Eastspring Investments, the Asia-based manager owned by the UK’s Prudential, has appointed HSBC to provide middle office outsourced services and support its growth ambitions across multiple Asian markets, including Singapore and Malaysia. HSBC’s MO services will be integrated into BlackRock’s Aladdin platform, which Eastspring has been using since 2019. HSBC’s securities services relationship with Eastspring…
Category: Mandates
Langham Hall supports new PX3 fund
Langham Hall and Carey Olsen have advised PX3 Partners, the London-headquartered private equity firm, on the final close of its inaugural fund, PX3 Partners Fund I, at its EUR500m hard cap. The close brings PX3’s total assets under management to EUR1.1bn.
Schroders appoints BNPP
BNP Paribas has won a mandate from Schroders, on behalf of Future Growth Capital, a private markets business formed by Phoenix Group and Schroders to provide UK pension schemes with access to UK and global private markets. BNP Paribas will provide fund administration, global custody and loan administration services in the launches of two new…
Yealand wins Charteris mandate
Yealand Fund Services has been appointed by Charteris Treasury Portfolio Managers Limited as Authorised Corporate Director (ACD), fund administrator, and registrar for its UCITS umbrella, the YFS Charteris UK UCITS ICVC.
NTRS wins LTAF mandate
Northern Trust has been appointed to provide Partners Group with fund administration, depositary, and banking services for its first LTAF. Based in Switzerland, Partners Group is one of the largest firms in the private markets industry with over USD150bn AuM. The new LTAF, the Partners Group Generations Private Credit LTAF, focuses on providing defined contribution…
Apex wins Coinbase mandate
Apex has been selected by Coinbase Asset Management to provide fund administration services, delivered by Apex Malta, specifically tailored for digital asset strategies and its newly announced Coinbase Bitcoin Yield Fund (CBYF).
BBH wins Chilean mandate
Brown Brothers Harriman has been appointed to provide custody and fund order services for Compañia de Seguros Confuturo SA, a Chilean insurance company with USD2bn in assets abroad. In Latin America, BBH has supported pension funds, banks, insurance companies, asset managers, and third-party fund distributors in Chile, Colombia, Mexico, and Peru for almost 30 years.
Northern Trust wins ECO mandate
Northern Trust has entered into a service agreement with UK-based Ecosystem Certification Organisation (ECO) to provide recordkeeping and settlement services for digital carbon credit units issued to project developers under the Natural Forest Standard (NFS), which is administered and governed by ECO. Under the agreement, Northern Trust will record the Natural Capital Credits generated by…
SS&C wins Singapore mandate
Aquilius Investment Partners, a Singapore-based investment manager focused on the secondaries market in Asia Pacific, has appointed SS&C GlobeOp as a fund administrator.
Canso deploys SimCorp One
Canso Investment Counsel, a Canadian portfolio manager, is implementing the SimCorp One investment management platform. Canso will use the platform to enhance its operational efficiencies by streamlining its portfolio management operation. SimCorp One will enable Canso to manage its assets within a single system.