SEI Trust Company will serve as trustee for four collective investment trusts (CITs) established by Pictet Asset Management for the U.S. institutional retirement market. Pictet Asset Management manages USD237bn globally.
Category: Independents
Altum hires from Apex
Altum, the C.I.-based administrator, has hired Marian Suguitan as a director in the funds & institutional business, based in Jersey. She was previously at Sanne, which was acquired by Apex in 2022.
JTC hires UK & Ireland regional head
JTC, the C.I.-based administrator, has appointed Melanie Herbert as the regional head of UK & Ireland for its institutional client services division. She joins from Aztec Group, where she was jurisdictional head of private equity.
Suntera hires M&A head
Suntera Global, the C.I.-based administrator, has appointed James Harries as head of M&A. Before joining Suntera, he worked at a payments and software business. Recent M&A deals for Suntera have included the acquisitions of Guernsey-based Carey Commercial Limited, Socium Fund Services in the U.S., and Nedgroup Trust in Guernsey and Jersey, following the acquisition of…
GemCap promotes for COO role
GemCap, the Ireland-based administrator, has promoted Sinéad Sheehan to COO for Gemini Capital Management (Ireland) Limited. Reporting to Conor Hoey, CEO, she will manage the day-to-day operations of the company. She has been at GemCap for five years.
Formidium hires CRO
Formidium, the U.S.-based administrator with USD20bn AuA, has appointed Mandar Mhatre as chief revenue officer. He was previously India CEO for EPIC Investment Partners and has also served as CEO for Apex in India.
IQ-EQ promotes McEnteggart
IQ-EQ has appointed Joanne McEnteggart as global head of debt, capital markets and corporate, which is one of its three core service segments. She joined IQ-EQ in 2015, and was most recently global head of corporate and loan servicing. She also led the launch of IQ-EQ’s Irish funds business in 2021. She is based in…
Saltgate hires NED
Saltgate, the C.I.-based alternatives administrator with USD100bn AuA, has appointed Julia Chapman as a non-executive director. Based in Jersey, she is a solicitor qualified in England and Wales and in Jersey.
Altum hires from Apex for RE business
Altum Group, the C.I.-based administrator, has appointed Sunet Oosthuizen as a client director in its real estate business, based in South Africa. She was briefly at Apex after its acquisition of Sanne, where she spent more than six years.
Rhyze selects SS&C for loan admin
Rhyze Solutions, a newly launched credit union service organization, has selected SS&C to help manage its commercial real estate loan portfolio. Precision LM will be deployed for pipeline tracking, loan servicing, accounting, asset management, and regulatory reporting. EVOLV will to support reserving, risk assessment, and credit reporting for all cash-flow-based financial instruments.