TMF Group, a Netherlands-based administration services provider, has supported CVC Capital Partners in its recent close of Fund IX, a EUR26bn (USD28.5bn) Jersey and Luxembourg-regulated fund. TMF will provide administrative services to the fund, including due diligence and onboarding of investors.
Category: Mandates
UI partners with Montrusco Bolton
Montrusco Bolton, a Canadian asset management firm with USD10.7bn AuM, has launched a new fund for US equities. The fund has been launched in collaboration with Germany’s Universal Investment Group. Structured as a Luxembourg SICAV vehicle, the UI I – Montrusco Bolton US Equity Fund will be available to investors in Luxembourg, Germany and Austria.…
EDB wins ADGM mandate
The European Depositary Bank, the Luxembourg-headquartered provider of banking, depositary and custody solutions owned by Apex, has been appointed by Aarna Capital Limited to provide digital banking solutions. Aarna Capital is a multi-asset brokerage firm, operating from Abu Dhabi Global Markets, offering clients access to futures, options, FX, bullion, equities, CFDs and fixed income products.
Blackwattle appoints Equity Trustees
Blackwattle Investment Partners, a start-up Australian equity investment manager, has chosen Equity Trustees to be the responsible entity (trustee) for its first range of Australian equity funds: the Blackwattle Small Cap Quality Fund, Blackwattle Large Cap Quality Fund, Blackwattle Mid Cap Quality Fund and Blackwattle Long-short 130/30 Quality Fund.
State Street to service abrdn’s European ETF
State Street has been appointed by abrdn, the UK-based asset manager with GBP500bn (USD643bn) AuM, to service its first actively managed ETF in Europe, the abrdn Global Real Estate Active Thematics UCITS ETF. State Street will provide abrdn with custody, fund accounting, order-taking, transfer agency and ETF servicing.
NatWest wins depositary mandate
NatWest Trustee and Depositary Services has been selected as Tenzing’s depositary provider to support the firm’s regulatory oversight requirements. Headquartered in London, Tenzing is a private equity firm investing in a diversified portfolio of tech and tech enabled businesses.
Ardian appoints CACEIS for new fund
Ardian, the France-based private equity manager, and Eight Advisory, a specialist financial advisory firm, have appointed CACEIS to provide custodian and registrar services for the Booster Fund, launched in March this year. With an initial size of EUR1m (USD680K), the Booster Fund supports female entrepreneurs aged over 45.
Sidra expands Apex relationship
Sidra Capital has expanded its relationship with Apex, which will now provide fund administration, directorship and corporate secretarial solutions. Saudi-based Sidra Capital is a Shari’ah compliant asset manager, licensed by the Saudi Capital Market Authority, that focuses on income generating real estate and private finance strategies. Sidra has partnered with Apex as its preferred service…
State Street wins in Chile
State Street has been appointed to provide custody and fund order services for Confuturo, a Chile-based insurance company that is one of the largest providers of annuities in the country. In 2022 State Street opened an office in Chile.
ALC taps Equity Trustees for new fund range
AL Capital, the Australia-based investment and fund management arm of Aqualand Group with c. AUD300m (USD205m) AuM, has selected Equity Trustees to be the responsible entity (trustee) of its new range of retail funds, the ALC Global Credit Fund, ALC Active Australian Equity Fund and ALC Active Global Equity Fund.