Suntera Global, the C.I.-based provider of fund, corporate and private wealth services, has acquired Singapore-headquartered fund and corporate service provider, Aurtus Singapore. The acquisition of Aurtus Singapore is Suntera’s eleventh acquisition since 2019 and establishes a presence for Suntera in Singapore for the first time. Aurtus Singapore was established in 2023 and has a team…
Category: Independents
Ultimus deploys FINTRX
FINTRX, the private wealth intelligence platform, has partnered with Ultimus Fund Solutions to provide Ultimus’ asset management clients with access to FINTRX’s private wealth intelligence. Users will gain direct access to FINTRX’s platform, which features detailed profiles and data on RIAs, broker/dealers, family offices, and other private wealth entities. By leveraging FINTRX’s data and intuitive…
Al West steps down from SEI
Alfred (Al) West, Jr., SEI Investments’ founder and executive chairman of the board, has stepped down from his role as a director and board chair as part of a planned transition effective Jan. 1, 2026. The board has appointed Carl Guarino, an independent director of SEI’s board since 2014, as chairman. West will become chairman…
Aztec hires global head of sales
Aztec, the C.I.-based administrator, has appointed Michael Saunders as global head of sales. Prior to joining Aztec, he was managing director, securities services, sales execution at J.P. Morgan. Before that, he spent over 25 years at Brown Brothers Harriman.
UI hires CCO from Vistra
Universal Investment Group has appointed Antonio Soler as chief commercial officer. Soler will join the UI Group’s management board, reporting to Francesca McDonagh, group CEO. He will lead the group’s commercial strategy, overseeing all activities across sales, relationship management, fund distribution, marketing & external communications, and sales enablement. He joins from Vistra, where he most…
Allfunds and Apex collaborate on alts
Allfunds Blockchain and Apex Group have formed a strategic collaboration that enables the full digitisation of the operating model for alternative investment funds, leveraging blockchain technology to streamline fund administration and transfer agency processes. The solution delivers real-time execution, enhancing operational efficiency and data integrity for both the fund administrator and the transfer agent.
UI launches active ETF platform
Universal Investment Group, the Germany-based fund services platform and Super ManCo, has launched its active ETF offering. The new platform enables asset managers and fund initiators to launch active UCITS ETFs with efficient time-to-market, regulatory certainty, and full operational support. Universal Investment is already working on customised active ETF structures as well as a white-label…
Maples advises ORIX on new PE fund
The Maples Group has advised and supported ORIX Corporation, a Japanese financial services firm, on the launch of a USD2.5bn Japan-targeted private equity fund, in partnership with Qatar Investment Authority. This is the first time that ORIX has launched a fund with capital from an international third-party investor for domestic private equity investment in Japan.…
Ultimus completes SCS fund conversion
Ultimus Fund Solutions has completed the final phase of a conversion of 49 hedge and private equity funds for SCS Financial to the Ultimus operating framework. SCS, a wealth and investment firm serving UHNW families with USD54bn AuM and advisement, initially partnered with Ultimus two years ago to design a new scalable operating model to…
New CEO for Highvern/Permian
Highvern and Permian, which joined forces at the beginning of 2025 under the aegis of long-term investor Jacobs Capital, have appointed Caroline Connellan as group chief executive officer, effective 5 January 2026. Based in London, Connellan was most recently CEO of M&G Wealth. She succeeds Martin Hall, co-founder and CEO of Highvern for the past…