Alter Domus, the Luxembourg-based provider of fund administration, debt capital markets and corporate services has acquired Strata Fund Solutions LLC, a U.S.-based fund administrator serving U.S. private equity and venture capital funds. Strata has nearly USD140bn AuA with 200 employees. FTV Capital led a significant growth equity investment in Strata in 2018, with participation from…
Category: Independents
Carne Group secures EUR100m investment from Vitruvian
Carne Group, the European provider of ManCo and fund governance services, has secured a EUR100m investment from Vitruvian Partners, a UK-based investor.
IQ-EQ launches ESG compliance platform
IQ-EQ has launched IQ-EQ Compass, a service that aims to simplify ESG compliance. The platform supports multiple ESG reporting frameworks, including PRI and the World Economic Forum’s ESG metrics, allowing asset managers and investors to compare their performance against globally accepted benchmarks.
LiquidShare hires Jean-Marc Eyssautier as CEO
LiquidShare, the fintech co-founded by major European financial institutions in 2017 to develop post-market solutions by leveraging distributed ledger technology, has appointed Jean-Marc Eyssautier as CEO. He was previously at CACEIS.
IHS Markit acquires Cappitech
IHS Markit, the provider of market information, analytics and solutions, has acquired Cappitech, a privately held Israeli company which provides regulatory reporting, best execution analysis and business intelligence solutions. Terms were not disclosed.
Aztec supports Highland Europe’s latest fund launch
The Aztec Group, a C.I.-based fund and corporate services provider, has supported Highland Europe with the fundraising activities and final close of its latest fund, Highland Europe Technology Growth IV Limited Partnership. The fund closed with commitments totalling EUR700m. Aztec Group will provide ongoing administration and accounting services from its Jersey office.
TMF hires Derek Chen for senior role in China
TMF Group, a Netherlands-based fund and corporate services provider, has appointed Derek Chen as a new senior executive to accelerate the growth of the firm’s funds business in China. Chen joins as commercial director for fund services and will focus on fund administration and investment structuring. He will report to Andrew O’Shea, global head of…
Temple Bar Investment Trust appoints Link as administrator
Temple Bar Investment Trust has appointed Link Group as AIFM, fund administrator and company secretary. Link Fund Solutions will provide AIFM and fund administration services, while Company Matters, Link Group’s company secretariat team, will be company secretary.
Zephyr selects SS&C for new Bermuda fund
Zephyr Management, a U.S.-based manager, has selected SS&C to support its upcoming Bermuda fund launch. Zephyr will manage its modelling, trading and order management with SS&C Eze Eclipse. Additionally, SS&C will automate Zephyr’s investor experience, including digital investor onboarding via SS&C e-Investor. SS&C CORE-Sightline will enable regulatory reporting and data management.
Crestbridge hires Tim Ridgway for governance services
Crestbridge, the C.I.-based provider of corporate and fund services, has appointed Tim Ridgway as a director in the governance services team. Based in Jersey, he will act as a fiduciary for alternative investment funds and fund management firms, with responsibility for the management and oversight of client structures. He joins from Bletchley Park Asset Management,…