Apex Group is working with Japan Growth Investments Alliance, a private equity manager, to provide fund administration services to JGIA III Series Fund. The appointment comes after Apex supported a previous JGIA Series Fund.
Category: Mandates
State Street wins ETH ETF mandates
State Street has been appointed as a service provider by two issuers of the recently-approved ETH spot ETFs in the U.S. VanEck (ETHV) and Fidelity (FETH) have selected State Street to provide cash custody, fund accounting, transfer agency, basket services and electronic order taking.
UBS AM outsources to CBRE
CBRE has been appointed by UBS Asset Management’s U.S. real estate & private markets business to provide a range of fund administration and related services for its U.S. real estate and farmland assets. As part of the agreement, a team from UBS Asset Management has moved to CBRE. Services provided by CBRE under this agreement…
Aztec supports eevolve fund launch
Aztec Group, the C.I.-based fund and corporate services provider, has supported the launch of eevolve Partnership SCSp, the first fund from eevolve, the Swiss asset manager established in 2022. The fund was oversubscribed at EUR372m (USD404m). Aztec will continue to provide ongoing administration and accounting services to the fund and its investment structures from its…
Yealand selects Confluence for NAV service
Yealand Fund Services, a small UK-based ACD and fund administrator, has selected Confluence’s valuations pricing service to deliver greater transparency and efficiency in the pricing of multi-asset class financial instruments to its clients. Yealand will replace a previous provider to enhance the accuracy of data feeding its operational, portfolio management, and risk management processes while…
Citi to support new Eurizon ETF
Eurizon SLJ Capital, the UK-based investment manager of Eurizon, the asset management company of Intesa Sanpaolo with EUR384bn (USD418bn) AuM, has launched its first Ireland-domiciled actively managed ETF with Connect ETFs, a new ETF platform connecting asset managers with leading ETF service providers. The platform uses Carne Global Fund Managers (Ireland) Limited as ManCo and…
Komainu wins platform mandate
Komainu, a C.I.-based digital asset custodian, has been chosen as custodian for all digital asset funds and strategies available on DigitalArray, the global fund platform for digital asset funds launched by AI Global Strategies. Headquartered in Bermuda, the company is an incorporated segregated account of Alpha Innovations International ISAC Ltd. and is registered to conduct…
Schroders outsources to CBRE
Schroders Capital’s real estate business has signed an outsourcing agreement with CBRE, which will provide real estate fund administration services in the UK and Luxembourg. Under the agreement, CBRE provides fund accounting and administration services for approximately GBP11bn (USD14bn) of Schroders Capital’s UK and Luxembourg-based real estate funds.
Maples wins ADGM mandate
Natural Ventures has appointed the Maples Group as fund administrator for its Natural Ventures Fund I LP. The USD100m, 10-year closed fund is domiciled within the Abu Dhabi Global Market. Natural Ventures invests in scalable, proven technologies with commercial success that directly enhance water and food security.
Nasdaq appoints Zodia
Nasdaq has appointed Zodia Custody as a core custodian for its suite of crypto indices.