Morphosis Venture Capital Limited has appointed Apex to provide fund services to Alicorn India Fund 1 LP. Morphosis, which is regulated by the Dubai Financial Services Authority, is a venture capital firm and accelerator, investing in early-stage tech-first start-ups. Alicorn India Fund 1 LP is a USD100m fund focused on India, with an emphasis on…
Category: Independents
AB Capital selects SS&C Aloha
AB Capital Group, a Philippines-based financial services provider, has selected the SS&C Aloha platform to help launch and grow its new private wealth business and replace the legacy system supporting its trust division. Cloud-native SS&C Aloha will deliver front, middle and back-office functions, including IBOR, ABOR, performance and risk, client reporting, billing and compliance. AB…
Participant Capital appoints Apex
Apex has been appointed by Participant Capital Advisors, LLC, a U.S.-based real estate investment firm, to provide fund and financial services. Participant is the affiliated asset management arm of Royal Palm Companies, which has developed more than 50 large-scale, mixed-use projects over 40 years. Apex will provide fund administration services to Participant Capital’s Luxembourg domiciled…
Accelerate adds NFTs to Tetra mandate
Accelerate Financial Technologies Inc., a Canadian alternative investment solution provider, has acquired five non-fungible tokens for its Accelerate NFT Fund. The fund’s NFTs and cryptocurrency are held in custody with Tetra Trust Company, Canada’s first qualified custodian for cryptocurrency and digital assets. Tetra Trust is currently partnering with Ledger Enterprise to deliver a secure information…
Opus hires BD director
Opus Fund Services, a U.S.-based fund administrator, has appointed Robert Ansell as director, business development. Ansell joins Opus from Birdsong Capital Management.
Blue Collective expands with Apex
Blue Collective, a U.S.-based venture capital manager with USD130m AuM, has expanded its relationship with Apex to include fund administration. Blue Collective was previously a tax compliance and planning client of FTS, a tax services provider in which Apex took a majority stake in 2022.
IQ-EQ hires Jersey risk & compliance head
IQ-EQ, the Luxembourg-based service provider, has appointed Jon Stevens as head of risk and compliance for its Jersey business. He was most recently director of policy at the Jersey Financial Services Commission.
EQT gets green light for AET deal
Equity Trustees, the Australia-based administrator, has received the ministerial approval required to acquire Australian Executor Trustees Limited. The targeted acquisition completion date is 30 November 2022.
Sycamore selects LemonEdge
LemonEdge, a UK-based fintech, has been selected by Sycamore Partners to provide its low-code API. LemonEdge software will help Sycamore to offer more flexibility, real-time investor reporting, and operational efficiencies.
Axiom deploys Accelex
Accelex, the UK-based data acquisition, analytics and reporting solution for private markets investors and asset servicers, has been appointed by Axiom Asia Private Capital to provide its SaaS solution in support of its private equity investment data extraction activities. Axiom Asia currently manages nine private equity funds, with total commitments of over USD7bn.