Suntera, the C.I.-based provider of funds, corporate, and private wealth services, has appointed Kelvin Sng as head of fund services in Singapore.
Category: Independents
EQT to acquire RE provider
In Australia, EQT Holdings Limited has entered into a conditional agreement to acquire, for nominal consideration, all of the issued shares in Platinum Investment Management Limited (PIML) from Platinum Asset Pty Limited, a wholly owned subsidiary of L1 Group Limited. PIML is the responsible entity (trustee) for a range of listed and unlisted managed investment…
Apex supports platform launch
Apex has supported BlueDot, the Switzerland-based asset manager, with the launch of its investment platform, providing ManCo, fund administration and custody services.
State Street launches onchain liquidity fund
NAV Fund Services has been selected as fund administrator for the State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP), a tokenised private liquidity fund launched in May by State Street Investment Management and Galaxy. SWEEP includes Anchorage as digital custodian for stablecoin investments, Galaxy providing tokenisation technology and digital infrastructure, Chainlink providing onchain NAV publication…
SEI links to ICE
SEI has agreed with the Intercontinental Exchange, Inc. (ICE) to leverage ICE ETF Hub, an open architecture platform designed to bring efficiencies to the primary market workflow for ETPs.
Pirum hires Sanner
Pirum, the UK-based fintech focused on securities finance, has hired Stephan Sanner as a senior sales executive, based in London. He joins from DXB Pump & Power, and has also worked at EquiLend, TMX Group, and NYSE Euronext/SecFinex.
Carne maintains Lux lead
Carne Group has been confirmed by Monterey as Luxembourg’s largest third-party ManCo by AuM in the latest Monterey Insight Luxembourg report, with USD242.4bn in AuM.
KKR to acquire Gen II
KKR has agreed to acquire Gen II Fund Services, LLC, a U.S.-based private capital fund administrator, for a total enterprise value of USD5.1bn. KKR is acquiring Gen II from Hg, General Atlantic and other minority investors through its core private equity strategy. The current leadership team. headed by CEO Steven Millner, will continue to run…
Waystone appoints UK ACD CEO
James Bowers has been appointed CEO of Waystone’s UK ACD business, while Allan Seldon has joined as MD, client solutions. Waystone’s ACD platform oversees >USD126bn AuM across >225 funds. Bowers succeeds Karl Midl, who will continue in his role as Waystone country head, UK. Bowers joins from Principal Asset Management, Seldon joins from Tutman Fund…
Zedra appoints Asia head of fund services
Zedra has appointed Koh Pi Hann as head of fund services in Asia. He has worked at BNY, HSBC, Apex, and most recently worked at a Singapore-licensed fund management firm. He is based in Singapore,