Link Administration Holdings Limited, the Australian administrator, has received a conditional, nonbinding indicative proposal from a consortium including Pacific Equity Partners, Carlyle Group and their affiliates to acquire 100pct of the shares. The indicative cash price offered to shareholders under the proposal is AUD5.20 per share. Perpetual, which currently holds 9.65pct of Link Group, has…
Category: Independents
Apex to support Home REIT plc after IPO on LSE
Apex, the Bermuda-based financial services provider, it provided pre-IPO support to Home REIT plc ahead of its listing on the London Stock Exchange. Apex will continue to work with Home REIT to provide fund, financial and corporate solutions, including real estate fund administration and accounting, AIFMD depositary, corporate governance and company secretarial services.
Mainstream appoints CEOs in Ireland and Cayman
Mainstream Fund Services, an Australian administrator, has made two senior internal promotions within its Irish and Cayman operations following the retirement of John McCann, formerly CEO of Europe and Cayman. Barbara Purcell has been approved by the Central Bank of Ireland as the CEO of Mainstream Fund Services (Ireland) Limited, with responsibility for Mainstream’s Dublin…
Broadridge appoints Vijay Mayadas as president of capital markets
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…
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…