Category: Independents

Apex has announced plans to acquire various operating businesses of troubled asset management services provider, MJ Hudson. Apex intends to acquire MJ Hudson’s business divisions which offer services including ESG, ManCo, quantitative, investment advisory, custodian bank benchmarking, Channel Islands fiduciary and fund administration, as well as investor relations and marketing solutions. MJ Hudson’s ManCo services…

Arcesium, the fintech in which J.P. Morgan holds a stake, has launched Aquata, an “out-of-the-box” data platform. Aquata is engineered to support various client types, including institutional asset managers, private markets investors, custodians, fund administrators, prime brokers, and hedge funds, to manage their investment data. With Aquata’s pre-built data models and connectors, combined with its…

PolySign, a U.S.-based provider of blockchain-enabled digital asset infrastructure for institutional investors, has appointed Chuck Ocheret as its new chief technology officer, based in New York. He was previously CTO at Symbiont. The PolySign family of products includes MG Stover and Standard Custody & Trust Co. MG Stover is an alternatives fund administration firm, whilst…

TMF Group, the Netherlands-based provider of compliance and administrative services, is to acquire Goodbody Fund Management, part of Goodbody Stockbrokers, one of Ireland’s leading financial services firms. Completion of the transaction is subject to regulatory approval. In operation since 2013, GFM and the property investment management team provide fund solutions to AIFs and UCITS, as…

FundRock, the Apex-owned third-party ManCo and AIFM, has been appointed by Boston Partners to provide ManCo services. The first of a series of planned sub-funds will be launched on the Irish FundRock UCITS Platform I ICAV. Boston Partners is a global value investor with USD79bn AuM across 18 investment strategies.