Langham Hall, a UK-based provider of fund administration and AIFMD services, has supported the launch of Zenzic Capital’s new evergreen debt fund, the Zenzic Real Estate Credit Opportunities Fund. The fund is targeting commitments of up to USD3bn. Langham Hall is providing fund accounting and administration services to the fund and associated entities from its…
Category: Mandates
Axcelus outsources to SS&C
Axcelus Financial, a provider of life insurance and annuities, has selected SS&C to modernise its IT stack and transform its operations. Additionally, Axcelus is transitioning IT infrastructure and client support for its operations in the U.S. and Bermuda to SS&C Global Investor & Distribution Solutions. As a result, some Axcelus staff will transfer to SS&C.…
BNPP wins Allianz UK mandate
BNP Paribas been awarded a mandate from Allianz UK to provide a range of asset services in the UK, including global custody, agency securities lending, auto FX, CLS and cash services. The onboarding process has now been completed. This mandate builds on the existing partnership with Allianz in core markets including Germany, Italy and Belgium.
Arysteq expands with Apex
Arysteq Asset Management, Namibia’s leading and wholly Namibian-owned investment manager, has expanded its long-term partnership with Apex Group by adopting Apex’s open-ended fund administration and transfer agency services.
Boothbay appoints SS&C GlobeOp
Boothbay Fund Management, a multi-strategy alternative investment advisor, has selected SS&C GlobeOp as its fund administrator. Boothbay’s multi-manager platform has >USD2.5bn AuM across >140 separately managed accounts.
NTRS to support Brandes Australia fund
Northern Trust has expanded its relationship with Brandes Investment Partners (Asia) Pte Ltd, part of the Brandes group of companies that includes Brandes Investment Partners L.P, to support the launch of the Brandes Global Value Fund in Australia, providing global custody and fund administration. Brandes, a California-based investment advisory firm, has been a Northern Trust…
Waystone to support Bellevue ETF
Bellevue Asset Management has launched the Bellevue Healthcare ETF, an actively managed UCITS ETF focused on global healthcare equities. Bellevue will use Waystone’s white label ETF platform, which offers end-to-end support for the fund, from set- up to distribution.
Aztec wins private credit mandate
Aztec Group, the C.I.-based provider of fund and corporate services to the alternative investments industry, has been appointed BGO Partners to provide administration services for a number of its private credit fund structures. Under the mandate, Aztec will provide fund and corporate services, including AIFM and depositary, from its Luxembourg and Jersey offices.
Apex wins Japanese mandate
Apex has been appointed by Nezu Asia Capital Limited to provide support services for the launch of its Japan-focused Nezu Engagement Fund. The mandate extends the group’s existing relationships with both Nezu Asia and United Managers Japan, Under the agreement, Apex will deliver fund administration services from its Hong Kong office, custody from European Depositary…
UniCredit expands with BNPP
BNP Paribas has been awarded a mandate from UniCredit Group to provide custody and settlement services to its entities in Italy, Germany and Luxembourg. BNP Paribas will provide specialised services that are tailored to UniCredit S.p.A., UniCredit GmbH, and UniCredit International Bank S.A. for their settlement, custody and clearing needs. The service spans different locations,…