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.
Category: Independents
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.
Bitwise selects SS&C
Bitwise Asset Management, a crypto index fund manager with AuM of USD1.3bn, has selected SS&C’s Eze Investment Suite to support its trading operations. Eze Investment Suite will support trading, portfolio management, compliance and operations.
UI completes takeover of EFA
Universal Investment Group, the Germany-based administrator, has completed the acquisition of Luxembourg-based financial services provider European Fund Administration S.A. (EFA). The agreement has recently been approved by CSSF, the Luxembourg financial regulator. EFA will act as the group’s international investor services platform. EFA and Universal Investment Luxembourg will continue as separate entities and will be…
GenTwo appoints EDB
European Depositary Bank, the Apex-owned provider of banking, paying agency, depositary and custody solutions, has been appointed to provide paying agent and banking services for third party investors to GenTwo. Zurich-based GenTwo creates securitisation platforms for asset managers, banks, family offices and venture capital investors, enabling professional investors to invest in bankable and previously non-bankable…
ZEDRA gets green light for Atlas takeover
ZEDRA, the Switzerland-based administrator, has received regulatory approval from the Central Bank of Curaçao and Sint Maarten for its acquisition of Curaçao and U.S.-based Atlas Fund Services, a privately held alternative investment fund administrator.
SS&C hires CIO for GIDS business
Declan McCarthy has joined SS&C as CIO, global investor & distribution solutions in Europe. He is based in Dublin. McCarthy previously spent nearly 12 years at State Street, most recently as global head of IT relationship management.