Apex has been appointed as administrator for NewVest’s inaugural Private Equity 50 Index Fund. U.S.-based NewVest is an institutional, tech-enabled platform of index funds designed to provide investors with diversified, passive exposure to private markets in the same way that ETFs and index funds provide passive exposure to public markets. Apex will provide fund administration,…
Category: Independents
CBRE hires RE senior from State Street
Barry Johnson has joined CBRE, the real estate specialist, as head of investment accounting and reporting for the Americas. He was most recently at State Street, where he was head of real assets servicing. He joined State Street in 2012 to lead the real estate fund services lift-out from Morgan Stanley.
IQ-EQ signs with Alpha
IQ-EQ, the Luxembourg-based administrator, has entered into an alliance with Alpha Group, a UK-based fintech, for account opening and currency management solutions. These services will be provided directly by Alpha to IQ-EQ clients.
Equity Trustees wins PE mandate
Northleaf Capital Partners, a Canadian private markets investment firm with USD22bn in capital commitments, has selected Equity Trustees to be the trustee and custodian of its senior private credit fund, NSPC AUD Investor Trust. NSPC Australia is an Australian-domiciled unit trust which is available to Australian wholesale investors; the fund invests directly in Northleaf Senior…
Apex plans to acquire in South Africa
Apex plans to acquire Efficient Group (Pty) Ltd. Based in South Africa, Efficient is the holding company of Boutique Collective Investments (RF) (Pty) Ltd and Boutique Investment Partners (Pty) Ltd. Founded in 2013, BCI provides a range of ManCo services with a core business focus on third-party branded portfolios. BIP is an independent investment management…
HIGHVERN hires fund director
HIGHVERN, the C.I.-based private wealth, corporate and fund administration services provider, has hired Gail Atamosa as a fund director. She was previously at Sanne, the UK-based administrator owned by Apex.
Citco enhances waterfall tool
Citco has enhanced its Citco Waterfall tool to enable clients to customise and calculate forward-looking investor distributions and carried interest scenarios on their desktop. The Scenario Modeling enhancement, which is also available as an add-on service within the Citco Waterfall tool, allows clients to generate carried interest projections through a step-by-step wizard, enabling them to…
Aztec opens in Ireland
Aztec, the C.I.-based alternatives administrator, has established a presence in Ireland with a hub in Kilkenny. This follows the appointment in 2022 of Kevin Hogan as head of Ireland fund services. Hogan joined from State Street. A recruitment drive is now underway to build a team of approximately 30. The roles will cover private equity,…
SS&C hires from State Street
Jonathan Tuthill has joined SS&C GlobOp as a managing director, based in Dublin. He previously spent nearly 11 years at State Street, most recently as head of PE & RE relationship management.
Tygrow appoints EFA
EFA, the Luxembourg-based administrator owned by Universal Investment, has been appointed by Tygrow to provide administration and accounting for its funds. To date, four private equity and real estate funds with more than 100 investors have been launched by Tygrow, valued by EFA. Tygrow is an independent management company based in France.