Archer, a U.S.-based service provider to the investment management industry, has received a capital injection from LLR Partners, a lower middle market private equity firm investing in technology and healthcare businesses.
Category: Independents
Parnassus appoints Ultimus for TA
Ultimus, a U.S.-based provider of fund administration, accounting, and investor solutions, has been appointed as transfer agent for Parnassus Investments, a San Francisco based fund family with USD41.7bn AuM. As part of the transition, over 300,000 Parnassus shareholder accounts were converted to Ultimus’ TA system. Parnassus focuses on building wealth by investing in companies that…
Intertrust acquires corporate secretarial business in HK
Intertrust has acquired the Hong Kong-based corporate secretarial business of Pinsent Masons, an international law firm. The acquisition enables Intertrust to offer a fully integrated corporate services proposition to its clients in Hong Kong and the wider APAC region and supports the firm’s regional growth strategy.
Hurricane selects SS&C’s front-to-back solution
Hurricane Capital Advisors, a start-up alternative investment management platform, has launched its operations with SS&C‘s front-to-back solution. SS&C will provide fund administration, middle-office solutions, FIX connectivity, hosting and order and execution management systems.
WHEB expands relationship with FundRock
FundRock, a European third-party UCITS ManCo and AIFM that is owned by Apex, has expanded its relationship with sustainable impact investor WHEB Asset Management LLP to provide distribution services through FundRock Distribution S.A. In an extension of FundRock’s existing role as ManCo for WHEB’s Irish ICAV and ACD for WHEB’s Sustainability OEIC, WHEB has appointed…
Intertrust to open in France
Intertrust, the Netherlands-based provider, is to open its first office in France and has appointed Regis Leleu as country head. He joins from Citco.
CSOP selects Eze
Hong Kong’s CSOP Asset Management Ltd. has selected SS&C’s Eze Investment Suite for order management and portfolio accounting.
Malcolm Pobjoy leaves Vistra
Malcolm Pobjoy has left Vistra, where he was group commercial director for the Americas, to join Osborne Clarke, a UK-based law firm, as head of U.S. business development. He will be based in New York.
Apex to acquire Brazil’s BRL Trust
Apex plans to acquire Brazil’s BRL Trust Investimentos, an independent fund administrator. The BRL Trust business will add BRL198bn (USD38bn) AuA and BRL166.7bn (USD32bn) AuC across 560 international and Brazilian investment funds. The deal comes after Apex’s previous announcement of its intention to acquire MAF, the fund administration business of the Brazil-based Banco Modal, which…
CSC acquires PEF
CSC, a U.S.-based provider of business, legal, tax, and digital brand services, has acquired PEF Services LLC, a U.S.-based provider of fund administration services to private capital firms and their investors, including private equity, private debt, venture capital and U.S.-based small business investment companies (SBICs). Anne Anquillare, CEO and president of PEF, joins CSC as…