Broadridge Financial Solutions, Inc., the U.S.-based fintech provider, has appointed Vijay Mayadas as president of capital markets, a newly created position. He will lead Broadridge’s trade and post-trade capital markets SaaS solutions as part of the global technology and operations business. Capital markets solutions include global post-trade capabilities that support a broad spectrum of asset…
Category: Independents
Ocorian takes three managers from Apex for APAC fund services
Ocorian, the C.I.-based administrator, has made three senior appointments to its global fund services team in Asia Pacific: Based in Singapore, Naveen Sivaambihaibalan joins the firm as head of fund services, APAC. He joins from Apex Fund Services where he was vice president, private equity and real estate operations. Cursley Legoff joins as a client…
Ultimus to support semi-transparent ETFs through series trusts
Ultimus, the U.S.-based administrator, is expanding its ETF service offering in its sponsored series trusts to include active licensing for semi-transparent ETFs. Ultimus has licensing agreements with NYSE and Blue Tractor in place.
James Gow joins Aztec as chief client officer
Aztec Group, the C.I.-based administrator, has appointed James Gow as chief client officer, a newly created role. He will lead the business development, marketing and client experience teams. He will sit on the Aztec group executive committee and will be based in the UK. Gow joins from JLL, the real estate firm, where he held…
WHEB AM appoints FundRock as ManCo for new ICAV
WHEB Asset Management LLP, a UK manager, has appointed FundRock Management Company S.A. as the ManCo for a new Irish-domiciled ICAV. FundRock will provide oversight of the delegated functions, risk and compliance monitoring, as well as distribution support services for the new structure and its sub-fund. FundRock already acts as the authorised corporate director for…
Apex hires Ross Webber as head of Bermuda
Apex has appointed Ross Webber as managing director, Bermuda, where the firm is headquartered. Webber reports to Georges Archibald, head of Apex Americas, working alongside Graham MacDonald, director of operations for the Bermuda office.
TMF hires Kwame Lewis to head NA fund services
TMF Group, a UK-based professional services firm, has appointed Kwame Lewis as head of fund services for North America. Previously Lewis was chief financial officer for ACON Investments, a middle-market buyout private equity manager. Lewis will report to Andrew O’Shea, global head of fund services, and to Jan Willem van Drimmelen, market head for North…
TMF to acquire Selectra ManCo in Luxembourg
TMF Group and Farad Group have signed an agreement for the acquisition of Selectra Management Company by TMF Group from Farad Group. Completion of the transaction is subject to regulatory approvals from the Commission de Surveillance du Secteur Financier. Selectra is a regulated management company based in Luxembourg, servicing both AIFs and UCITS.
Ultimus appointed as transfer agent by Domini Impact Investments
Ultimus Fund Solutions, a U.S. based independent administrator, has been selected as transfer agent by Domini Impact Investments LLC, an impact investor based in New York. Domini appointed Ultimus to provide transfer agency, including customised shareholder services, to the four Domini Impact Funds, with over USD2bn AuM. Ultimus completed the conversion process in June 2020.
Sanne buys Deutsche Bank’s trust & agency business in Japan
Sanne, a UK-listed provider of alternative asset and corporate services, has acquired Deutsche Trust Company Limited Japan, Deutsche Bank’s trust and agency services business in Japan. The company will operate its trust business under the new name, Sanne Group Japan Trust Company.