Formidium, the U.S.- based administrator (formerly Sudrania), has launched Crypto Fund Tax, a suite of tax services, including tax allocations, reporting, and filings for funds invested in digital assets. Crypto Fund Tax is aimed at managers and funds that invest in cryptocurrency, DeFi, blockchain, mining, staking, NFTs, tokens, private equity, venture investments, and real estate…
Category: Independents
HIGHVERN appoints INED for Ireland
HIGHVERN, the C.I.-based administrator, has appointed Colm Clifford as an Irish Independent Non-Executive Director. He will join the board as an INED and chair, alongside Ireland country head, Philip Dempsey, and fellow directors Emma Keane and Adrian Bailie. Clifford is a former KPMG audit partner, holding various senior leadership roles specialising in financial services.
Crestbridge appoints UK head of corporate services
Crestbridge, the C.I.-based alternatives fund services provider, has appointed Anthony Lee as UK head of corporate services. He joins from Apex, where he was head of listed funds, UK.
KAR appoints Apex for Australian fund
Kayne Anderson Rudnick, a U.S.-based manager, has appointed Apex Group to service its Australian fund. KAR has >USD45bn AuM, offering a variety of actively managed equity and fixed-income strategies to institutional, broker-dealer and high-net-worth clients. Apex will provide fund administration, custody and transfer agency services to the Kayne Anderson Rudnick Global Small Cap Fund.
STP acquires WealthSite
STP Investment Services, a U.S.-based fund administrator that was acquired by Lovell Minnick earlier this year, has acquired WealthSite, a firm that provides an accounting, portfolio management, reporting and analytics platform to single and multi-family offices, traditional wealth advisory firms and money managers serving UNHW clients. The acquisition brings STP’s total AuA to >USD400bn.
VIAM appoints Apex for new credit fund
Apex has been appointed by VI Asset Management to provide fund administration services for its inaugural evergreen Asia private credit fund. VIAM has >USD11bn AuM across multiple asset classes and business centres in Hong Kong, Singapore, and South Korea. The VI Asia Private Credit Fund LP will provide financing solutions to Asian SMEs that are…
Intech appoints SimCorp
Intech, a quantitative asset manager, has selected SimCorp as its partner for the implementation of SimCorp’s investment operations service solution. The agreement covers the integration of SimCorp’s full lifecycle management service to support all of Intech’s post-trade, performance, compliance, and IBOR-related activities. As part of the agreement, SimCorp’s Snowflake-powered data warehouse and cloud-native client engagement…
Altum appoints CRO
Altum Group, a C.I.-based provider of fund, corporate, and family office solutions, has appointed John Everett as group chief risk officer. He was previously group chief risk officer at Equiom, and has also worked at the Jersey Financial Services Commission.
Euroclear plans to acquire Goji
Euroclear plans to acquire Goji, a UK-based provider of digital access and technology-enabled solutions for private markets, subject to regulatory approval. Goji serves nearly 30,000 investors from 80 investor jurisdictions, and is regulated by the FCA. Apex recently selected Goji for onboarding of alternatives clients.
ClearLife appoints Equity Trustees for new fund
ClearLife Capital Pty Ltd, an Australian investment firm, has selected Equity Trustees as trustee for its new wholesale fund, the ClearLife Capital Opportunities Fund.The fund invests primarily in a portfolio of securities listed on the Australian and New Zealand stock exchanges, taking both long and short positions.