Nexo, a UK-based regulated platform for digital assets, is collaborating with Fidelity Digital Assets, the institutionally focused execution and custody services platform provider, to improve institutional access to digital assets by offering best-in-class custodial and lending services, including the launch of institutional-focused products. Nexo, a provider of cryptocurrency-collateralised credit, with Fidelity Digital Assets as custodian…
Category: Independents
Enfusion opens in Sydney
Enfusion, a U.S.-based provider of cloud-based investment management software and services, has opened an office in Sydney, Australia. Raymond Chan serves as head of sales, Australia and New Zealand, for Enfusion.
CSC and Intertrust reach conditional agreement
CSC, the U.S.-based provider of business, legal, tax, and digital brand services, has reached a conditional agreement on a recommended public offer for all issued and outstanding ordinary shares of Intertrust, the Netherlands-based administration and corporate services provider that has USD460bn AuA. Earlier in 2021 CVC, a UK private equity firm, abandoned a bid for…
Davies acquires Sionic
Davies, a professional services and technology business, has acquired Sionic, a consulting and technology firm. Headquartered in the UK, Sionic specialises in technology transformation and digitalisation, international regulatory compliance, and risk management. Sionic will join Davies’ consulting & technology practice headed by CEO Mark Grocott. Craig Sher, Sionic CEO, will continue to lead day-to-day operations…
CSC expands in Netherlands
CSC, the U.S.-based provider of business, legal, tax, and digital brand services, has secured additional depositary licences from the Netherlands Authority Financial Markets (AFM). After being one of the first non-bank providers to receive a depositary license for real estate and infrastructure funds, CSC has now extended its licence to include UCITS funds. In addition,…
Aztec partners with Worldfavor for ESG services
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.
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…