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.
Category: Independents
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…
UI appoints Rougier as Lux country head
Universal Investment Group has appointed Etienne Rougier as Luxembourg country head. This is alongside his position as group COO. Following the 2022 acquisition of efa, the Luxembourg business now has a combined workforce of more than 500 employees, with EUR294bn AuA. Rougier succeeds Sofia Harrschar, who will now focus on expanding the alternative investments business.
Phoenix American wins new RE mandate
Phoenix American, the U.S.-based administrator, has established a fund administration relationship with Great Oak Funding, a real estate debt fund sponsor. Phoenix American will support the Great Oak Funding Finance VII offering with its investor services platform featuring the STAR-XMS shareholder management/transfer agency system.
Centralis to acquire Ferris
Centralis Group, the Luxembourg-headquartered administrator, plans to expand its real estate service offering through the acquisition of Ferris Group. Ferris, also based in Luxembourg, is a specialist real asset service provider, working with real estate SPVs and investment funds.
ZEDRA partners with Cascata
ZEDRA, the European administrator, has partnered in the U.S. with Cascata Solutions, the digital waterfall fund administration software provider. ZEDRA will deploy the Cascata platform for carried interest and fee administration for its private equity, private credit, venture capital and real estate clients.
Equity Trustees wins FIIG mandate
FIIG Securities, an Australia-based fixed income manager, has selected Equity Trustees to be the trustee of its new fund, the FIIG Australian Bond Fund.
Zodia appoints CCO
Zodia Custody, the UK-based digital assets custodian, has appointed James Harris as its chief commercial officer. He joins from CCData.
JTC adds two PE/RE managers
JTC, the C.I.-based professional services firm, has added two managers to its funds team in Jersey. Will Turner and Ben Durbano specialise in real estate and private equity respectively and join Ashley Vardon, senior director – fund services, who was appointed earlier this year. Turner was previously at Crestbridge, whilst Durbano joins from Sanne.
IQ-EQ wins UK REIT mandate
Urban Logistics REIT plc has appointed IQ-EQ to provide regulatory and compliance services in the UK. Urban Logistics REIT plc invests in properties across the UK.