Equity Trustees, the Australia-based provider, has been appointed as local Responsible Entity (trustee) by Foord Asset Management (Singapore) Pte. Limited. The new Foord Global Equity Australian Feeder Fund invests exclusively in the Foord SICAV, Foord Global Equity Fund (Luxembourg).
Category: Independents
EFA opens in Stockholm
EFA, the Luxembourg-based administrator with >EUR160bn (USD167bn) AuA, has opened a Nordic office, based in Stockholm. Having serviced Nordic asset managers for over 15 years, EFA sees this as the next step on its path to become the leading investor services platform in the Nordics. EFA has 450 employees in Luxembourg and Paris. Pending regulatory…
GemCap hires for compliance
GemCap, the Ireland-based ManCo, has appointed Emily Gallagher as compliance associate, working alongside Brian Ormonde Murphy, head of compliance. She joins from Accenture.
TMF acquires in UAE
TMF Group, a Netherlands-based provider of compliance and administrative services, has acquired Etive Consulting, a UAE-based company providing compliance advisory, governance support, and AML services, among others. The company serves start-ups and large international companies in Abu Dhabi and Dubai. As a result of the deal, eleven employees will join TMF UAE. Katrina Bradley, who…
Encore expands relationship with Apex
Apex has been appointed by Encore Capital Management to provide fund administration, investor reporting and tax services. Encore is a U.S.-based real estate developer, operator, and institutional investment management firm, with >USD2bn AuM. Encore has been a longstanding tax compliance and structuring client of FTS, a tax services provider, in which Apex took a majority…
Ultimus launches latest version of uANALYZE
Ultimus Fund Solutions, a U.S.-based provider of fund administration, accounting, and investor solutions, has launched the latest version of uANALYZE. As part of Ultimus’ proprietary uSUITE technology, the latest version of uANALYZE enables additional portfolio performance and analytics reporting, enabling clients to run a broad set of portfolio analysis including shock analysis and performance attribution.
Fenergo launches ESG compliance service
Fenergo, the European-based provider of digital solutions for KYC and client lifecycle management (CLM), has launched a solution to enable financial institutions to reduce regulatory and reputational risk and streamline operations for ESG compliance. This allows firms to automatically calculate climate, reputational and complementary ESG risks and efficiently fulfill regulatory obligations, including Sustainable Finance Disclosure…
DSG expands Apex relationship
Apex has expanded its relationship with DSG Consumer Partners, an investor in consumer businesses in India & Southeast Asia. DSG Consumer Partners has recently appointed Apex in Mauritius and Singapore to provide fund solutions for its fourth fund, Singapore-domiciled DSG Consumer Partners VCC. Apex was initially appointed by DSG Consumer Partners in 2019 to provide…
Apex to service Octopus funds in Australia
Apex has been appointed by Octopus Investments Australia to provide services to its fund structures focused on renewables investment. Octopus Australia manages >AUD1bn (USD690m) of construction and operational assets. Apex will provide fund administration, investor onboarding, share registry and tax services for new fund structures dedicated to investing in renewable energy in Australia.
Joe Scott joins Ultimus LeverPoint
Ultimus LeverPoint Private Fund Solutions, a specialist private fund administrator with >USD150bn AuA, has hired Joe Scott. He will play a strategic, client-facing role as he oversees multiple fund administration teams that service the firm’s client base. Previously, Scott was at UMB Fund Services where he oversaw six accounting teams across various locations while leading…