Category: Independents

EFA, the Luxembourg-based administrator, has chosen i-Hub as its platform for customer due diligence (AML/KYC) services. i-Hub, a wholly owned subsidiary of POST Luxembourg, was conceived and built in Luxembourg to serve the needs of the international banking and investment fund industries. EFA and i-Hub have defined a set of APIs that allow EFA to…

Ultimus Fund Solutions, a U.S.-based independent administrator, has been selected as fund administrator for the Cornerstone Capital Access Impact Fund. Cornerstone Capital Group is a privately held registered investment adviser based in New York that focuses solely on sustainable and impact investing through targeted environmental, social and governance (ESG) strategies. Ultimus was chosen to administer…

Apex Group, the Bermuda-based administrator, has appointed Jean-Daniel Zandona as sales director, based in Luxembourg. He reports to Aman Bahel, European head of sales. Zandona will be responsible for continuing to grow the group’s offering in Luxembourg, which has over 600 employees and is the home of the group’s digital banking and onboarding business and…

iCapital Network, a financial technology provider for the alternatives industry, has agreed to acquire the Artivest platform and operating businesses. Under the terms of the agreement, iCapital will purchase the majority of Artivest’s assets, including all technology and its operating platform. The transaction also includes management of Artivest’s 28 proprietary alternative investment funds, along with…

Intertrust, the Netherlands-based provider of corporate and fund solutions, has appointed Derek Ramage as head of fund operations. He will be based in Luxembourg. Ramage will have responsibility for client service and expanding the company’s Luxembourg-based private capital fund business. He will also have responsibility for the day to day running of fund operations, including fund accounting,…