Intertrust, the Netherlands-based provider of corporate and fund services, has hired David Sarfas as head of private capital, based in New York. He joined from Cannon Hill Partners, and has also worked for MUFG Investor Services and Citco.
Category: Independents
IQ-EQ acquires Constellation
IQ-EQ, the Luxembourg-based administrator, has completed the acquisition of Constellation Advisers LLC, a U.S.-based co-sourced and outsourced investment management services provider, following receipt of all necessary regulatory approvals. Constellation Advisers, which has 115 employees across six U.S. offices, provides customised solutions to a range of traditional and alternative investment management firms, including private equity, real…
Sudrania acquires Triple Leo Consulting to boost digital presence
Sudrania Fund Services, a U.S.-based administrator, has acquired the primary assets of Triple Leo Consulting, a U.S.-based fund administrator that specialises in crypto and digital assets fund administration. Terms of the deal were not disclosed. TLC founder Mike Quinn joins Sudrania in an advisory role and TLC’s entire staff has joined Sudrania’s team. This acquisition…
4Pines hires Celeste Barone as president & chief client officer
4Pines Fund Services, the U.S.-based start-up private equity administrator, has hired Celeste Barone as president and chief client officer. She joins from Commonfund, where she was CFO.
Prescient to host Equitile’s Irish UCITS fund
The UK’s Equitile Investments has launched its first Irish-domiciled global equity fund. The UCITS fund will be hosted on the Prescient Global Funds ICAV platform and had USD77m AuM at launch.
TMF bolsters fund services management team in Singapore
TMF Group, a Luxembourg-based professional services firm, has appointed two new executives to its funds business unit in Singapore. William Fung joins as head of fund services, Singapore & Malaysia, and Thurgagini (Gini) Thaverajah joins as client service director. Before joining TMF, Fung was head of operations at Alter Domus in Singapore. He will report…
Equiom launches super ManCo in Ireland
Equiom, the Isle of Man-based corporate and fund services provider, has launched Equiom Fund Solutions Ireland Limited, a super ManCo offering both AIFM and UCITS solutions for regulated funds. Kevin Bardon, who will head the business, joins from Deutsche Bank, where he led its Irish super ManCo platform, and has also worked at Citco and…
MJ Hudson acquires PERACS
MJ Hudson, the UK-based asset management consultancy, has acquired PERACS, a fund and portfolio performance specialist. The PERACS business will operate under the name of MJ Hudson Fund Performance Analytics. This is the fourth acquisition by MJ Hudson’s Data & Analytics division in two years: Meyler, a marketing analytics business; Spring Associates Responsible Investor Services,…
FundRock wins UK mandate for Jupiter’s US Smaller Companies investment trust
FundRock, a Luxembourg-based administrator, has been appointed in the UK as AIFM and company secretary for Jupiter US Smaller Companies PLC. FundRock will provide oversight of the delegated functions as well as risk and compliance monitoring. FundRock will leverage its established investment trust business and its existing partnership with J.P. Morgan for depositary, custody and…
Universal-Investment to buy Metzler’s Irish business
Universal-Investment Group is entering the Irish fund market with the acquisition of Metzler Ireland Limited (MIL). MIL has 20 employees with c. EUR2.8bn under management. The company is a part of B. Metzler seel. Sohn & Co. KGaA, a German private bank. Closing of the acquisition is subject to regulatory approval.