Apex has appointed Kimberly DeTrask as CFO and Maxwell Johnston as chief business officer (CBO). DeTrask joins from State Street, where she has served for over 12 years, most recently as treasurer. Before joining State Street, she spent more than 14 years at the Federal Reserve Bank of Boston, where she worked in the risk…
Category: Independents
Alchelyst to merge with Lyra
Alchelyst, the Ireland-based fund administrator for alternative asset managers, and Lyra Client Solutions, a client servicing organisation spun out from Apollo, have announced a merger to form a private markets servicing platform purpose-built to transform the investor experience across the institutional and global wealth channels. The transaction is expected to close in the fourth quarter…
Ultimus expands with Xceptor
Ultimus, the U.S.-based independent provider of fund administration, accounting, and investor solutions, and Xceptor, the data automation platform for financial markets, have expanded their six-year partnership. As the data automation and reconciliation engine powering Ultimus’ service model, the partnership allows Ultimus and its clients to benefit from faster processing times, enhanced data accuracy, and customised…
Ocorian wins PEP mandate
Ocorian has supported the Cayman-domiciled fund advised by Pacific Equity Partners (PEP) as fund administrator, marking the seventh core fund for PEP. The Australian advisor to the Cayman fund, PEP, is Australasia’s leading private-equity manager, with AUD16bn AuM across various investment strategies. Ocorian assisted with establishment, launch and multiple closings of Fund VII and will…
Equity Trustees wins major RE mandate
Equity Trustees has been appointed responsible entity (trustee) for the newly launched T. Rowe Price Global Structured Research Equity Fund in Australia, continuing a long-standing partnership that has seen more than 10 funds established over 18 years.
Sonata One hires senior manager
Sonata One, the private funds clearinghouse, has appointed Nikhil Ashra as senior commercial development director, based in New York. He has previously worked at iCapital and Canoe Intelligence. Sonata One connects more than 53,000 investors with 6,500 funds and 180 fund managers globally.
Alter Domus appoints CCO
Alter Domus has appointed Isabel Gomez Vidal as chief commercial officer. She will join the group executive board. Gomez Vidal joins from Dun & Bradstreet, where she served as chief revenue officer. The appointment follows the recent hiring of Charlotte Hogg as CEO.
GQG partners with SEI for ETF launch
GQG Partners has selected the Advisors’ Inner Circle Fund series trust as its operational platform to launch its first ETF, GQG US Equity ETF. GQG’s ETF launch marks the expansion of its nine-year strategic partnership with SEI, which also services six mutual funds and a private fund for GQG. The new active U.S. Equity ETF…
Brandes appoints Equity Trustees as RE
Equity Trustees has been appointed Responsible Entity (trustee) for the new Brandes Global Value Fund in Australia.
North Square expands with Ultimus
North Square Investments has expanded its partnership with Ultimus Fund Solutions to include support across various product types, including mutual funds, a tender offer fund and, most recently, North Square’s inaugural ETF, North Square RCIM Tax-Advantage Preferred and Income Securities ETF. North Square, a multi-boutique investment firm, initially partnered with Ultimus in 2023 when it…