IQ-EQ has appointed Joe Ives as commercial director in the UAE. He previously worked at TMF and, briefly, CBD Corporate Services.
Category: Independents
SEI passes alts milestone
SEI has reported that it has surpassed USD1.5trn in alternative assets under administration in its investment managers business, which services private equity, private credit, venture capital, hedge, real estate, and infrastructure funds.
BT hires SS&C for unit registry
BT, the Australian wealth management business owned by Westpac, has appointed SS&C for unit registry services. SS&C’s managed fund administration team will provide unit registry services to 88 BT-managed funds, including investor servicing and unit registry websites for digital account access and transactions. BT previously managed unit registry and investor servicing for these funds in-house.
Warburg Pincus invests in Aztec
Aztec Group, a C.I.-based alternative fund and corporate services provider, has added Warburg Pincus as a strategic partner, which will see Warburg Pincus as both a minority shareholder and client of the group. This investment, subject to the relevant regulatory approvals, will support Aztec’s expansion as it moves beyond Europe to become a global player…
Collett joins Citco
Mark Collett has joined Citco as an SVP, business development, based in the UK. Collett spent over 12 years at Northern Trust, most recently as head of South East Asia business development.
Waystone wins CLO ETF mandate
Fair Oaks Capital, a UK-based corporate credit manager, has received approval from CSSF, the Luxembourg regulator, to launch what is believed to be the first European-domiciled, Euro-denominated CLO ETF. Fair Oaks plans to list the ETF on Deutsche Börse Xetra and the London Stock Exchange shortly. Waystone has been appointed as the ManCo.
Apex hires for Africa
Apex has appointed Claude Harvey as head of business development, Mauritius and Africa. He previously spent almost six years at Maitland, acquired by Apex in 2023, and has been based in Mauritius for almost ten years.
UI wins major ManCo mandate
Intesa Sanpaolo Wealth Management, the newly established Luxembourg wealth management branch of the Intesa Sanpaolo Group, has appointed Universal Investment Group as ManCo for its UCITS SICAV portfolio in Luxembourg. UI efa will act as central administrator, and the Spuerkeess, a Luxembourg-based savings bank, as the custodian. The SICAV portfolio has been migrated to the…
FINBOURNE hires for ANZ
FINBOURNE Technology, the UK-based fintech focused on the investment community, has appointed Marianne Antonicelli as head of sales for Australia and New Zealand. She was previously at S&P Global.
Imperium supports VC fund
Imperium, the C.I.-based administrator, has supported Creandum, a European venture capital firm, on the launch of its oversubscribed seventh fund.