Paul Wahmann has joined Ultimus Fund Solutions as an SVP in the middle office products team. Based in Colorado, he joins from BBH, where he spent over 16 years, most recently as an SVP in investment operations.
Category: Independents
Elevar appoints SS&C GlobeOp
Elevar Equity, an emerging markets-focused venture capital firm, has appointed SS&C GlobeOp as its fund administrator. The Cayman Island-based venture capital firm has a range of funds domiciled in the Cayman Islands, Canada, Mauritius and India. SS&C’s India-based team will support the business.
BCI invests in ZEDRA
ZEDRA, the Switzerland-based provider of fund and corporate services, has reached an agreement to receive a strategic minority investment from British Columbia Investment Management Corporation, one of Canada’s largest institutional investors. This investment will be made in partnership with ZEDRA’s management team, and the company’s existing majority investor, Corsair, which will remain the majority shareholder.
Saltgate hires new head of depositary
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.
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.