FundRock, the Apex-owned, Luxembourg-based ManCo and AIFM provider, has been appointed by Royal London Asset Management Funds plc and RLAM Funds ICAV to provide ManCo services for their Irish fund range and distribution support within the European Union. The funds’ combined assets under management are over EUR17bn (USD18bn). RLAM manages GBP164bn (USD211bn).
Category: Independents
Fenergo acquires AML specialist
Fenergo, the Ireland-based client onboarding specialist, has acquired Sentinels, the Amsterdam-based AML transaction monitoring provider. As part of the acquisition, the 70 staff currently employed by Sentinels will become part of Fenergo.
BCAM appoints Standard as custodian
Following the appointment of Apex as administrator, Blockchain.com has named Standard Custody & Trust Company, a PolySign company, as custodian for its new institutional platform, Blockchain.com Asset Management (BCAM). BCAM will deliver a suite of institutional investment products, combining the crypto trading infrastructure, research and security software services of Blockchain.com with Altis Partners’ investment management…
EFA to administer new RAIF
EFA, the Luxembourg-based administrator, has been appointed as administrator for the Freedom Luxembourg Alternative Strategies RAIF, providing fund accounting as well as registrar & transfer agency services. The new venture capital fund has been launched by Freedom Asset Management Ltd, a Guernsey-based asset manager providing services to private clients and family offices. The fund’s first…
Apex to support new funds for BCAM
Apex Group has been appointed to provide fund services to Blockchain.com Asset Management (BCAM), a new crypto asset management platform powered by Blockchain.com with investments managed by Altis Partners, a C.I.-based manager. BCAM’s C.I.-domiciled funds will offer regulated crypto investment products for institutional investors, family offices and high net worth individuals. The platform is launched…
Ultimus reports strong demand for interval & tender funds
Ultimus Fund Solutions has supported the launch of interval and tender funds for three new clients: Fairway Capital Management, Lind Capital Partners, and an undisclosed registered investment advisor (RIA). For Lind Capital Partners, Ultimus helped launched an interval fund, for which it converted two limited partnerships into the fund. Ultimus assisted Lind by merging private…
Intertrust appoints new sales head for Germany
Marie-Christine Bücker has joined Intertrust as head of sales for Germany. She was previously at Vistra.
IQ-EQ rebrands U.S. businesses
IQ-EQ, the investor services provider based in Luxembourg, has rebranded its U.S.-based group companies – Blue River Partners LLC, Constellation Advisers LLC, Concord Trust Company, and Greyline Partners LLC – as IQ-EQ. IQ-EQ’s total U.S. headcount now surpasses 550, with plans to increase its U.S. headcount in 2022. IQ-EQ’s current U.S. footprint includes 10 offices…
Krypton hires new head of PE
Krypton Fund Services, a Bermuda-based administrator, has hired David Rourke as head of private equity, based in Bermuda. He was previously Bermuda COO for IQ-EQ.
KBA appoints new head of Malta
KB Associates has appointed Bjorn Grech as CEO of the KB Associates MiFID firm in Malta. He joins from Altarius, a Maltese fund solutions provider. Ireland-headquartered KBA is in the process of being acquired by the UK’s Waystone Group.