After less than a year in the post, Samir Pandiri has left Apex, where he was group president. He joined Apex in May 2023, taking responsibility for operations, technology product innovation, risk and human resources. Apex confirmed that he had left the company, but did not comment further on the circumstances of his departure. Pandiri…
Category: Independents
Alchelyst appoints chair
Alchelyst, the recently licensed fund administrator based in Ireland, has appointed Barry Devereux as chair. He spent 25 years at McCann FitzGerald, a leading law firm.
IDR appoints commercial director
IDR, the private markets investor onboarding hub, has hired Roxane Fricou as commercial director. She will lead IDR’s sales growth in key markets, including the U.S., Europe and the UK, taking on responsibility for building the sales team internationally. She was previously an independent consultant after spending 12 years at IQ-EQ.
Altum hires Caspers for global role
Altum Group, a C.I.-based provider of fund and corporate administration solutions, has appointed Rolf Caspers as global head of capital markets and managing director in Luxembourg. Caspers was previously at Apex following its takeover of Sanne, where he spent 12 years.
Gen II partners with Canoe
Gen II Fund Services, a U.S.-based private capital fund administrator with >USD1trn AuA, has formed a partnership with Canoe Intelligence, the fintech supporting alternative investment intelligence for institutional investors, capital allocators, wealth managers, and asset servicing firms. Gen II will leverage Canoe’s technology to continue innovation in automating the receipt, retrieval, and document management of…
Ultimus grows AuA
Ultimus Group, the U.S.-based provider of fund administration, accounting, and investor solutions, has reported strong 2023 growth, with AuA now exceeding USD500bn.
TMF appoints Americas sales head
TMF Group, the Netherland-based administrator, has appointed Menno de Vreeze as head of fund sales for the Americas. He was previously at abrdn.
Universal hires COTO
Universal Investment Group, the European fund services platform and Super ManCo, has appointed Johannes Elsner as its new group chief operating and transformation officer. Elsner succeeds Etienne Rougier, who has decided to step down from his role as COO and head of Luxembourg. Most recently, Elsner served as group chief information officer and member of…
HIGHVERN expands in Guernsey
HIGHVERN, the C.I.-based administrator, is launching fund administration services in Guernsey. Jenni Hartley joins from TMF Group as head of funds – Guernsey, Ali Moullin is appointed as associate director, also joining from TMF. They report to Aidan O’Flanagan, group head of funds.
VanEck selects Gemini
VanEck, the U.S.-based fund manager with USD76.4bn AuM, has named Gemini as BTC custodian for its recently approved bitcoin ETF under the ticker HODL, which is listed on the Cboe BZX Exchange. State Street is the custodian of cash, fund accountant, transfer agent, ETF basket servicer and order-taker.