Apex has been appointed as fund administrator and compliance services provider for MPower’s latest venture capital vehicle, MPower Partners Fund II LP. MPower was founded by three Japanese women,
Category: Mandates
Citi to adopt Fenergo across Europe
Citi has adopted Fenergo’s Client Lifecycle Management platform to digitise select transfer agency services for regulated funds in Europe. The Fenergo platform will enable Citi to offer customised policy-driven risk assessments, automated data validations and real-time reporting through API connectivity. The adoption of Fenergo for regulated funds in Europe is part of Citi’s ongoing digital…
Ripple appoints BNY for RLUSD custody
Ripple, a provider of digital asset infrastructure for financial institutions, has appointed BNY as primary custodian of Ripple USD (RLUSD) reserves. BNY will serve as the primary reserve custodian of RLUSD,. In addition, BNY will provide transaction banking services to underpin RLUSD’s operations and deliver integrated solutions.
Apache selects Ocorian
Ocorian, a C.I.-based provider of fund and corporate administration services, has been appointed by Apache Capital Partners, a UK real estate investment manager, to provide fund administration, fiduciary and accounting services on its build-to-rent (BTR) platforms.
GemLife Partners with Equity Trustees
In Australia, GemLife has partnered with Equity Trustees as the responsible entity and custodian for the GemLife Communities Group Fund. This was the first fund to list under ASIC’s fast-track IPO process, which aims to improve market efficiency while maintaining strong investor protections.
Syz appoints CACEIS as exclusive provider
CACEIS has been appointed by Syz Asset Management, part of Swiss family-owned Syz Group, to provide custody, fund administration, and transfer agency. The mandate covers all of Syz Asset Management’s funds totalling over CHF3bn (USD3.78bn). Syz Asset Management specialises in bond and money-market instruments for Swiss institutional investors.
BNY wins (back) WisdomTree ETF mandate
BNY has confirmed that WisdomTree, Inc. to provide custody, depositary, accounting, fund administration and ETF services for its Europe-listed products. WisdomTree Europe has AuM totaling USD40.1bn. BNY is expanding its relationship with WisdomTree as custodian, administrator, securities lending agent and ETF servicing provider across its U.S.-listed products, to now include capabilities which support its Irish-domiciled…
State Street to service COtwo ETP
State Street has been appointed as fund administrator and transfer agent for the COtwo Advisors Physical European Carbon Allowance Trust (NYSE Arca: CTWO), the first US-listed exchange-traded product backed by physical European Union Allowances (EUAs). State Street will deliver ETF solutions, including fund accounting, administration, and transfer agency.
NTRS wins IDS mandates in Asia
Northern Trust has been selected by Hong Kong-based asset managers Clean Alpha Partners and Keyrock Capital Management Limited to deliver Investment Data Science solutions through its strategic partnership with Equity Data Science (EDS). Under the mandates, Northern Trust will provide access to EDS’ Research Management System, a workflow solution that integrates real-time quantitative and qualitative…
TMF wins RE mandates
TMF Group, a Netherlands-based provider of financial, funds and corporate services, has been appointed by Chelsfield Asia to deliver a combination of fund administration and corporate services. Chelsfield Asia is an international real estate investment company focused on asset management, development and investment with operations in Hong Kong, SAR, Shanghai, Singapore and Tokyo. The deal…