Aztec Group has been appointed as fund administration provider to Corten Real Estate, a U.S.-based real estate investment manager. Aztec is providing Corten with fund administration, financial reporting and investor relations services from its Philadelphia office. Corten focuses on providing solutions and strategic capital to stakeholders across real estate sectors in the U.S.
Category: Mandates
Awqaf partners with Apex
Apex Group has been appointed by Awqaf Investment, the investment arm of the General Authority for Awqaf in Saudi Arabia, as its new strategic partner. Awqaf provides investment services to the non-profit sector. Apex Group will be providing fund accounting, transfer agency, and middle & back office outsourcing. In 2023 State Street completed implementation of…
BNPP wins major European mandate
BNP Paribas has been mandated by Flossbach von Storch, one of Europe’s leading independent asset managers with >EUR 70bn (USD76bn) AuM, to provide services including global custody, fund accounting, and transfer agency for its UCITS funds in Germany and Luxembourg, covering >EUR 50bn (USD54bn) in assets.
Varys appoints FundRock for ADGM fund
Varys Capital has appointed FundRock Investment Management Services (ME) Ltd, the Apex-owned fund management company, to manage a feeder fund, Varys Capital Ventures (CEIC) Limited in the Abu Dhabi Global Market. Apex Fund Services (AD) Limited has been appointed as fund administrator.
Northern to service new ELTIF
Partners Group has appointed Northern Trust to provide fund accounting, transfer agency, depositary and corporate secretarial services for its new European Long Term Investment Fund (ELTIF)-compliant Private Equity Evergreen Fund, structured as a Luxembourg-domiciled SICAV. Based in Switzerland, Partners Group is a private markets firm with USD147bn AuM.
BGV signs with Allvue
Allvue Systems, a provider of alternative investment technology solutions, has been mandated by BGV to provide investor portal software. BGV is an early-stage venture capital firm based in Silicon Valley focusing on global Enterprise 4.0 technology innovation. Allvue’s solutions will streamline the growing firm’s investor relations and prospective investor communications efforts through the delivery of…
Kingsview expands with Ultimus
Ultimus, the U.S.-based provider of fund administration, accounting, and investor solutions, has been appointed by Kingsview Wealth Management, LLC to support four new ETF launches. Ultimus first worked with Kingsview in 2021 to support the launch of the three initial Monarch ETFs.
U.S. Bank to support Pacer’s European ETFs
U.S. Bank has been appointed to provide fund administration, transfer agency and global custody services for Pacer Financial’s three new European ETFs, which are the European version of three of Pacer’s Cash Cows strategies: Pacer Global Cash Cows Dividend UCITS ETF; Pacer US Cash Cows 100 UCITS ETF; and Pacer Developed Markets International Cash Cows…
Equip Super hires Northern Trust
Northern Trust has been appointed to provide asset servicing solutions, including global custody, fund administration and portfolio analytics services, to Equip Super, an Australian super fund. The transition of services took effect in April 2024. Headquartered in Melbourne, Equip Super offers super, financial advice and pensions to more than 140,000 members across Australia. As of…
Imperium supports SNGLR fund launches
Guernsey-based fund services provider Imperium has supported SNGLR Capital in its recent fund closing. The two Guernsey-domiciled funds held their first closing, and are, by final closing, aiming for total commitments of EUR40m (USD44m). SNGLR is a Swiss-based manager investing in mainly European early-stage technology startups.