Cohesion Asset Management Limited, an India-based investor, is partnering with Apex Invest, Apex Group’s provider of capital raising, advisory, fund distribution and IR and marketing solutions. Apex Invest will promote the flagship Cohesion MK Best Ideas fund across its global network, where it is authorised to do so.
Category: Independents
UI hires for BD
UI efa, a Luxembourg-based fund service provider and member of Universal Investment Group, has appointed two new members to its business development team: Emma Causevic and Pamela Valasuo.
Citco appoints RE co-heads
Citco, the asset-servicing provider to the alternative investment sector, has appointed Michelle Clements and Joep Hamers as co-heads of real assets, Citco Fund Services. Clements, based in North America, joined Citco in 2022 as the head of North America real assets. Prior to joining Citco, she was with BNY for seven years as head of…
Fasanara launches tokenised MMF
Fasanara Capital, a London-based institutional investment manager and leader in digital finance with >USD4bn AuM, has launched its first tokenised money market fund, the Fasanara MMF Token (FAST), held on the Polygon PoS public blockchain. Developed in collaboration with Apex Group, Tokeny, Chainlink, Fireblocks, and XBTO, FAST offers investors a faster, more cost-effective, and money…
Osman joins Waystone
Ali Osman has joined Waystone as head of product pricing and leads global pricing strategy. Before joining Waystone he was product manager for institutional investors at BNP Paribas. Prior to this, he held a combination of product solutions, strategy and financial management roles in both the UAE and the UK for Citi’s custody and fund…
Maples supports Warba’s new fund
Maples Group has supported Warba Bank with launch of USD200m Islamic fund. Warba, a Kuwait-based bank with a track record in Islamic finance, has expanded its global investment product offering by establishing a Cayman Islands-based Shariah-compliant structure to allocate capital to its newly established Warba Islamic Income Fund with the assistance of Maples Group and…
Allvue acquires PFA
Allvue Systems, LLC, a provider of alternative investment solutions, has acquired PFA Solutions LLC, a provider of compensation and carried interest software solutions for firms across private equity, private debt and venture capital. PFA’s flagship product, FirmView, combined with Allvue’s platform, will help CFOs and finance teams streamline fund operations and accounting workflows.
Apex appoints CPO
Apex has appointed Zion Hilelly as its new chief product officer, based in New York. Hilelly will lead the transformation of the product team, focusing on driving product innovation, accountability and P&L. Prior to joining Apex, Hilelly was the head of operations and managed services within S&P Global. Hilelly is BlackRock veteran, having worked at…
Imperium hires head of UK funds
Imperium, the C.I.-based administrator, has appointed Gareth Davies as managing director, UK funds, based in London, He was previously at Waystone.
Langham Hall hires for Lux
Langham Hall, the UK-based administrator, has added two senior managers in Luxembourg. Ian Kent joins from State Street as head of fund administration – Luxembourg, and Brian Campion comes in from CSC as head of commercial – Luxembourg.