The Carne Group, the Ireland-based provider of services to asset managers, is to acquire the Asset Management Exchange (AMX) from WTW (Willis Towers Watson), subject to regulatory approvals. WTW will take a minority stake in Carne as part of the deal. AMX connects investors, asset managers and service partners so they can transact and interact…
Category: Independents
Waystone to acquire KBA
KB Associates, an Ireland-based professional services firm offering ManCo, governance, regulatory and related consulting services, has reached an agreement to join the Waystone Group, subject to regulatory approval. KBA employs almost 100 consultants, advises over 250 international asset managers and supports investment funds with assets exceeding USD400bn. Mike Kirby, KBA founder and managing principal, will…
Broadridge partners with Santander for Spanish voting solution
Broadridge Financial Solutions, Inc., a U.S.-based fintech provider, has launched a new golden copy event notification and vote execution service for the Spanish market. The service, delivered in collaboration with Santander Investment S.A., provides a fully automated solution with market-wide coverage. The service aims to improve market error rates, expand voting windows and facilitate vote…
Crestbridge appoints new UK chief
Martin Lambert has joined Crestbridge, the C.I.-based administrator, as head of UK operations. He will take over Paul Windsor’s responsibilities overseeing the UK offices, following Windsor’s retirement. Prior to joining Crestbridge, Lambert was a partner at Grant Thornton.
IQ-EQ establishes hybrid funds desk
IQ-EQ, the Luxembourg-based investor services provider, has launched a hybrid funds desk. The new desk will provide the expanding hybrid funds market with a dedicated, globally integrated team with expertise across open-ended and closed-ended fund structures. Hybrid funds – which provide fund managers with the flexibility to invest in a range of asset classes and…
Tokeny partners with Inveniam
Tokeny, the Luxembourg-based tokenisation platform that is backed by Euronext., has formed a partnership with Inveniam Capital Partners, Inc., a U.S.-based SaaS company delivering trust, transparency and completeness of data to private market assets. The partnership includes a EUR5m (USD5.7m) investment by Inveniam, Apex, and K20 Fund. The partnership aims to fully unlock asset liquidity…
Kevin O’Neill joins Napier as CRO
Napier, the UK-based provider of an AI-enhanced AML and financial crime platform, has hired Kevin O’Neill as chief revenue officer. O’Neill comes to Napier from Fenergo, the client onboarding specialist, having served as global head, asset management and asset servicing, and head of EMEA sales. He has also held senior positions at BNY Mellon and…
Apex hires U.S. Bank veteran for senior BD role in Ireland
Apex has appointed Barry O’Brien as senior director, business development. Based in Apex’s Dublin office, he reports to John Bohan, co-founder and country head business development (Ireland), whom he will be working with to drive the firm’s growth in Ireland. O’Brien joins Apex from U.S. Bank Global Fund Services where he was most recently director,…
Framework rebrands as daappa
Framework, the private equity platform provider, has rebranded as daappa (pronounced “dapper”), which stands for data, accounting and administration platform for private assets.
Apex plans NZ entry through acquisition
Apex Group plans to acquire MMC, a New Zealand-based provider of investment administration services. The transaction is subject to customary conditions, including regulatory approvals expected to be granted in early 2022. MMC has provided full outsourced investment administration services to the New Zealand investment management community since 2005. During this time, MMC has grown to…