Allvue Systems, an alternative investment technology solutions provider, has signed 4Pines Fund Services for its fund accounting software solutions for private equity clients. 4Pines is a start-up private capital fund administrator based in the U.S.
Category: Independents
Ultimus launches ETF app
Ultimus Fund Solutions, a U.S.-based provider of fund administration, accounting and investor solutions, has released uETF, part of the firm’s uSUITE framework. Designed to streamline and add functionality to the firm’s ETF processing capability, one of the key features of uETF is its ability to send nightly portfolio composition files, essential to ETFs, in a…
Alter Domus deploys Yardi for RE & debt reporting
Alter Domus has deployed the Yardi Investment Management platform to streamline reporting for cross-border real estate investment structures. Alter Domus will also use Yardi Debt Management, a module developed specifically to add loan servicing capabilities to the integrated accounting and reporting tool. Alongside its inhouse client portal, CorPro, the Yardi solutions are embedded into Alter…
Roel Langelaar joins Aztec to lead Netherlands office
Roel Langelaar has joined Aztec Group as head of corporate services in the Netherlands. He has also been appointed as managing director of the Netherlands office. Prior to joining Aztec, he spent five years as a managing director at VISTRA.
Apex launches ADGM ManCo
Apex, the Bermuda-based financial services provider, has launched LRI Investment Management Services (ME) Ltd. in the Abu Dhabi Global Market, following full regulatory approval by the ADGM Financial Services Regulatory Authority. LRI Middle East will offer third-party ManCo services to Qualified Investor Funds and Exempt Funds.
Prescient to administer PE funds for Thuso in South Africa
Thuso Incubation Partners (Pty) Ltd, a South Africa-based majority black-owned asset manager and incubation specialist, has selected Prescient Fund Services (Pty) Ltd as the fund administrator for its fund of private equity funds and associated incubation program. Thuso, which is backed by Ke Nako Capital, a South African-domiciled mid-market private equity specialist, was established in…
IQ-EQ supports Claret spin-out from Harbert
IQ-EQ, the Luxembourg-based provider of corporate and fund services, has supported the spin-out of Claret Capital Partners from Harbert Management Corporation, a U.S.-based manager focused on alternative assets, with approximately USD7.4bn AuM. This transaction sees Claret assume full ownership and control of the general partners of Harbert European Growth Capital debt funds, with >EUR400m (USD470m)…
Socium and Eleven partner to improve end-investor experience
Socium Fund Services, a U.S.-based provider of fund administration services for alternative investment funds, has partnered with Eleven, a fintech specialising in the alternative investments industry, to release new technology that aims to transform how investments in private equity funds and hedge funds are made. The technology moves the fund subscription process to a three-way…
Sanne hires Jan Barre as Luxembourg business development director
Sanne, the UK-listed corporate services and fund administration provider, has appointed Jan Barre as director of business development in Luxembourg. He joins from International Fund Services and Asset Management.
Foreside acquires ICSGroup
Foreside Financial Group, a U.S.-based provider of governance, risk management, and compliance service and technology to the global asset and wealth management industry, has acquired the regulatory compliance business of Integrated Compliance Solutions Group, a U.S.-based regulatory compliance services firm serving the asset management industry in the U.S. and Africa, with an emphasis on private…