Aztec, the C.I.-based administrator, has formed an alliance with the global sustainability platform, Worldfavor, to launch new ESG and sustainability services for private market investment managers.
Category: Independents
Equity Trustees hires senior manager from Perpetual
Equity Trustees, the Australian provider of responsible entity and trustee services, has appointed Johnny Francis as general manager, business development and custody, corporate trustee services. Francis spent seven years at Perpetual Limited, most recently as head of sales and relationship management for managed fund services. Equity Trustees’ CTS division currently has more than AUD100bn (USD71bn)…
JTC hires new client services director for Guernsey
Mariana Enevoldsen has joined JTC in Guernsey as a client services director. She was previously at Ocorian in Guernsey.
STP acquires Tower
STP Investment Services, a U.S.-based, end-to-end investment operations service provider with >USD340bn AuA, has acquired Tower Fund Services, a U.S.-based fund administrator providing an outsourced solution for alternative investment managers and family offices. Tower offers fund administration to private equity funds, cryptocurrency funds, hedge funds, venture capital, fund of funds, real estate, and direct lending…
FINBOURNE wins another major IBOR mandate
Railpen, one of the UK’s largest pension funds with c. GBP35bn AuM, has selected FINBOURNE’s cloud-based investment data management platform, LUSID, as its IBOR solution. LUSID will support Railpen’s multi-asset portfolios with standardised data and an aggregated view of positions and exposure. The mandate follows the recent decision by UK-based Baillie Gifford, the GBP352bn asset…
Apex to service Azimut’s life insurance company
Apex has been appointed to provide fund administration and middle office services to Azimut Life dac, the Ireland-registered life insurance company of Azimut Group, an Italy-based independent asset management firm with >EUR80bn (USD91bn) AuM.
TMF appoints ESG director
TMF Group, a Netherlands-based fund and corporate services provider, has appointed Flavia Micilotta as director, ESG solutions. Prior to joining TMF, she led the sustainability practice at Deloitte in Luxembourg. Before that she was director of the Luxembourg Green Exchange. She will report to Andrew O’Shea, global head of fund services.
Aztec to deploy Fenergo’s CLM solution
Aztec Group, the C.I.-based administrator with EUR440bn AuA (USD500bn), has appointed Fenergo, a provider of digital solutions for client lifecycle management, to deploy its cloud-native, SaaS solution to transform the client and investor lifecycle. Aztec will implement the solution across its offices in the Channel Islands, Europe and the U.S. to digitise and streamline onboarding…
Great Lakes appoints president
Rob McLamore has been appointed president and CCO of Great Lakes Fund Solutions, a U.S.-based fund services provider. He was previously COO.
HedgeServ partners with AccessFintech
HedgeServ, the U.S.-based fund administrator with USD450bn AuA, has partnered with Israel-based AccessFintech, the fintech company behind Synergy, the data and workflow collaboration network. HedgeServ will use real-time settlement data to deliver further efficiencies in preventing and resolving settlement fails. The solution combines HedgeServ’s middle and back-office platforms and data with Synergy’s cloud-based data collaboration…