Category: Independents

Hillman Capital Management, a U.S.-based equity manager, has transitioned its Hillman Value Fund (HCMAX) to SS&C ALPS Series Trust. SS&C ALPS Registered Fund Services will administer the USD176m fund. The SS&C ALPS Series Trust platform provides a front-to-back solution for asset managers and fund issuers. The turn-key service model includes compliance, creative Web services, distribution…

HWM Group, a Dublin-based investor services and regulatory solutions provider to alternative and retail fund administrators, has acquired the assets of KOGER, Inc., a U.S.-based fintech. Lovell Minnick Partners, LLC, a private equity firm focused on investments in financial services, fintech and related business services, funded the KOGER asset acquisition and has taken a majority…

Fidelity Investments, which has AuM of USD10.3trn, has launched Fidelity Agency Lending, a digital platform that manages all aspects of securities lending for asset managers and other institutions. Fidelity Agency Lending has been a securities lending agent for the Fidelity mutual funds since 2019 and is currently responsible for more than USD2trn in assets.

ACOLIN, a Switzerland-based provider of regulatory and cross-border fund distribution services across Europe, has acquired GFA. Founded in 2014, GFA operates a SaaS-based data collection and analytics platform for asset managers and distributors to manage their compliance obligations and to enable asset managers to gain insights into their distribution networks and identify opportunities to improve…

Ocorian, the C.I.-based provider of fund administration, corporate, trust and capital markets services, has strengthened its European and UK business development team with the appointment of five new business development directors. Based in London, Andrew Stewart joins after most recently serving as an executive director at MUFG Investor Services. Chris Mayfield joins from Vistra. Vivienne…

Apex Group has established a partnership with Battea Class Action Services, a specialist in class and collective action antitrust and securities litigation recovery services, international litigation research and monitoring. The partnership will provide Apex clients with access to Battea’s claims processing technology; along with specialists in international litigation, damage valuation, and financial technology. Battea will…