Copper.co, the UK-based digital assets services provider, has appointed Philip Hammond, a former chancellor of the exchequer, as chair.
Category: Independents
Crestbridge hires MLCO
Crestbridge, the C.I.-based administrator, has appointed Marie Morris as director, money laundering compliance officer. She will lead the financial crime compliance team in Jersey and act as the MLCO. Morris has over 25 years of experience in the finance industry. Prior to joining Crestbridge she was MLRO at a global bank.
Capital appoints SS&C
Capital Group has appointed SS&C to provide transfer agency services for its recently launched UK OEIC, the Capital Group U.K. – Global High Income Opportunities Fund. Capital Group has AuM of >USD2.1trn. SS&C is a transfer agent to Capital Group in the U.S.
Fenergo signs Citco
Citco has signed a deal with Fenergo, the client lifecycle management specialist. Citco selected Fenergo’s CLM software as a SaaS platform to deliver end-to-end client journeys through front-to-back-office integrations with AML screening providers, and centralised document management. Citco, which claims to have USD1.8trn AuA, provides services for hedge funds, private equity, and real estate funds.
Waystone hires strategy chief
Kieran Conroy has joined Waystone as head of strategy for fund administration & product, based in Canada. He was most recently head of hedge fund services at Citco.
Ultimus supports Kovitz conversion
Ultimus Fund Solutions, an independent provider of fund administration, accounting, and investor solutions, has worked with Kovitz Investment Group Partners, LLC on its launch of an actively managed ETF. The project involved oversight of the custody and accounting conversion of >USD640m in assets from multiple custodians, recordkeepers, and transfer agents, coordination with market participants and…
ICICI Venture expands with Apex
ICICI Venture, the India-based alternative investment manager, has expanded its longstanding relationship with Apex, appointing it to deliver end-to-end administration services to the India fund business. ICICI Venture is a pioneer in the Indian alternative asset management industry and partners with leading Indian and global institutional investors through various types of capital pools and investment…
RE manager selects Phoenix American
Phoenix American has been appointed by Wander, the real estate investment fund sponsor, to provide transfer agency, fund accounting and back-office services.
Purves to succeed Aztec’s Moore
Edward Moore, Aztec Group founder and CEO, is to become chair of the group board. He will be succeeded as CEO by current group chair, Kathryn Purves, effective 1 April 2023. Purves was appointed group chair in April 2022, having initially joined the group as a non-executive director in 2020.
Core opens in Guernsey
Core Fund Services (Guernsey) Limited has opened. Core is an independent, owner-managed business offering fund administration, accounting, compliance and corporate governance services to investment funds and management entities domiciled in Guernsey.