Vistra, the Singapore-based provider of advisory and administrative services, has entered into a Sale and Purchase Agreement (SPA) with MAS France, a French provider of domiciliation, administration and directorship services in the real estate and private equity sectors. This transaction will expand Vistra’s global footprint by entering the French market, making it the 47th jurisdiction…
Category: Independents
Crestbridge appoints head of Southampton
Crestbridge, the C.I.-based alternatives administrator, has appointed David Bridger as head of its Southampton, UK office. He will be responsible for overseeing and enhancing the operational expertise provided through the business’s expanding office in Southampton, Crestbridge’s central hub for specialist fund accounting, processes and development. Prior to joining Crestbridge Bridger worked for Aztec Group, overseeing…
IQ-EQ adds new fund to Launchpad
IQ-EQ has added a new participant to its Launchpad programme: Impact Fund for African Creatives (IFFAC). The first of its kind, IFFAC is an impact investor focused on identifying and supporting top creative talent in Africa. IFFAC’s mission is to empower the creative sector of Africa through structuring, facilitating and enabling entities in the creative…
IQ-EQ hires MD for Jersey
IQ-EQ, the Luxembourg-based administrator, has appointed Nicola Gott as managing director of its Jersey business. Prior to joining IQ-EQ, she was MD of Oak Group in Jersey.
Aztec launches onboarding solution
Aztec, the C.I.-based administrator, has launched Aztec Verify, a client onboarding service. Aztec Verify is an integrated solution that streamlines the due diligence and verification process for new client onboarding.
IQ-EQ supports French VC start-up
As part of its Launchpad initiative, IQ-EQ is supporting Fost Capital, a start-up French manager, with the launch of its maiden fund. Fost Capital is a female-led venture capital fund focusing on regulated businesses in areas such as fintech, legaltech and insurtech. Launchpad aims to rebalance the gender imbalance in the global asset management industry…
Broadridge hires from HSBC
Sian Young has joined Broadridge as director, account management, based in the UK. She previously spent 15 years at HSBC, most recently as a senior account manager working with asset owners and managers.
Formidium launches RE service
Formidium, the U.S.-based administrator (formerly Sudrania), has entered the real estate fund administration space. Leveraging its Seamless Drawdown software application, Formidium has developed Seamless Real Estate, a real estate fund accounting platform. Seamless RE’s capabilities include property-level operational and financial data integration, a general ledger accounting system which includes automated waterfall calculations, customised reporting capabilities,…
3iQ partners with Coinbase and Tetra Trust
3iQ Digital Asset Management has joined forces with Coinbase and Tetra Trust Company in an effort to expand the exchange-traded product ecosystem for digital assets in Canada and generate further interest from the investment community. As part of the agreement, Coinbase and Tetra will act as custodians for 3iQ’s ETPs, including the 3iQ CoinShares Bitcoin…
JTC supports new RE fund
JTC has been appointed to provide fund administration services for Avistone’s Strategic Fund I. Founded in 2013, Avistone is a commercial real estate investment firm specialising in the acquisition and operation of multi-tenant industrial and hotel properties. To date, Avistone has acquired and managed more than 4m square feet of flex/industrial properties and more than…