The UK’s Financial Conduct Authority has granted approval for the launch of the CG Aegon AM Private Credit LTAF, Aegon Asset Management’s first long term asset fund. Carne Group, which claims to be Europe’s largest independent third-party ManCo, will be the authorised corporate director (ACD) of the fund.
Category: Independents
Alter Domus appoints new chairman
Alter Domus, the Luxembourg-based provider of fund services for the private equity, real assets and private debt sectors has appointed Mark Wiseman as chairman. Wiseman is the former head of active equities and chairman of BlackRock’s alternatives business. René Beltjens will step down as chairman but will retain his seat on the board.
Ultimus supports active ETF launch for Ocean Park
Ultimus has supported the launch of four new active ETFs for its longstanding client, Ocean Park Asset Management. The ETFs are in addition to eight mutual funds that Ultimus has supported since 2007.
Citco hires senior for Japan
Citco has appointed Ken Shimamura as head of client servicing in Japan. This coincides with the launch of Citco Japan Co KK, the firm’s new entity in Japan. Prior to joining Citco, Shimamura was head of fund finance at Savills Investment Management Asia Limited.
Maples advises on new fund
Maples and Calder, the Maples Group’s law firm, has advised on the launch of the Daiwa Blackstone Infrastructure Fund. The fund, which was recently launched, is structured as a Cayman Islands unit trust and is authorised for public offering in Japan. The fund is managed by IQ-EQ Fund Management (Ireland) Limited, IQ-EQ’s Irish fund management…
HGGC buys into Centralis
HGGC, a middle-market private equity firm, is to become the majority investor in Centralis, the Luxembourg-based alternative asset and corporate services provider. The deal is expected to close later in 2025, subject to customary closing conditions. Terms of the transaction were not disclosed.
IFDS to be restructured in Europe
State Street and SS&C Technologies plan to restructure the European component of their International Financial Data Services (IFDS) LP joint venture arrangement in Luxembourg and Ireland, following an almost 20-year collaboration. Under this plan, transfer agency services delivered by IFDS in Ireland and IFDS in Luxembourg will transition into each organisation’s respective operations. State Street…
SS&C wins in Singapore
Arrowpoint Investment Partners, Singapore’s new multi-strategy hedge fund investment firm, has selected to administer its multi-strategy fund. The fund currently leverages 18 portfolio managers in Hong Kong and Singapore across various strategies.
Zedra appoints Cayman MD
Zedra, the European administrator, has appointed David Mungall as managing director of the Cayman Islands. Based in Grand Cayman, he was most recently head of fund administration, Cayman at Trident Trust.
Vistra links to 1776ing
Vistra, the Asia-based administrator, has partnered with 1776ing, a fintech platform for alternative investments, to streamline investor data transfer through direct digital connectivity. The integration with 1776ing will enable Vistra to deliver a fully digitised subscription process for alternative investments. The result will be an instant, complete and active investment record in Vistra’s transfer agent…