Oak Group, the C.I.-based administrator, has appointed Kim Sgarlata as group CEO. She previously held the positions of global head of strategic programme development and global head of wholesale transformation at HSBC. She has also worked at Capco, Accenture, Bank of America Merrill Lynch and State Street.
Category: Independents
TMF appoints two regional BD heads
TMF Group, the Netherlands-based provider of compliance and administrative services, has appointed Joel Cardenas as head of business development for Latin America, and Ard Crebas as head of business development for North America and the Caribbean. They will both report to TMF’s chief commercial officer, Jan Willem van Drimmelen. Both are internal appointments.
IQ-EQ appoints first Ireland CCO
Paul Griffith has been appointed by IQ-EQ as its first chief commercial officer for Ireland. Prior to joining IQ-EQ in 2021, Griffith was a commercial director with Intertrust Group. He will join the regional leadership team and will manage the regional sales team.
SS&C to support new interval fund
Accordant Investments LLC, a registered investment advisor, has appointed SS&C Technologies to support the operations of its first registered interval fund, the Accordant ODCE Index Fund. Accordant will deploy SS&C’s services supporting interval funds, including registered fund services, administration, transfer agency, tax and treasury services.
IQ-EQ hires from RBC
IQ-EQ has appointed David Giannone as senior managing director in the business development team in the U.S. He will specialise in private capital, offshore structures and business development. Giannone spent nearly 10 years at RBC Investor Services, most recently as global head of business development. It is understood that RBC IS is winding down its…
EQT agrees sale of Irish business
EQT Holdings Limited, the ASX-listed holding company for Equity Trustees, has reached an agreement to sell its investment in its Irish business for a nominal sum. The business will be sold inclusive of cash held for regulatory capital purposes of EUR600,000-EUR700,000. In addition, a managed exit of the regulated activities conducted by the UK business…
Citco hires global ops head
Carl Andrews has been appointed global head of operations for Citco, the specialist alternatives administrator. Andrews, who is based in the UK, previously spent over 13 years at HSBC, most recently as head of Europe and the Americas for the securities services business.
Waystone completes Link deal
Waystone has completed the acquisition of the Irish and UK businesses of Link Fund Solutions, a division of Link Group, with all regulatory approvals and other contractual conditions completed. The transaction will see >600 staff join the business and significantly expand Waystone’s presence in existing and new territories, including India. Waystone recently announced Sanjiv Sawhney…
Altum expands in UK
Altum Group, a C.I.-based provider of fund, corporate, and family office solutions, has expanded in the UK, moving to new offices led by managing director, Simon Drewett. He was previously at Crestbridge, where he led a team providing FCA-regulated fund management services.
Maples wins private credit fund mandate
The Maples Group has been selected to provide fund administration services for the Ruya Private Capital I LP, a private credit fund managed by Ruya Partners Limited based in the Abu Dhabi Global Market. Ruya Partners is an independent, partner owned private capital investment firm that provides customised financing solutions for private-sector firms in developing…