Baillie Gifford, a UK-based investment partnership with GBP352bn (USD486.8bn) AuM, has selected FINBOURNE Technology’s investment data management platform, LUSID, as the IBOR solution for its global investment operations. The platform will deliver a consolidated source of real-time investment data across Baillie Gifford’s equity, fixed income and multi-asset portfolios. FINBOURNE’s SaaS solution will provide a virtual…
Category: Independents
Cesar Estrada joins Arcesium
Cesar Estrada has joined Arcesium, a U.S.-based fintech and administrator that is partly backed by J.P. Morgan, as its private markets segment head. He was previously at State Street.
JTC to service new OZ fund
JTC Americas has been appointed to provide fund administration services for RevOZ Fund III, LP, a fund facilitated by RevOZ Capital, a U.S.-based opportunity zone platform focused on high-impact real estate developments in OZ communities across the country.
Ultimus hires Nicole Tichota
Ultimus Fund Solutions, an independent administrator based in the U.S., has hired Nicole Tichota as to lead the transfer agent account services and financial control teams. In this role, Tichota and her team are responsible for improving the shareholder experience, including managing client-shareholder communications, and leveraging the firm’s technology. Most recently, Tichota led an operations…
Intertrust launches ESG service for PE managers
Intertrust, the Netherlands-based provider of corporate and fund services, has launched an ESG data gathering and analytics solution. The service offers private fund managers an integrated approach to collecting and analysing ESG data and managing ESG risk in their portfolios.
Confluence agrees to acquire Investment Metrics
Confluence Technologies, a technology solutions provider for the investment management and administration industry, has agreed to acquire Investment Metrics for USD500m. Investment Metrics is a provider of investment data, performance, analytics and research software solutions for institutional investors and advisors. Investment Metrics services more than 400 clients across 30 countries, representing over USD14trn in AuA.
June REIM appoints EFA for new fund
EFA, the Luxembourg-based administrator, has been selected by June REIM, a French real estate investor, for administration and accounting for its new fund, June Opportunity S.L.P.
SeaFort appoints SS&C for new PE fund
SeaFort Capital, a Canadian private equity firm, has selected SS&C to support its SeaFort Capital Fund II. The new fund will invest in Canadian lower-mid-market core industrial and business services sectors. SS&C will provide front-to-back support, including fund administration, reporting, investor and tax services.
JTC to administer new fund for LandFund Partners
JTC Americas (formerly NES Financial) has been appointed to provide fund administration services for LFP Soil Enrichment Fund, LP (SEF), an open-ended fund starting with USD128m of farmland comprised of 20,100 cultivated acres. LandFund Partners plans to grow SEF to over USD1bn in assets. LFP manages over 38,000 acres of farmland.
Sanne appoints new South Africa head
Sanne, a UK-listed provider of alternative asset and corporate business services, has appointed Alan Keet as head of South Africa. He takes over from Graeme Rate, who recently relocated to Sanne’s Dublin office as head of Ireland.