Saltgate, the C.I.-based alternatives administrator with c. USD100bn AuA, has named Jean-François (Jeff) Flamant as its head of depositary. He joins from TMF Group, where he was head of depositary services.
Category: Independents
Waystone supports new energy fund
Waystone, the provider of global governance and third-party ManCo services, has supported the launch of the Kayne Anderson Renewable Infrastructure Fund on the MontLake UCITS Platform ICAV. The fund, managed by Kayne Anderson Capital Advisors L.P., follows a long-only strategy, investing in listed renewable infrastructure companies that are involved in business activities related to renewable…
Preqin expands in Europe
Preqin, the provider of alternative assets data, tools, and insights, has opened an office in Frankfurt, Germany.
Avanti rebrands as Custodia
Avanti Financial Group, Inc. has rebranded as Custodia Bank, Inc., as a precursor to the launch of its digital asset bank. Custodia Bank plans to launch in Q2 with U.S. Dollar deposit accounts for business customers, initially providing ACH and Fedwire services. The post-launch roadmap includes digital asset custody, Avit (a payment instrument similar to…
BNY Mellon to deploy Chainalysis
Chainalysis, the UK-based blockchain data platform, has announced that BNY Mellon will be the first GSIFI to use Chainalysis’s compliance software as part of its risk management program. This integration will form a component of BNY Mellon’s strategy to develop cryptocurrency services for its clients. BNY Mellon plans to integrate the full Chainalysis compliance software…
Archer hires industry veteran
Archer, a U.S.-based service provider to the asset management industry, has hired Andy Mika as vice president of solutions. In his role, Mika will be responsible for developing solutions that investment managers need to expand distribution, launch new products, and streamline operations. Mika has more than 35 years’ experience in investment operations. He has worked…
Two senior appointments at IQ-EQ
Two senior appointments at IQ-EQ, the Luxembourg-based administrator: Greg Kok has been named as the new MD of IQ-EQ Guernsey. Prior to joining IQ-EQ, Kok was group head of the ManCo at JTC. Sophie Hubert has been named as the new chief commercial officer for IQ-EQ France. She joins from Amundi.
Homestead appoints Ultimus for TA
Homestead Funds has appointed Ultimus Fund Solutions as its transfer agent. RE Advisers, the USD8.4bn AuM investment adviser of Homestead Funds, transitioned its fund family of ten mutual funds from the previous provider to Ultimus. Homestead Funds represents over 42,000 shareholder accounts. Homestead Funds is a mutual fund manager with roots in rural America, formed…
LemonEdge partners with Freyda
LemonEdge, a platform provider for managing private markets fund and portfolio accounting, has formed a partnership with Freyda, an AI and deep learning platform focused on building technology solutions to digitise private markets globally. The connection between LemonEdge and Freyda enables institutional investors and fund administrators to automatically pull structured data directly into the underlying…
IQ-EQ hires State Street PE veteran
IQ-EQ has appointed Ray Murphy as senior managing director of accounting & CFO services in North America. In this newly created role, Murphy will drive IQ-EQ’s efforts to grow its outsourced CFO business in the U.S., with a particular focus on private equity clients. He joins from State Street. IQ-EQ first entered the U.S. alternative…