Altum Group, a UK-based provider of fund, corporate, and family office solutions has appointed Michael Riley as head of corporate development. He was previously at Sanne.
Category: Independents
Waystone to acquire Link Fund Solutions
Waystone Group, the Ireland-based ManCo and asset servicing provider, has signed definitive agreements to acquire the Irish and UK businesses of Link Fund Solutions, a division of Link Group, subject to regulatory approvals and other contractual conditions. The acquisition will broaden Waystone’s UK offering to include transfer agency and alternative administration. It will add >USD190bn…
Ocorian appoints CCO
Ocorian, the C.I.-based fund services provider, has appointed Tania Mohacs as chief commercial officer. Based in London, she joined Ocorian in 2019, and was previously head of regulatory, legal and compliance.
STP hires strategy chief
STP Investment Services, a U.S.-based investment services provider with >USD400bn AuA, has hired David Whitaker as head of strategy & corporate development. Prior to STP Investment Services, Whitaker served for 16 years as president of Foreside Financial Group and, following its 2022 merger with ACA Group, the global services leader. He led the sale of…
Broadridge launches front-to-back solution
Broadridge, the U.S.-based fintech, has launched a trading solution that enables clients to achieve increased STP and efficiency, better trading decisions and client insights, improved controls, and reduced risk. The new solution aims to enable clients of Broadridge Trading and Connectivity Solutions to achieve greater agility and faster time to market, improved scalability, and reduced…
Apex wins major mandate in South Africa
Eskom Pension and Provident Fund (EPPF) has appointed Apex to provide portfolio management platform and investment fund administration services for a period of five years. EPPF is South Africa’s second-largest retirement fund with over ZAR169bn (USD9.3bn) AuM. Apex will provide front- and middle-office services including portfolio construction and rebalancing; portfolio management; digitised order management; pre-…
IQ-EQ appoints new Americas CEO
IQ-EQ, the Luxembourg-based administrator, has appointed Matt Okolita as regional CEO, Americas. He was previously global head of outsourced business services. As part of this planned leadership transition he will take over the role from Mark Fordyce, who will remain as non-executive chairman of IQ-EQ Americas. Okolita will report to Mark Pesco, group CEO of…
Universal Investment appoints COO
Universal Investment Group has appointed Etienne Rougier as COO. He will be responsible for technology, operations and change management. Rougier’s appointment will see the C-suite expand, which currently consists of CEO Michael Reinhard, chief customer officer Katja Müller and chief regulatory officer Frank Eggloff. Rougier joins from AllianceBernstein where he spent almost 10 years in…
SimCorp appoints EMEA MD
SimCorp has appointed Ralf Schmücker as managing director of EMEA. He began his career with SimCorp in 1999. From 2012 to 2020, he served as managing director of the DACH region.
Aztec supports Highland’s Fund V
C.I.-based Aztec Group has supported growth capital firm Highland Europe on its fifth fund, which closed after raising EUR1bn (USD1.1bn). Aztec has been administering Highland Europe’s funds since 2012 and, in addition to supporting on the close of Fund V, Aztec will continue to provide fund administration services to Highland Europe from its offices in…