Category: Independents

Suntera Global, the C.I.- headquartered provider of fund, corporate and private wealth services, has entered into an agreement with Valeas Capital Partners, an equity investment firm, to acquire a majority stake in Suntera. Under the terms of the agreement, Valeas is committing significant new equity capital to support the expansion of Suntera’s capabilities and global…

TMF Group, a Netherlands-based provider of fund and corporate services, has appointed Tim LiVolsi as managing director of strategic operations and lift-outs within the funds services team. He was most recently at Cerberus Capital Management, and has also worked at Citi, J.P. Morgan and BNY.

Waystone, a European provider of specialist services to the asset management industry, is set to acquire BIL Manage Invest, a ManCo, from Banque Internationale à Luxembourg (BIL) Group, subject to regulatory approval. Waystone’s acquisition of BIL Manage Invest will increase its AuM in Luxembourg by c. 15pct. The acquisition will also support Waystone’s long-term strategic…

FINBOURNE, the UK-based provider of investment technology, has appointed Toby Glaysher as chairman of the board, alongside the formation of a new advisory board. Glaysher recently retired after a 37-year career at Northern Trust, most recently serving as president of global fund services. Northern Trust signed a major deal with FINBOURNE in 2024.

Ultimus Fund Solutions, an independent provider of fund administration, accounting, and investor solutions, has appointed Teresa Connors as executive vice president, fund services. Connors will oversee the fund accounting, financial administration, tax, and portfolio compliance teams. She was most recently at State Street.

Carne Group, the European third-party ManCo and provider of fund regulation and governance solutions, has appointed Lizzy Buss as managing director, business development. She will be based in London, reporting to Mark Stockley, chief business development officer She will be responsible for engaging with institutional investors, including existing and potential clients, as part of Carne’s…