CSC has expanded its newly combined funds and capital markets (FCM) division with the appointments of John Hebert and Venkat Srinivasan. Hebert will extend his current role to incorporate funds, moving from president of global capital markets to become president of the FCM division. Srinivasan has been appointed global head of funds and enterprise capabilities,…
Category: Independents
Premier selects PAXUS
Premier Financial Services Limited, a Mauritius-based management and trust company, has selected PAXUS, the Apex-owned fintech, as its platform provider to support its recently launched fund administration business line.
IDR hires U.S. bus dev director
IDR, the private funds clearinghouse, has appointed Gray Sain as business development director, based in New York. He joins from Willkie Farr & Gallagher LLP, an international law firm.
Gen II hires European bus dev chief
Gen II Fund Services, the independent private capital administrator, has appointed Paul Spendiff as head of business development for Europe, based in London. He joins Gen II from Ocorian, where he was global head of fund sales. Earlier in 2024 Gen II completed the acquisition of Crestbridge, a UK-based provider of private capital fund administration…
Hamilton Lane teams up with Allfunds, Apex
Hamilton Lane, a U.S.-based global private markets investment management firm, has struck a partnership with Allfunds Blockchain, the digital innovation arm of Allfunds, as the firms seek to further expand access to private markets for investors across Europe. The firms intend to expand access to certain Hamilton Lane funds by offering tokenised versions via the…
ZEDRA joins forces with Gryphon
ZEDRA, the Swiss-based administrator, has joined forces with Gryphon, a U.S.-headquartered fund administrator with >USD10bn AuA, providing accounting, administration, and tax preparation and advisory services to the private fund sector. By integrating Gryphon’s services into ZEDRA’s existing portfolio, this brings combined AuA to c. USD30bn.
Alter Domus opens in Manila
Alter Domus, the Luxembourg-based provider of fund administration, private debt, and corporate services for the alternative investment industry, has opened an office in Manila. The office occupies a full floor with >100 employees, and Alter Domus aims to nearly double its workforce in the city by 2025.
Ocorian and AssetMetrix launch platform
Ocorian, a C.I.-based provider of fund administration, fiduciary, and compliance services, has launched a reporting and analytics technology platform in a partnership with AssetMetrix. The platform equips general partners with tools for live web reporting, workflow management, and data transparency, powered by AssetMetrix, a provider of digital solutions for private markets.
SS&C signs with Insignia
SS&C has signed an initial agreement with Insignia Financial, an Australia-based administrator, to deliver superannuation member administration services. Insignia Financial supports around 1.1m superannuation fund members through its wealth management offerings. Upon signing a final binding agreement, more than 1,000 team members in seven offices across Australia will transfer from Insignia to SS&C.
UI efa wins new mandate
UI efa, the Luxembourg-based member of Universal Investment Group, has been appointed to administer Blue Earth Capital’s new open-ended, semi-liquid fund focused on global private credit. Blue Earth Capital is headquartered in Switzerland and has operations in New York, London, and Konstanz.