Carnegie Fonder, a Sweden-based asset management company, has selected Universal Investment Group as the new ManCo for its UCITS SICAV fund range in Luxembourg. Carnegie Fonder is part of Carnegie Group. The transfer includes a partnership with UI efa as the central administrator and transfer agent, with SEB as custodian. The SICAV, with several sub-funds,…
Category: Independents
Maples supports new CLO fund
The Maples Group has supported Lakemore Partners, a private credit investment firm, with fiduciary, legal and fund administration services for its Aquatine V fund structure. The fund, which allocates to U.S. collateralised loan obligations, raised USD560m on final closing.
Permian selects Allvue
Allvue Systems, a U.S.-based alternative investment technology solutions provider, has been appointed by Permian Group to provide fund accounting and administration software. Permian is a Nordic fund administrator with offices in Oslo and Stockholm.
Knadel upgrades services
Knadel Software Solutions, the UK-based advisory and software firm, will now offer advisory services to the investment sector as a standalone offering. To reflect this development, the firm will be rebranding to Knadel Solutions Limited. Knadel has recruited Robert Hupe to run this new service, joining from Alpha FMC.
Absolute expands with Ultimus
Absolute Investment Advisers has expanded its relationship with Ultimus Fund Solutions to support a diverse slate of investment products. Over the past three years, Absolute has been enhancing its product lineup, launching an ETF along with the transition of four mutual funds and a hedge fund from another service provider to Ultimus. Absolute has c.…
IQ-EQ hires CCO for France & Switzerland
IQ-EQ, the Luxembourg-based administrator, has appointed Romain Mifsud as chief commercial officer for France and Switzerland. With 14 years’ experience in the private market industry, Mifsud specialises in private equity, real estate, private debt and securitisation. Prior to joining IQ-EQ, he was at SGSS in Paris, where he was responsible for the development of a…
Matsui partners with Broadridge
Matsui Securities, a Japanese online securities broker, has selected Broadridge’s cloud-based SaaS post-trade processing solution for its stock lending business. System integrator Intelligent Wave will develop the front office component and system integration, as well as providing project management and overall consultation to Matsui Securities.
SEI to support Cullen’s first active ETF
Cullen Capital Management has selected SEI’s Advisors’ Inner Circle Fund as its operational platform for the Cullen Enhanced Equity Income ETF (NYSE:DIVP), its first active ETF.
Odyssey partners with Generation IACP
Odyssey Trust Company, the niche Canadian administrator, has struck a deal with Generation IACP, a Canadian investment dealer that provides services and reporting to public issuers, including market data. Odyssey and Generation IACP have entered into an arrangement to provide Generation IACP’s services to clients of Odyssey, with a focus on leveraging market intelligence for…
Apex strengthens regulatory team
Apex Group has strengthened its regulatory consulting service with new senior level appointments. Isabelle Agius has been promoted to regional head of compliance solutions – Europe. She has been employed with Apex Malta as head of regulatory services since 2019. In the Middle East, Brian Reilly has been appointed as regional head of compliance solutions,…