IQ-EQ, the Luxembourg-based administrator, is to acquire Davy Global Fund Management, part of Davy Group, one of Ireland’s largest domestic financial services businesses. The transaction, which is subject to regulatory approval, is expected to close by the end of 2021, following which DGFM will rebrand to IQ-EQ. Formed in 2014, DGFM employs 83 people: 68…
Category: Independents
Equiom launches in Ireland
Equiom, the UK-based administrator, has launched Equiom Fund Solutions Ireland Limited, having announced its Irish-domiciled Super ManCo to service AIF and UCITS funds earlier this year.
Marc Russell-Jones joins Broadridge
Marc Russell-Jones has joined Broadridge, the U.S.-based fintech firm, as head of asset management sales EMEA. He was previously head of sales for SEI’s wealth platform business, and has also worked at BNY Mellon, State Street, Northern Trust and J.P. Morgan.
TMF appoints new bus dev head for UK & Ireland
TMF Group, the Netherlands-based administrator, has appointed Yvette van Loon as the market head of business development in the UK and Ireland. She joined TMF Group in 2006, and will move to London from France later in the year. She will report to Pamela Valasuo, head of business development for the international region, with a…
Carlyle and Mubadala invest in Apex
Carlyle, the private equity investor, and Mubadala, the Abu Dhabi-based sovereign wealth fund, have taken minority stakes in Apex Group Ltd. Carlyle and Mubadala have invested in the ordinary share capital alongside founder and CEO Peter Hughes, majority investor Genstar and TA Associates, which made a significant minority investment earlier this year. This investment expands…
Eurizon appoints SS&C for TA for new UK-based funds
Eurizon SLJ Capital, the UK-based asset manager of Italy’s Eurizon, has chosen SS&C to provide transfer agency and shareholder services for two new funds. With EUR61m at launch, Eurizon SLJ Bond Aggregate RMB Fund and the Eurizon SLJ Local Emerging Markets Debt Fund offer U.K. investors access to opportunities in China in both GBP and…
Apex to acquire German administrator
Apex Group is to acquire mola-administration GmbH, a fund administrator based in Germany. mola-administration serves private equity firms, venture capital, debt, special situations and digital assets funds, with AuA of EUR3.5bn.
Ocorian hires new head of corporate development
Ocorian, the C.I.-based administrator, has appointed Simon Percival as group head of corporate development, responsible for the merger and acquisition strategy and implementation. Based in the UK, he reports directly to Ocorian’s CFO, Anthony Zarmakoupis. Percival joins from Finastra, a fintech company, where he was head of corporate development.
Covario to deploy METACO Harmonize
Covario, an independent prime broker for digital asset managers based in Switzerland, has selected METACO Harmonize as its digital asset orchestration engine. Harmonize acts as the overarching policy layer to ensure oversight and management of Covario’s operations, coupled with a single point of integration for its various internal systems. Covario offers trade execution services including…
InvestX appoints Great Lakes for investor services
Great Lakes Fund Solutions, a U.S.-based administrator for alternative investment fund sponsors, has been appointed to provide investor services for InvestX, a North American marketplace delivering access and liquidity to the private equity asset class through investments in pre-IPO companies on its trading platform, lnvestX GEM.