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.
Category: Independents
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.
Carne completes GAM transfer
Carne Group, the Ireland-based administrator, has completed the transfer of GAM’s third-party fund management services business.
Ultimus supports ETF launches
Ultimus Fund Solutions has supported the launch of eight new actively managed ETFs for Brookstone Asset Management.
Centralis selects Fenergo for CLM
Luxembourg-based Centralis Group, an alternative asset and corporate services provider, is adopting Fenergo CLM to streamline client and investor onboarding processes. Fenergo is a provider of digital client lifecycle management, KYC and transaction monitoring solutions.
Equity Trustees adds two supers
Equity Trustees, the Australia-based administrator, has been appointed as the superannuation trustee for the Clearview Retirement Plan as well as Guild Retirement Fund. Guild Super, the super fund for the pharmacy and childcare industries, transitioned to Equity Trustees as part of existing client Future Group’s acquisition of Guild’s superannuation business. In total the two funds…
New TA mandate for Odyssey
Calfrac Well Services, a Canadian provider of specialised oilfield services, has appointed Odyssey Trust as transfer agent.