TMF Group, the Netherlands-based investor services provider, has received an investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). ADIA becomes a new investor alongside TMF’s existing backer, CVC Capital Partners.
Category: Independents
Crestbridge hires new Lux country head
Crestbridge, the C.I.-based administrator, has appointed Anne Catherine Grave as country head for Luxembourg. Prior to joining Crestbridge, Grave was the partner in charge of corporate secretarial services at Deloitte in Luxembourg. She has over 20 years’ experience in the private equity and real estate sectors.
Petra opens in London
Petra Funds Group, a U.S.-based independent private funds administrator with >USD40bn AuA, has opened a London office, which will be led by former Riverstone European general counsel and head of ESG, Charlie Chipchase. He will focus on expanding Petra’s European footprint. Petra has also hired Louis Sweeney as its director of compliance. Prior to joining…
Crestbridge supports UK venture debt fund launch
Crestbridge, the C.I.-based administrator, has provided administration services through its UK operation to support the recent first close of Shard Credit Partners‘ inaugural technology-focused venture debt fund. The Venture Debt Fund I secured GBP16.5m (USD19.7m) in commitments from UK and European institutional investors, alongside UK technology industry entrepreneurs, and will make investments in senior secured…
Skeels joins SS&C
Justin Skeels has joined SS&C as director of business development, based in Boston. He joins from BNY Mellon, where he spent nearly five years.
AdvancedAIS adds new Titan user
Advanced Alternative Investment Systems, a Canada-based platform provider for hedge funds, fund administrators, private equity and other investment firms, has signed Borderless Capital as a client using its Titan platform. Borderless Capital is a blockchain VC firm.
Equity Trustees signs tech deal with TrustQuay
TrustQuay, the UK-based technology provider to the corporate services, trust and fund administration markets, has signed a technology agreement with Equity Trustees, the Australian independent trustee company. Under the deal, Equity Trustees will centralise its trustee and wealth services (TWS) business – which includes charitable and community trusts, and executor and trustee services for individuals…
IQ-EQ hires industry veteran for senior Asia role
IQ-EQ, the Luxembourg-based investor services provider, has hired Rajindar Singh, who joins the Singapore business as client services director, a newly created position. Before joining IQ-EQ, he was head of business development for Amicorp Fund Services in Singapore. His focus will be on delivering superior service and value to fund and asset manager clients across…
Oak appoints Jersey MD
Oak, the C.I.-based administrator, has appointed Jo Gorrod as managing director, Jersey. She joined Oak in 2018 as client services director, having previously held the same position at Equiom Group.
Momentum consolidates P&A with SS&C
Momentum Investments, part of the Momentum Metropolitan Group, has selected SS&C Sylvan to help streamline its investment performance measurement activities and support its future growth. Momentum Investments is one of South Africa’s leading investment management businesses, serving retail and institutional investors, with AuM/A of over ZAR550bn (USD41bn).