Intertrust Group, the Netherlands-based provider of fund and corporate services, has been granted an ADGM licence for its UAE office.
Category: Independents
Alter Domus to add 100 jobs in Ireland
Alter Domus, the Luxembourg-based provider of corporate solutions for the alternative investment industry, has announced the creation of 100 new jobs at its European centre of excellence in Cork, Ireland. From Cork, Alter Domus operates a European hub for global private debt, private equity, real estate and infrastructure investors and managers.
Ultimus hires Joe Bree
Ultimus Fund Solutions has hired Joe Bree as a senior vice president in its business development team. Bree joins from Confluence and has also worked at U.S. Bank’s fund services business.
Chris Meader joins Sudrania
Chris Meader, founder of the North American Fund Administration Association, has joined Sudrania Fund Services as a senior vice president, based in the U.S.
Bill Muia joins SS&C
Bill Muia has joined SS&C as a director of business development, based in the U.S. He was previously at HSBC, and has also worked for RBC.
Langham Hall supports sale of Purdey Portfolio to Partners Group
Langham Hall, a UK-based administrator, has supported Paloma Capital LLP with the sale of its Purdey Portfolio to Partners Group for GBP253m (USD346m), and also established the acquisition structure in Jersey for Partners Group. Paloma Capital will stay on as co-investor and operating partner for the new structure, for which Langham Hall will provide ongoing…
NES to administer PE fund for Participant Capital
NES Financial, the Silicon Valley-based administrator owned by JTC, has been appointed to provide private equity fund administration services to Participant Capital’s Legacy Fund, LP. Participant Capital is the private equity arm of Royal Palm Companies, a Florida-based real estate and development firm.
IQ-EQ to service new fund for Premico
IQ-EQ, the Luxembourg-based administrator, has been appointed to administer the latest fund of Finnish real estate investment and development firm, Premico. This new fund, Premico Carbon Neutral Residential Fund I, is the first residential fund in the Nordic region focused on constructing sustainable residential buildings with low carbon footprints. Premico is targeting EUR200m with a…
Centaur adds two managers to U.S. PERE team
Centaur Fund Services, the Ireland-based provider of fund administration and fiduciary services for the alternatives sector, has appointed two managers to its U.S. private equity and real estate team. Grant Della Torre joins from MG Stover, and Kyle Solheim joins from SS&C.
Cecabank chooses Broadridge for global proxy voting solution
Cecabank S.A., one of the largest global custody banks in Spain, has selected Broadridge Financial Solutions, Inc., a fintech provider, for its global proxy voting solution.