FundRock Management Company, a European third-party ManCo and AIFM owned by Apex, has been appointed by Partners Capital to provide ManCo services to its flagship fund. FundRock previously supported the fund’s re-domiciliation to Luxembourg. Partners Capital is an outsourced investment office managing >USD51bn of assets and acting for endowments and foundations, investment professionals and families.…
Category: Independents
Vistra hires C.I. MD
Vistra, the Asia-based fund and corporate services provider, has appointed Jonathan Ferrara as managing director for the Channel Islands. He will have full responsibility for the leadership and strategic development of Vistra’s C.I. offices, which provide real estate and private equity services as well as wealth management solutions. Ferrara has held senior roles at Bank…
IQ-EQ partners with Novata for ESG solution
IQ-EQ, the Luxembourg-based administrator, has formed an alliance with Novata, a technology platform providing private markets participants with an ESG data solution. The alliance aims to help portfolio companies report the highest quality data to investors and ultimately drive positive sustainable change. Through this platform, asset managers, investors and portfolio companies can identify the ESG…
IQ-EQ hires MD for Switzerland
Patrik Marti has joined IQ-EQ as the managing director for Switzerland. He spent 20 years at Credit Suisse before leaving at the end of 2022. He will report to Diana Senanayake, regional CEO for continental Europe.
Ocorian appoints first CIO
Ocorian, the C.I.-based administration services provider, has appointed Stuart Geddes as its chief information officer, a newly created role. Geddes, who has been with Ocorian since 2016, is based in Jersey, C.I. Nine members of Ocorian’s IT senior leadership team report to him directly,
Apex appoints group president
Apex has appointed Samir Pandiri to the newly created role of group president and member of the executive committee. Reporting to founder & CEO, Peter Hughes, Pandiri will be responsible for overseeing functions including operations, technology product innovation, risk and human resources. He joins from Broadridge, where he was most recently responsible for post-trade technology,…
Apex expands in Ireland
Apex has expanded its established presence in Ireland, with the opening of a new Limerick office and creation of new job opportunities. Apex plans to create more roles in Limerick and is seeking to hire professionals with experience in fund administration, accounting and corporate services. (For more information, visit the Apex careers page). Apex’s new…
CEO quits Universal Investment
Michael Reinhard has unexpectedly stepped down from his position as CEO of Universal Investment Group “to seek new challenges”. David Blumer, who has been non-executive chairman of the investment board of Universal Investment Group for over a year, is to take on the role of executive chairman until a new CEO is appointed. Blumer has…
France “most complex” country for business
TMF Group, the Netherlands-based administrator, has launched the 10th edition of its Global Business Complexity Index (GBCI). The report analyses 78 jurisdictions which account for 92pct of the world’s total GDP and 95pct of net global FDI flows. It compares 292 annually tracked indicators, offering data on key aspects of doing business, including incorporation timelines,…
Etana appoints CTO
Etana Custody, a U.S.-based, regulated provider of multi-asset custody and support services, has appointed Dennis Noto as chief technology officer. Noto joins Etana from previous roles as CTO at several financial technology companies, including IBM, LPL Financial, and Scottrade. Etana Custody is a regulated trust company that offers a technology platform providing exchanges, institutions, investment…