fund I, in 2019.