Gen II Fund Services, the U.S.-based private assets administrator, has appointed Matt Le Noury as head of European operations, based in Guernsey, C.I. He was part of the Crestbridge PERE business that Gen II recently acquired, and has also worked for Citco and Northern Trust.
Category: Independents
Apex hires SS&C veteran
Apex has appointed Ken Fullerton as global head of operational transformation, based in New York. He will lead the operational delivery and improvement team focusing on client-driven technology and business process initiatives and improvements. He will also oversee the global service centres. Fullerton previously spent nearly 20 years at SS&C GlobeOp.
IQ-EQ supports new FCT
IQ-EQ has supported Milleis Banque, a French private bank, on its first retained securitisation, FCT French Prime Cash 2023, which is a rated cash securitisation of a residential mortgage portfolio. IQ-EQ is acting as the bank’s AIFM for the fonds commun de titrisation (FCT) securitisation vehicle that is providing the financing for this transaction.
Apex opens in KSA
Apex has opened an office in Riyadh,KSA. Regulated by Saudi’s Capital Market Authority, Apex Saudi Arabia will provide a range of financial services and solutions.
Ultimus supports CAZ fund launch
Ultimus, the U.S.-based provider of fund administration, accounting, and investor solutions, is supporting CAZ Investments with the launch of the CAZ Strategic Opportunities Fund. This is the first publicly offered vehicle from CAZ Investments, a private market investment firm with USD6bn AuM. The fund, structured as a tender offer fund, is designed to encourage long-term…
Aztec launches AIFM service
Aztec Group, the C.I.-based fund and corporate services provider, has launched its AIFM service in Luxembourg. The offering includes marketing, compliance, risk management, regulatory reporting and portfolio management.
Gen II hires Lux client service head
Gen II Fund Services has appointed Richard Browne as head of client service – Luxembourg. He joins Gen II having most recently served as deputy CEO and head of private asset fund administration at Credit Suisse Fund Services Luxembourg. The appointment follows the recent completion of Gen II’s acquisition of Crestbridge’s private equity and real…
Vistra gets CBI green light
Vistra, the Asia-based business services provider that merged with Tricor in 2023, has secured authorisation from the Central Bank of Ireland to provide fund administration services from Ireland. To support the expansion of Vistra’s global fund administration network, Vistra Funds Services (Ireland) has appointed Aimee Gill as CEO and head of fund accounting, Paul McDonald…
Oak hires MD for Mauritius
Oak Group, a C.I.-based provider of international funds, private client and corporate services, has appointed Zoubeir Khatib as managing director, Mauritius. He previously led the business development unit for Apex in Mauritius and Africa. He replaces Paul Schreibke as he approaches retirement.
TMF gets green light from CBI
TMF Group Fund Operations (Ireland) Limited, part of the TMF Group, a Netherlands-based provider of compliance and business administration services, has received authorisation from the Central Bank of Ireland to offer fund administration and transfer agency services to alternative funds. The licence comes after the acquisition of Goodbody Fund Management, the AIFM and ManCo division…