Tom Buist has joined Altum as director, funds and institutional, in its Jersey-based unit. He was previously at Apex following its acquisition of Sanne.
Category: Independents
Kernow selects Yealand
Kernow Asset Management Limited has appointed Yealand Fund Services as authorised corporate director (ACD) and fund administrator. Kernow was founded in 2019 and launched its UK fund offering in 2022.
Hudson Bay expands with SS&C
Hudson Bay Capital Management, a U.S.-based investment firm with USD20bn AuM, has appointed SS&C GlobeOp as its fund administrator. The collaboration expands the relationship with SS&C, which already covers a range of SS&C solutions for trade operations and investor support.
Palmer launches in Spain
Palmer, the UK-based private capital administrator, has launched an operation in Madrid, Spain. The local team will be led by Manuel Rodríguez and Pilar García. Palmer recently received regulatory approval to operate in the Channel Islands.
Ocorian completes Bovill deal
Ocorian, the C.I.-based provider of financial and corporate administration services, has completed the acquisition of Bovill, a UK-based specialist regulatory consultancy. Bovill is a global financial services regulatory partner to over 580 clients with offices in the UK, Singapore, Hong Kong and the U.S. Bovill’s team of over 80 specialists will combine with Newgate, Ocorian’s…
SEI appointed as trustee for Pictet CITs
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.
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.