Maples has been appointed to provide fund administration services to the newly launched Amplify Growth Fund. The fund is domiciled in the Dubai International Financial Centre and is targeting USD100m in capital commitments from institutional investors.
Category: Mandates
BNP Paribas wins PE mandate
BNP Paribas has been mandated by PAI Partners, a private equity firm investing in companies in Europe and North America, to provide depositary bank services for its eighth fund, PAI Partners VIII, representing EUR7.1bn (USD8bn). This new mandate extends PAI Partners’ long-term relationship with BNP Paribas, which already includes global custody, depositary bank and transfer…
SEB expands with Broadridge
Skandinaviska Enskilda Banken AB (SEB) is deploying Broadridge’s international post-trade processing solution to simplify and streamline its securities business. SEB is a long-standing user of Broadridge’s front and middle office solutions for order management, trade execution and allocation.
BNP Paribas wins in Australia
BNP Paribas’ securities services business has been chosen by The University of Sydney Endowment Fund to provide custody and fund administration services. The University of Sydney is the oldest university in Australia and has been operating an endowment fund since 1997, with AUD4.4bn (USD3.0bn) currently of AuM. The fund sought a new provider following the…
SLAM appoints SGSS for ELTIF
SGSS Luxembourg has been appointed as custodian, depositary bank, fund administrator, transfer agent and local representative agent by Swiss Life Asset Managers for the launch of its first ELTIF 2.0: Swiss Life Funds (LUX) Privado infrastructure S.A., SICAV-ELTIF. Earlier In 2024 SGSS was appointed by Schroders Capital as transfer agent for its new ELTIF 2.0.
Ultimus supports PlanRock’s ETF launches
Ultimus Fund Solutions has assisted PlanRock Investment Management with the launch of its first two actively managed ETFs. PlanRock appointed Ultimus as fund administrator to help expedite the launch process and expand its product offerings to investors.
IQ-EQ supports AirFund fund launch
AirFund, a digital marketplace established in 2021 to streamline the distribution of private market funds to individual investors through wealth management distributors, has launched its first feeder fund. This fund will invest in the master fund ACF IX, managed by Access Capital Partners. The feeder fund is being launched in collaboration with IQ-EQ, the investor…
Langham Hall supports Bread Street PE fund
Langham Hall, the UK-based administrator, has supported Sarasin Bread Street with the launch of its inaugural Bread Street Multi Vintage Private Equity Fund, which has secured EUR124m (USD138m) in investor commitments. Langham Hall has been selected to provide fund accounting and administration services from its Guernsey office.
KoCAA expands SEI relationship
Knights of Columbus Asset Advisors has expanded its relationship with SEI across technology, operations, asset management, and advisor services for its individual and institutional wealth management business. KoCAA is transferring >USD500m to the SEI Wealth Platform.
Direxion appoints SS&C for distribution support
Direxion, a provider of tradeable and thematic ETFs, has selected SS&C ALPS Distributors to provide medallion distribution services for its ETF and mutual fund range. Direxion manages more than USD40bn across a diverse suite of leveraged and inverse ETFs and mutual funds. SS&C ALPS Distributors will act as the underwriter and distributor for issuance, redemption…