Carne Group, which claims to be Europe’s largest third-party ManCo and a provider of fund regulation and governance solutions, has appointed Saro Grano as CEO of its Swiss ManCo, Carne Global Fund Managers (Switzerland) Ltd. Most recently, he was head of ETF platforms & strategic initiatives at Zürcher Kantonalbank (ZKB) Asset Management, where he led…
Category: Independents
Langham Hall supports Zenzic’s new debt fund
Langham Hall, a UK-based provider of fund administration and AIFMD services, has supported the launch of Zenzic Capital’s new evergreen debt fund, the Zenzic Real Estate Credit Opportunities Fund. The fund is targeting commitments of up to USD3bn. Langham Hall is providing fund accounting and administration services to the fund and associated entities from its…
Axcelus outsources to SS&C
Axcelus Financial, a provider of life insurance and annuities, has selected SS&C to modernise its IT stack and transform its operations. Additionally, Axcelus is transitioning IT infrastructure and client support for its operations in the U.S. and Bermuda to SS&C Global Investor & Distribution Solutions. As a result, some Axcelus staff will transfer to SS&C.…
Ocorian secures DIFC funds licence
Ocorian, a C.I.-based provider of asset servicing for private and corporate markets, has secured a new fund services licence in the Dubai International Financial Centre (DIFC). The new licence enables Ocorian to broaden its offering in the Middle East, Charles Rix has been recruited as head of funds, Dubai.
Rothschild moves…again
Aztec Group has appointed Marcia Rothschild as European desk head within its U.S. commercial team. She joins Aztec from FundBank, where she was senior managing director, head of business development and client relations. Previously, she spent four years at State Street as head of Latin America and the Caribbean.
Arysteq expands with Apex
Arysteq Asset Management, Namibia’s leading and wholly Namibian-owned investment manager, has expanded its long-term partnership with Apex Group by adopting Apex’s open-ended fund administration and transfer agency services.
ZILO raises USD27m
ZILO, the UK-based fintech specialising in asset and wealth management software, has raised USD27m in a Series A2 funding round. Portage led the round, joined by State Street, both existing shareholders, and management.
Waystone poaches Ryan from BNPP
Waystone, the European provider of fund administration services, has appointed Diarmuid Ryan as global head of administration solutions. He was previously global head of alternatives, liquid alternatives and hedge fund services at BNP Paribas.
Boothbay appoints SS&C GlobeOp
Boothbay Fund Management, a multi-strategy alternative investment advisor, has selected SS&C GlobeOp as its fund administrator. Boothbay’s multi-manager platform has >USD2.5bn AuM across >140 separately managed accounts.
Aztec hires head of product
Aztec Group has appointed Sam Metland as its new head of product and propositions. He joins from Citco, where he held roles including head of private equity product and, most recently, head of solutions engineering. Prior to this, he held senior product and strategy roles at J.P. Morgan and Brown Brothers Harriman.