The ASCENT Group, a Singapore-based fund administrator with USD20bn AuM, is expanding into the UK market. Jamie Spark will be managing director of Ascent Fund Services (UK) Ltd. Having previously led business development in Australia.
Category: Independents
JTC appoints new CEO of INDOS
JTC, the C.I.-based administrator, has appointed Abi Holland as CEO of INDOS Financial, a UK-based provider of fund depositary and oversight services which JTC acquired in2021.She takes over the role from Alan Davies, who will continue to work with INDOS until his retirement.
Crestbridge hires Ireland compliance head
Crestbridge, the C.I.-based alternatives administrator, has appointed Paul Phelan as head of risk & compliance in Ireland. He will be responsible for risk, compliance and MLRO for Ireland. He was previously with Link Group.
Yealand appoints head of operations
Darren Hay has been appointed as head of operations at Yealand Fund Services, a UK-based administrator. Prior to joining Yealand, he worked at Columbia Threadneedle, Zurich Assurance, St James’s Place and, most recently, at Brunel Pension Partnership.
SS&C hires from ICI for compliance role
SS&C has hired Joanne Kane as chief compliance officer for SS&C Global Investor and Distribution Solutions (GIDS) in the U.S. She will lead efforts to identify and support the complex compliance and risk management needs of SS&C’s registered fund clients in the U.S. Kane joins SS&C from the Investment Company Institute, an industry association representing…
Suntera adds to finance team
Suntera Global, the Isle of Man-based administrator with USD35bn AuA, has promoted Alex Noel to chief financial officer and hired Tom Cope as group head of finance. Noel was previously director of mergers and acquisitions, whilst Cope was previously head of finance at Sanne, the Apex-owned administrator.
Vistra hires industry veteran for UK PERE role
Vistra, the Asia-based administrator, has hired David Page as UK business development director for private equity and real estate. He was most recently in the alternatives business development team at BNY Mellon.
Ultimus supports interval fund launch
Ultimus Fund Solutions, a U.S.-based independent administrator, has supported Flat Rock Global with the launch of its third interval fund, the Flat Rock Enhanced Income Fund. Flat Rock anticipates the fund will invest primarily in the junior debt tranches of collateralised loan obligations. Flat Rock is a U.S.-based alternative credit manager with >USD600m invested across…
Altum hires corporate development chief
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.
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…