Gen II has appointed Beverly Shealy as head of waterfall solutions. She was previously at J.P. Morgan. Gen II has signed a long-term licensing agreement with S7 Fund Ops, a provider of automated waterfall solutions for private capital funds.
Category: Independents
Langham Hall appoints head of Lux
Langham Hall, the UK-based administrator, has appointed Elijah Kanevskiy as head of Luxembourg, He joins from Revantage Europe, a Blackstone Group portfolio company, where he was CFO.
Apex opens in Jakarta
Apex has opened an office in Jakarta, Indonesia,
Allspring expands with SS&C
Allspring Global Investments has expanded its transfer agency relationship with SS&C. Under the extended agreement, SS&C will provide investor servicing to Allspring’s institutional liquidity business, which manages USD228bn across five money market funds. SS&C will also manage regulatory compliance with Blue Sky state securities laws and support distribution across Allspring’s institutional liquidity portfolio.
Apex appoints chief strategy officer
Apex has appointed Jay Cipriano as chief strategy officer, a newly created role. He will report to Apex CEO, Peter Hughes. He joins from SEI, where he spent 28 years.
Arcesium acquires OMS provider
Arcesium has acquired Limina, a Stockholm-based portfolio and order management systems provider. The entire Limina team will join Arcesium. Limina CEO, Kristoffer Fürst will join Arcesium, reporting to Bryan Dougherty, president, product and technology.
Sheller joins Juniper Square
Jason Sheller has joined Juniper Square as global head of go-to-market fund administration. Sheller spent seven years at CBRE, and is based in New York.
Permira invests in Carne
Carne Group, Europe’s largest independent third-party ManCo and a provider of fund regulation and governance solutions, has agreed with funds advised by Permira, the investment firm, for the acquisition of a significant minority stake in Carne Group based on an enterprise valuation of EUR1.4bn (USD1.7bn). As part of the transaction, Vitruvian Partners will exit its…
Apex appoints LATAM head
Apex has appointed Mauricio Catâneo as regional head, Latin America. He was most recently Brazil country head at TMF Group.
Gen II hires private credit team
Gen II Fund Services, an independent private capital fund administrator with >USD1trn AuA, has hired Leslie DeRoss and her specialist team to lead and expand the firm’s private credit offering. DeRoss joins Gen II from U.S. Bank.