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…
Category: Independents
FundRock appointed by Boston Partners
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.
IQ-EQ hires bus dev director in HK
IQ-EQ has hired Sigi Fung as business development director for Hong Kong. She joins from a media-related role.
Waystone appoints CCO
Waystone, the Ireland-based ManCo and administrator, has appointed David Morrissey as global chief commercial officer, based in Dublin. This is an internal appointment.
Altum opens in Cape Town
Altum Group, a C.I.-based provider of fund, corporate, and family office solutions, has opened an office in Cape Town, South Africa. The office will be led by Sandri Pieters, who was previously at Sanne.
Ocorian promotes Aron Brown
Ocorian, the C.I.-based administration services provider, has appointed Aron Brown as global head of regulatory & compliance. Brown founded, and was managing director of, Newgate Compliance, Ocorian’s compliance consultancy service which it acquired in 2020. In his new role he will report to Frederik van Tuyll, Ocorian’s chairman & CEO.
Versity appoints Phoenix American
Phoenix American has been appointed to provide Versity Invest’s real estate funds with investor services, featuring the STAR-XMS shareholder management/transfer agency platform. Based in California, Versity Invest is a real estate investment company founded in 2022. Versity currently manages c. USD1bn of investor equity investments.
Apex to support New Forest’s Africa platform
Apex has been mandated by New Forests, an existing client, to deliver fund services to its African Forestry Impact Platform. New Forests is an Australia-based investment manager of nature-based real assets and natural capital strategies, with AUD10bn (USD6.7bn) AuM across more than 1.2m hectares (2.9m acres). News Forests’ AFIP will continue to raise long term…
TMF to acquire Sino
TMF Group, the Netherlands-based provider of administrative services, is to acquire Sino Corporate Services Group. Sino was founded in 2007 and has offices in Hong Kong, China and Singapore, and employs 53 people. As a result of the acquisition, four members of Sino’s management team will join TMF. The deal follows the acquisitions of Hong…
Gamma opts for PFS-PAXUS
Gamma Fund Services Ltd, a fund services and administration company based in Bahamas, has selected the PFS-PAXUS fund administration system for its third-party fund administration business operations. PFS-PAXUS is provided by Isle of Man-based Pacific Fund Systems. Gamma has opted for a full SaaS cloud deployment model.