Ultimus Fund Solutions, a U.S.-based independent provider of private equity fund administration, accounting, and investor solutions, has hired Sean McLean as senior vice president, retail alternative fund services. McLean will lead the fund accounting group that services Ultimus’ retail alternative fund business, which includes interval funds, tender offer funds, and business development companies. He reports…
Category: Independents
FundRock opens in Amsterdam
FundRock, the Apex-owned UCITS ManCo and AIFM provider, has opened an office in the Netherlands for its subsidiary, FundRock Distribution S.A.
Odyssey hires head of sales & marketing
Odyssey Trust Company, the Canada-based trust and transfer agency provider, has hired Sarah Gilroy as its executive vice president, sales and marketing. Gilroy was previously vice president, business development at Computershare.
Gen II partners with NTT
Gen II Fund Services, the U.S.-based alternative fund administrator, has chosen NTT Ltd., a global technology services provider, as its managed cloud services provider to accelerate its digital transformation journey. The multi-year agreement will consolidate Gen II’s cloud support and security desks, providing the firm and its clients with enhanced efficiency, security, and scalability in…
Ocorian hires global head of investor services
Ocorian, the C.I.-based provider of corporate, fiduciary and fund services, has appointed Don Ross as global head, investor services. He will report to Ocorian’s head of global funds, Garrett Breen. Ross was previously at J.P. Morgan, and has also worked for Quintillion.
SEI launches voluntary separation program
SEI, the U.S.-based provider of investment processing, operations, and asset management, is launching an enhanced voluntary separation program to long-tenured employees as part of its commitment to professional development and expanded responsibilities for current and new talent by increasing advancement opportunities. The VSP is available for eligible employees in the U.S. who meet the long-term…
ZEDRA acquires in Malta
ZEDRA, the provider of corporate and fund services, is to acquire AlleyBe, a Maltese corporate service provider, trustee and virtual financial asset (VFA) agent. The acquisition will add 25 new team members to ZEDRA’s existing business in Malta.
Fireblocks certified by ISO across three categories
Fireblocks, the provider of digital asset and crypto technology, has been certified by the International Organization for Standards (ISO) in the categories of security (ISO 27001), cloud (ISO 27017) and privacy (ISO 27018). Fireblocks claims that it is the only crypto tech company to achieve all three certifications.
IQ-EQ to support first RE fund for SHRE
IQ-EQ, the Luxembourg-based investor services provider, has been appointed by central European real estate developer SITNO HOLDING Real Estate (SHRE) to provide support services for the launch of its first Luxembourg-domiciled real estate fund. The SHRE SITNO Adriatic Investment Fund, which is targeting a raise of EUR100m (USD107m), will invest in eight real estate development…
Windward launches with SS&C’s front-to-back solution
Windward Management LP, a Miami-based hedge fund management firm, has launched its operations with SS&C’s front-to-back-office solution. SS&C will provide fund administration, order and execution management, investor relations, compliance and regulatory services. SS&C will also support fund and investor accounting, FATCA and CRS compliance, and Form 13-F filings.