The Food Securities Fund, which provides working capital loans to sustainable agriculture companies in emerging and developing markets, has appointed Citi as the fund’s central administration agent and depository. Vistra, the Singapore-based administrator, will provide AIFM ManCo services from Luxembourg. The Food Securities Fund has been developed by Clarmondial, a Switzerland-based investment firm.
Category: Independents
Apex expands relationship with Launch Africa
Apex has expanded its relationship with Launch Africa Ventures, a pan-African venture capital fund. Apex has been appointed to provide fund administration and accounting, fiduciary, investor reporting and tax compliance services to support the growth of Launch Africa’s current and future funds.
Broadridge expands proxy voting service
Broadridge Financial Solutions, a U.S.-based fintech, has expanded its Direct Market Solutions service, a custodian-focused, golden copy event sourcing and vote execution extension to Broadridge’s global proxy solution. Enhancements to DMS include expansion of coverage to 20 markets, improvements to market deadlines and extended voting windows by up to three days, and a reduction in…
Apex appoints new CEO of Luxembourg fund services
Apex has appointed Frederic Bilas as CEO and member of the board of directors of Apex Fund Services in Luxembourg. The appointment is subject to regulatory approval. He joined Apex in 2020 as COO of the Luxembourg business.
ZEDRA appoints head of fund management services in Lux
ZEDRA, the Switzerland-based provider of fund and corporate services, has appointed Charles-Alexandre Houillon as director of fund management services in Luxembourg. He was previously self-employed, after spending five years at Vistra.
Coller Capital selects Alter Domus for USD680m credit fund
Alter Domus, the Luxembourg-based alternatives administrator which has AuA of c. USD1trn, has been selected by Coller Capital to provide fund administration and depositary services for a new private credit secondaries fund. The credit portfolio is managed by Ping An Overseas Holdings, with the transaction thought to be the world’s largest for a credit portfolio,…
KIM Vietnam selects SS&C’s Eze OMS
KIM Vietnam Fund Management Limited Company has selected SS&C’s Eze OMS to support its operation. Established in 2020, KIM Vietnam is a subsidiary of Korea Investment (Korea) and manages eight investment funds across Korea, Japan and Europe, with c. USD2bn AuM. Eze OMS provides portfolio modelling and analytics, compliance, trading, operations, and data management.
Suntera to acquire Reference in Lux
Suntera Global, an administrator based in the Isle of Man, plans to acquire Reference Financial Services SA (Luxembourg), a fund administration and corporate services firm. The acquisition is subject to regulatory approval. Founded in 2003, Reference is a provider of fund administration and corporate services to Luxembourg-based entities.
Imperium hires new head of accounting
Imperium Fund Services, a Guernsey-based administrator, has appointed Colette Taylor as head of accounting. She joins from Apex.
Vistra to support AMR Action Fund
Vistra, the Singapore-based provider of advisory and administrative services with USD370bn AuA, has been appointed as administrator for the AMR Action Fund. Vistra will support the fund across its entire structure, including the management company, the fund, its SPVs, and portfolio company investments. The AMR Action Fund is the world’s largest public-private partnership supporting the…