Gen II Fund Services, the private capital fund administrator, is rolling out Fenergo, the onboarding and lifecycle management fintech. The initial rollout began in Europe in November, with all locations expected to go live by the end of 2026.
Category: Independents
Aztec appoints Sheriff as CRO/COO
Aztec has appointed Akbar Sheriff to its ExCo as chief client success officer and chief operating officer, based in London. He was most recently president and global chief operating officer at Coremont, a provider of cloud-based investment management technology, and previously held roles at McKinsey and State Street.
CORDET appoints Aztec
Aztec has been appointed by CORDET Capital Partners, a specialist credit investor, to provide fund administration and depositary services for its Luxembourg-based funds, Fund II and Fund III. Established in 2013, CORDET is a London-headquartered investment firm that focuses on direct lending to smaller mid-market companies in Northern Europe. Delivered from its offices in Luxembourg…
Aztec hires Timmons
Aztec Group, the C.I.-based administrator, has appointed Margaret Timmons as global client relationship lead, based in New York. Most recently, she was global strategic account manager at the London Stock Exchange Group, where she led global client relationships across asset management, product & data services.
SpireBay adds to leadership team
SpireBay Financial, the Ireland-based consulting firm supporting asset managers, service providers and technology clients, has appointed several industry experts to its team across the UK, U.S. and Ireland. Neil Clifford was most recently CEO of Carne’s Irish fund management company. Chip McKernan joins from SEI Investments, where he held multiple senior leadership roles across the…
Bridge selects Allvue
Bridge Alternative Investment Solutions, a U.S.-based fund services provider, has selected Allvue as its technology partner. Allvue is a fintech specialising in private capital markets. With Allvue, Bridge will unify fund accounting, investor services, and reporting.
Agallas launches inaugural RE fund
Agallas Equities LLC, a New York–based real estate investment and development firm, has launched its inaugural fund, the Agallas Equities Real Estate Fund I, with a target capitalisation of ISD400m. Agallas has partnered with NAV Fund Services as its fund administrator, providing administration, accounting, and investor services for the fund.
Purves steps down from Aztec
Sean Hagerty, who has served on the Aztec Group board as chair since June 2025, will take on the role of executive chairman and interim CEO as Kathryn Purves steps down. Aztec Group is a C.I.-based provider of private markets services. Hagerty is a former chief executive of Vanguard Europe.
FundBank reshuffles in Cayman
FundBank, the banking solutions provider, has made two senior appointments in its Cayman operations. Jerome Ebanks, who has been with the bank since 2023, moves into the role of CEO, Albert Chin will assume the role of COO, having been with FundBank since its inception.
HGGC invests in Centralis
HGGC, an investment firm with >USD8bn AuM, is the new majority investor in Centralis Group, a Luxembourg-based alternative asset and corporate services provider. Backed by HGGC’s investment, Centralis plans to accelerate its expansion into new geographies, with the U.S. a key strategic priority,