Itaú USA Asset Management has selected SS&C GlobeOp as its fund administrator. IUAM is the U.S. investment management arm of Itaú Unibanco, Brazil’s largest non-government bank. SS&C will provide fund administration, including full middle and back office services, investor services, performance analytics, regulatory compliance assistance and risk-related services for Bank Itaú’s Cayman-domiciled funds.
Category: Independents
Ultimus launches second phase of uSUITE platform
Ultimus, the U.S.-based independent fund services provider, has completed the second phase of the company’s proprietary uSUITE technology platform. uSUITE uses robotic process automation to streamline massive amounts of back-end data processing, eliminating the need for manual intervention. Ultimus expects to launch the third phase before year-end.
Centaur appoints Louise Lawlor as CFO
Centaur Fund Services, the Ireland-based administrator, has appointed Louise Lawlor as group chief financial officer. She is based in Dublin. Prior to joining Centaur, Lawlor worked at Key Capital, an Irish wealth, investment and corporate advisory firm, where she advised financial services businesses on mergers and acquisitions, capital raisings and other strategic initiatives.
Apex acquires Praesidium in UAE
Apex Group has acquired Praesidium Advisory Ltd., a UAE based compliance and risk advisory firm.
Sanne hires Keith Miller as global head of private debt
Sanne, the UK-listed provider of alternative asset and corporate administration services, has appointed Keith Miller as the global head of private debt. Based in London, he will be responsible for building the private debt and loan agency product offering. Miller joins from Global Loan Agency Services Limited and Nomura International Plc. Sanne’s private debt business…
Aztec appointed to administer Deutsche Private Equity’s latest fund
Aztec Group, the C.I.-based administrator, been appointed to administer Deutsche Private Equity’s EUR1bn Fund IV. Aztec will provide administration, reporting and investor services to the fund from its offices in Jersey, Luxembourg and the Netherlands. Aztec also administers DPE’s Fund II and Fund III Established in 2007 and with >EUR2bn AuM, DPE is an independent…
European Depositary Bank receives regulatory approval in UK
European Depositary Bank, London branch, a subsidiary of Apex, has received approval from the Financial Conduct Authority to provide full depositary activities in the UK. The authorisation supplements the Apex’s existing depositary and custody services delivered in Luxembourg and the Channel Islands, and follows approvals from the regulators of Malta and Ireland, in 2019.
SS&C to provide TA for Conbrio Fund Partners
Conbrio Fund Partners has selected SS&C to provide transfer agency for its GBP1.5bn fund range. Conbrio, formerly known as Castlefield Fund Partners, is the Authorized Corporate Director (ACD) for the CFP Sanford DeLand and the CFP Castlefield fund ranges. SS&C will be providing full-service support to Conbrio’s clients, including distributor and institutional client services.
Milestone hires Marian Azer to head Asia Pacific
Milestone Group, the fund industry fintech firm, has hired Marian Azer as managing director for Asia Pacific, based in Sydney. Reporting to London-based CEO Paul Roberts, Azer will have overall responsibility for market engagement, client success and go-to-market strategy across APAC, with particular emphasis on the Australian and New Zealand markets. Most recently, she was…
Crestbridge hires Aaron Bird for business PE development role
Crestbridge, a provider of private equity and real estate administration solutions, has appointed Aaron Bird as associate director of business development. Based in Jersey, Bird is responsible for growth, client acquisition and business development, focusing on mid-cap fund managers in the global private equity and venture capital space. Bird was previously an independent consultant.