Category: Mandates

Sands Capital Management, a U.S.-based manager with USD58bn AuM, has selected Northern Trust to provide fund administration, transfer agency, depositary and global custody services for its USD6bn Ireland-domiciled UCITS umbrella fund. The appointment consolidates provision of all asset servicing functions for Sands Capital Funds Plc to Northern Trust. The mandate builds on Northern Trust’s existing…

Apex has been appointed to provide fund administration services, corporate and depositary solutions to Valpre Capital UK Limited, a UK-based investment firm focused on sourcing, structuring and seeding real estate and private equity investments. Apex will administer the Valpre Capital Dublin Real Estate Fund LP, which has a target portfolio size of c. EUR150m and…

EFA, the Luxembourg-based administrator which has AuA of EUR136bn (USD162bn), has been appointed to provide fund administration services to a newly launched fund from Piquemal Houghton, a Paris-based asset manager registered with the AMF. The Luxembourg-domiciled UCITS fund has been approved by the CSSF. EFA will provide services including NAV calculation, risk and compliance, performance…

Thuso Incubation Partners (Pty) Ltd, a South Africa-based majority black-owned asset manager and incubation specialist, has selected Prescient Fund Services (Pty) Ltd as the fund administrator for its fund of private equity funds and associated incubation program. Thuso, which is backed by Ke Nako Capital, a South African-domiciled mid-market private equity specialist, was established in…