Nottingham, a U.S.-based administrator, has hired a team of three senior managers from M3Sixty. Brandon Byrd joins Nottingham as lead executive officer for both transfer agency and fund distribution services. Ted Akins will join Byrd in the transfer agent and distributor operations as director of operations for Nottingham Shareholder Services, LLC. Loretta Akins will fill…
Category: Independents
Mainspring to service new VC fund for Redrice
Mainspring Fund Services, aUK-based administrator, has been appointed as fund administrator for Redrice Venture’s new limited partnership VC fund. Redrice, a seed stage venture fund, already has a managed account fund structure supported by Mainspring, and has now closed its first institutional LP fund with Mainspring as fund administrator.
CoreVest selects SS&C’s loan management solution
CoreVest, a Redwood Trust company, will implement SS&C’s Precision LM loan management software. CoreVest is a lender to residential real estate investors in the U.S., with >USD10bn in loans funded and 100,000 units financed.
Aztec supports FSN Capital’s latest fund launch
Aztec supported FSN Capital, a northern European private equity investment firm, with the launch of its latest mid-market fund, FSN Capital VI. Following its launch, Aztec will continue to provide ongoing administration and accounting services to the fund and its investment structures from its Jersey office.
Mainspring to administer new BVI fund
Mainspring Fund Services, a UK-based administrator, has been appointed as administrator for Family & Friends, a recently launched fund domiciled in the British Virgin Islands.
Sanne appoints David Fowler as global head of PE
Sanne, a UK-listed provider of alternative asset and corporate business services, has appointed David Fowler to the role of global head of private equity. Fowler joined Sanne in 2019 to head up the Singapore business. He will relocate to London. Sanne is currently the subject of a possible all-cash offer from Cinven, a venture capital…
Vistra hires new head for Germany
Marc-Oliver Knobloch has joined Vistra as head of commercial for Germany. In this role, he has full responsibility for client relationship management, business development, and marketing for the German business. He was previously head of sales at creditshelf.
Hex Trust receives funding from Cyberport
Hong Kong-based Hex Trust, a digital asset custodian, has secured investment from Cyberport, Hong Kong’s largest fintech hub, which is wholly owned by the Hong Kong SAR government.
Sudrania opens in Toronto
Sudrania Fund Services, a U.S.-based fund administrator, has opened an office in Toronto, Canada. Sudrania already has five people employed in Toronto and plans to hire 20-25 people by the end of 2021.
Waystone receives investment from Montagu
Waystone, a provider of institutional governance, risk and compliance services to the asset management industry, has signed an agreement to receive significant investment from Montagu Private Equity, a European private equity firm. Waystone was formed from the merger of DMS, MDO and MontLake.