ZILO, the UK-based fintech specialising in asset and wealth management software, has raised USD27m in a Series A2 funding round. Portage led the round, joined by State Street, both existing shareholders, and management.
Category: Independents
Waystone poaches Ryan from BNPP
Waystone, the European provider of fund administration services, has appointed Diarmuid Ryan as global head of administration solutions. He was previously global head of alternatives, liquid alternatives and hedge fund services at BNP Paribas.
Boothbay appoints SS&C GlobeOp
Boothbay Fund Management, a multi-strategy alternative investment advisor, has selected SS&C GlobeOp as its fund administrator. Boothbay’s multi-manager platform has >USD2.5bn AuM across >140 separately managed accounts.
Aztec hires head of product
Aztec Group has appointed Sam Metland as its new head of product and propositions. He joins from Citco, where he held roles including head of private equity product and, most recently, head of solutions engineering. Prior to this, he held senior product and strategy roles at J.P. Morgan and Brown Brothers Harriman.
Pirum appoints chairman
Pirum, the fintech focused on securities finance automation and collateral management, has appointed Richard Bentley as non-executive director and chairman of the Pirum board of directors. His most recent roles include chief product and engineering officer at Adenza (formerly Calypso and AxiomSL, now part of Nasdaq Inc). This follows the recent appointment of Ben Challice…
Waystone to support Bellevue ETF
Bellevue Asset Management has launched the Bellevue Healthcare ETF, an actively managed UCITS ETF focused on global healthcare equities. Bellevue will use Waystone’s white label ETF platform, which offers end-to-end support for the fund, from set- up to distribution.
Symmetry selects SEI for ETF launch
Symmetry Partners has selected SEI’s Advisors’ Inner Circle fund platform to launch its first ETF, the Symmetry Panoramic Sector Momentum ETF. Since 2018, SEI has been servicing eight of Symmetry’s mutual funds.
Waystone adds to real assets team
Waystone, the European provider of fund administration services, has made two senior hires for its real assets business. Jamie Dean has joined as managing director – business development, UK, and Clive Short joins as managing director – business development, Luxembourg.
Ultimus hires senior management duo
Ultimus Fund Solutions has hired John Lehner as president, Ultimus Public Fund Solutions, and Jay Martin as president, Ultimus Private Fund Solutions, Jim Cass will transition to vice chairman of Ultimus, having previously served as president, Ultimus Private Fund Solutions. All three roles report to CEO Gary Tenkman. Martin was most recently president, investment services,…
Ocorian hires U.S. commercial director
Ocorian, the C.I.-based administrator, has appointed Azuolas Gedutis as U.S. commercial director. Based in New York, he will focus on clients and new business in the U.S. and Cayman Islands, He joins from SS&C.