Apex Group has become the strategic lead investor in Tokeny, the Luxembourg-based enterprise-grade tokenisation solutions provider. By leveraging Tokeny’s expertise, Apex says it is positioned to provide its single-source solution in the tokenisation era. At the beginning of 2023 Tokeny announced a partnership with Inveniam Capital Partners, Inc., a SaaS company delivering trust, transparency and…
Category: Independents
IQ-EQ supports iCapital in France
iCapital, the fintech platform supporting access to alternative investments for the wealth management industry, has partnered with IQ-EQ to establish a new series of French-domiciled funds. iCapital appointed IQ-EQ’s Paris-based team to provide fund administration services and to act as AIFM for iCapital funds that will be launched through the partnership and made available on…
Formidium appoints CMO
Formidium, the U.S.-based administrator, has appointed John Manley as its new chief marketing officer, based in Chicago. He was previously in private practice.
Alter Domus expands in Lux
Alter Domus, the Luxembourg-based provider of fund administration, private debt, and corporate services, has opened a third Luxembourg satellite office in Wecker to serve cross-border team members based in Germany. The Wecker office has capacity for 24 employees, and follows the opening of satellite offices in Steinfort and Frisange earlier this year to cater for…
Vistra to acquire Lux ManCo
Vistra Fund Management, the Luxembourg-based third-party AIFM of Singapore-based Vistra Group, plans to acquire Kroll (Luxembourg) Management Company S.à r.l., a super ManCo with UCITs and AIF licences. The transaction is subject to regulatory approvals. Jan Vanhoutte will lead VFM’s expanded business as managing director. Anil Singh will continue with the business in a leadership…
Gen II hires bus dev MD
Gen II Fund Services, the independent private equity administrator, has hired Jeff Rosen as managing director of business development. Rosen joins from Ultimus LeverPoint, where he spent a year, and has also worked at Citco and Citi.
Langham Hall wins Farview mandate
Langham Hall, the UK-based administrator, has been appointed to provide administration and accounting services for the four deal structures of Farview Equity Partners from its Guernsey office. Langham Hall assisted Farview in transitioning structures from another administrator in 2022.
CastleArk selects SEI’s ETF platform
CastleArk Management, a USD3bn Chicago-based investment manager, has selected SEI’s Advisors’ Inner Circle Fund as its operational platform to launch the CastleArk Large Growth ETF, its first active ETF.
Waystone deploys pControl
Waystone Management (UK) Ltd has implemented the pControl NAV oversight platform from Milestone Group, the Australia-based provider of oversight and backup NAV solutions that is owned by BNY Mellon. The platform provides a NAV oversight and validation tool across Waystone Management UK’s portfolio of ACD clients, which currently includes approximately 160 funds with GBP85bn (USD106bn)…
TMF implements Sentry PM
TMF Group, the Netherlands-based provider of compliance and administration services, has implemented Broadridge’s Sentry PM, a cloud-based private debt and CLO portfolio management solution. The platform will enable TMF to launch a new service offering for CLO administration, which it plans to bring to market in 2024.