Blume Equity, a European climate-tech growth investor, has appointed IQ-EQ to support its maiden fund launch. IQ-EQ Luxembourg will support the new fund with administration, depositary and ManCo services under AIFMD. The team will also provide the GP with a range of corporate services. In addition, IQ-EQ’s UK business is providing regulatory hosting services.
Category: Independents
Altum supports HackCapital
Altum Group, a C.I.-based provider of fund, corporate, and family office solutions, has assisted HackCapital with the launch of its securitisation platform in Luxembourg. HackCapital is building an impact-investment marketplace that provides access to venture capital and accelerates investment into food, climate and health solutions globally.
Kneip and Next Gate form alliance
Kneip, a provider of fund-level data management and regulatory reporting, and Next Gate Tech, a fintech specialising in portfolio-level data management and analytics, have formed a commercial partnership to bring together both companies’ expertise in fund data management. Both businesses are based in Luxembourg. Earlier this year Kneip was acquired by Deutsche Börse.
Jupiter expands SS&C mandate
Jupiter Asset Management, the UK-based investment management group with GBP47bn (USD57bn) AuM, has extended its transfer agency contract with SS&C. SS&C provides TA services to Jupiter’s unit trusts and has now taken on Jupiter’s OEIC fund range, acquired in 2020 as part of its Merian Global Investors acquisition. The value of funds administered by SS&C…
Socium appoints head of bus dev
Socium Fund Services, which C.I.-based Suntera Global acquired earlier this year, has appointed Matthew Reynolds as head of business development, Americas. He joins Socium from Sanne, now part of Apex.
Morphosis appoints Apex for new VC fund
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…
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.