Suntera Fund Services, a C.I.-based middle market provider of fund administration and loan administration services for private alternative investment funds, has opened an office in Denver, Colorado. The office joins Suntera’s other U.S. hubs in New Jersey and California and will be led by Nick Donovan, general counsel, Americas, and Jonathan Ferry, director.
Category: Independents
Arcesium opens in Hong Kong
Arcesium, the U.S.-based administrator in which J.P. Morgan has a stake, has opened an office in Hong Kong. The office will support its existing client base of institutional asset managers, hedge funds, banks, and private markets firms operating across the broader Asia-Pacific region, while also providing technology and services for new launches and regional expansion.
Maples expands in Canada
Maples Group has expanded its fund administration solution for Canadian-domiciled funds. This will provide support to its existing and new client base in launching and operating Canadian domestic funds. It will be delivered by the group’s Montreal office.
Legrand promoted at IQ-EQ
IQ-EQ has promoted John Legrand to CEO of EMEA, based in the UK. Legrand, who was previously deputy group CEO, has been at IQ-EQ for over six years, previously spent more than 10 years at BNY.
SEI appoints CPO
SEI has appointed Jeff Benfield as chief product officer, reporting to Zach Womack, chief technology officer, Benfield will lead SEI’s enterprise product strategy, development, and execution. He was previously head of platform strategy and operations for SEI’s asset management business.
Apex lifts out in Australia
Apex has reached a lift-out agreement to onboard Mercer’s superannuation administration operations in Australia.
Sheller leaves CBRE
Jason Sheller, who has been at CBRE for seven years, most recently as global head of business development & strategy for its real estate fund administration business, is stepping away from his role. He hasn’t announced his next move.
Suntera acquires in Singapore
Suntera Global, the C.I.-based provider of fund, corporate and private wealth services, has acquired Singapore-headquartered fund and corporate service provider, Aurtus Singapore. The acquisition of Aurtus Singapore is Suntera’s eleventh acquisition since 2019 and establishes a presence for Suntera in Singapore for the first time. Aurtus Singapore was established in 2023 and has a team…
Ultimus deploys FINTRX
FINTRX, the private wealth intelligence platform, has partnered with Ultimus Fund Solutions to provide Ultimus’ asset management clients with access to FINTRX’s private wealth intelligence. Users will gain direct access to FINTRX’s platform, which features detailed profiles and data on RIAs, broker/dealers, family offices, and other private wealth entities. By leveraging FINTRX’s data and intuitive…
Al West steps down from SEI
Alfred (Al) West, Jr., SEI Investments’ founder and executive chairman of the board, has stepped down from his role as a director and board chair as part of a planned transition effective Jan. 1, 2026. The board has appointed Carl Guarino, an independent director of SEI’s board since 2014, as chairman. West will become chairman…