Waystone has supported the launch of the Invenomic US Equity Long/Short UCITS Fund on the MontLake UCITS Platform ICAV. The fund was launched with USD35m AuM.
Category: Independents
Rob Childs joins CSC
Rob Childs has joined CSC Global Financial Markets as a business development director in its London office. Childs (previously Helszajn) joins from Prescient, where he was head of business development. CSC recently acquired PEF Services in the U.S., as well as expanding its product range in Ireland and Luxembourg.
Marlin appoints Apex
Apex has been appointed to provide fund administration and accounting services to Marlin Capital Partners, headquartered in Nassau. Apex, and its subsidiary Throgmorton, will provide outsourced ManCo, middle office, and fund administration services. The appointment comes ahead of the launch of Marlin’s Dauntless Fund, which will focus on arbitrage opportunities within the digital asset space.
Carne acquires 3D
Carne Group, the Ireland-based provider of fund support services, has acquired Distributor Due Diligence Ltd (3D), a fintech provider that enables fund managers and intermediaries to conduct due diligence on their fund distributors and institutional clients.
Apex to administer Midtown’s RE portfolio
Apex has been appointed to provide fund administration services to Midtown Capital Partners LLC, a U.S.-based real estate investment firm focused on acquiring properties in the office, retail, industrial, and multifamily markets. Midtown has executed more than USD500m in acquisitions in the past five years, with a current portfolio valued at USD800m.
Sanne appoints new head of Ireland
Sanne, the UK-listed provider of alternative asset and corporate business services that is in the process of being taken over by Apex, has appointed Graeme Rate as head of Ireland. He joined Sanne in 2016 to lead the South Africa and Malta businesses, and will relocate to Dublin.
Apex closes Mainstream deal
Apex Group has completed the acquisition of Mainstream Group Holdings Limited, following approvals from Mainstream’s shareholders, the Federal Court of Australia and regulators. Mainstream, an Australia-based administrator with more than 360 employees across Australia, Singapore, Hong Kong, U.S., Isle of Man, Malta, Ireland and the Cayman Islands, services 1,400 funds with AuA of >AUD295bn (USD222bn).
Broadridge launches proxy service in Switzerland
Broadridge Financial Solutions has launched its “golden copy” event sourcing and proxy vote execution service for custodians and local agents in Switzerland. The Swiss service is the latest addition to Broadridge’s sub-custody Direct Market Solutions product suite that connects investors and issuers.
Ocorian appoints new COO
Ocorian, the C.I.-based administrator, has appointed Carole Murphy as chief operating officer. She will lead global IT and operations functions. Based in the UK, she reports to Ocorian’s CEO and chairman, Frederik van Tuyll. She joins from Capgemini, where she was head of business transformation services and head of the finance and accounting practice.
Universal-Investment hires head of new London office
Universal-Investment, the Germany-based ManCo and fund services provider, has appointed Julian Mayo to run its newly opened London branch. Mayo joins from Charlemagne Capital/Fiera Capital, where he was co-CIO/chief strategist. The London branch will join the group’s existing network of hubs in Germany, Luxembourg and Ireland. The acquisition by Universal-Investment of the Irish fund management…