Equity Trustees has been appointed by Royal London Asset Management as the Responsible Entity for four new funds in Australia. The funds are structured as feeder funds with indirect exposure to established, Ireland-domiciled UCITS. RLAM, which is owned by the Royal London Group, the UK’s largest mutual life pension and investment provider, has c. GBP181bn…
Category: Independents
MaplesFS appoints co-CEOs
Scott Somerville will be stepping down as CEO of MaplesFS after nearly 25 years with the organisation and over 15 years in this role. He will remain with the Maples Group until his retirement in 2026. Guy Major and Tyler Kim have been appointed as co-chief executive officers of MaplesFS. Both are internal appointments. MaplesFS…
ID-Pal acquires KYB fintech
ID-Pal, the identity verification platform, has acquired NorthRow, a Know Your Business (KYB) fintech. The acquisition will enable ID-Pal to deliver a unified compliance intelligence solution for KYC, KYB, and AML. NorthRow brings financial service firms including Caxton, Equifax and Hargreaves Lansdown into the existing ID-Pal global portfolio, which already includes government organisations such as…
BlackFin and Arendt agree AIS deal
BlackFin Capital Partners and Arendt have entered into a partnership that will see BlackFin become the majority shareholder of Arendt Investor Services, subject to CSSF approval and other customary procedures, with Arendt retaining a significant stake. The scope of the transaction also includes the third-party AIFM, AManco. Luxembourg-based AIS offers services ranging from fund administration,…
Ocorian gets new chair
Frederik van Tuyll is stepping down as chairman of Ocorian, the C.I.-based asset servicer for both asset managers and asset owners, after six years in the role. Martin Block replaces him as chairman. He has spent the last 25 years with HgCapital.
Jill Evans joins TMF
Jill Evans has joined TMF, the Netherlands-based private markets administrator, as managing director of consultant relations and business development for North America and the Caribbean. She was previously at Capco, and spent nearly seven years at Citi, most notably as head of consultant relations for the securities services business, as well as acting as an…
BlackRock invests in AccessFintech
BlackRock and AccessFintech, a data and workflow collaboration network for financial markets, have formed a partnership. Through Aladdin, the firms aim to deliver bilateral connectivity and real-time post-trade collaboration between the global buy-side Aladdin platform community, and the >250 capital markets and asset servicing institutions already connected to AccessFintech’s Synergy Network. BlackRock has made a…
Langham Hall supports Goldenpeak
Langham Hall has supported Goldenpeak with the launch its debut private equity fund, Goldenpeak Fund I LP. Langham Hall will provide ongoing fund administration services from its Guernsey office and appointed representative (AR) services from its London office.
Suntera partners with Qualix
Suntera Global, the C.I.-headquartered provider of fund, corporate, capital market and private wealth solutions, has partnered with Qualix S.A., a Luxembourg-based service provider to alternative investment funds, corporate and private wealth clients. With a team of >40 staff, Qualix delivers a suite of services including domiciliation, directorship, accounting, tax, administration, payroll, and liquidation.
Permira to acquire JTC
Permira, the private equity firm, has agreed to acquire JTC Plc, the C.I.-based fund administration group, in a recommended cash deal valuing the company at approximately GBP2.3bn (USD2.8bn). The acquisition is expected to be implemented via a court-sanctioned scheme of arrangement under Jersey law, though it reserves the right to switch to a takeover offer…