Sumitomo Mitsui DS Asset Management (SMDAM)—one of the largest asset management companies in Japan— has selected Burgiss, a provider of private capital data and analytics, as its long-term partner to help manage its growing business in alternative investments. SMDAM will deploy Burgiss’ portfolio management, transparency data, universe data, and investment book of record cashflow data…
Category: Mandates
Apollo selects Clearwater
Apollo, a Lloyd’s of London insurer with USD500m AuM, has chosen Clearwater Analytics, a provider of SaaS-based investment management, accounting, reporting, and analytics solutions, to automate and streamline its investment accounting processes, including data aggregation, trade reconciliation, and reporting on a single integrated platform.
Pricoa taps Apex for Spanish deal
Pricoa Private Capital, part of PGIM, has appointed Apex to support its provision of senior capital to Real Betis Balompié for refinancing. Real Betis is a Spanish professional soccer club based in Seville. Pricoa has provided the club with a EUR65m senior secured term loan. Apex in Spain acted as the facility and security agent…
Optimum expands RBC relationship
RBC Investor Services has expanded its relationship with Optimum Asset Management, a Quebec-based asset management subsidiary of Optimum Financial Group. The expanded mandate includes custody, fund accounting and shareholder services for OGP’s nine mutual funds. RBC previously provided custody, fund accounting and TA for six of Optimum’s funds. The relationship was expanded by transferring funds…
Citi wins Fubon ETF mandate
Citi has been selected by Fubon Fund Management (Hong Kong) Company Limited to provide a range of custody and fund services for Fubon’s latest thematic ETF, Fubon ICE FactSet Asia Battery and Energy Storage Technology Index ETF, recently listed in Hong Kong. Citi will provide custody, fund accounting and administration, ETF processing, and registrar services,…
CACEIS onboards Kepler Cheuvreux
CACEIS has completed the migration of the operations of Kepler Cheuvreux, the European sell-side firm, onboarding cash equity clearing & settlement activities. The mandate covers c.30 trading venues and eight CCPs across c.35 CSDs. CACEIS handles all of Kepler Cheuvreux’s activities across clearing & settlement, custody, reporting services for corporate brokerage, and securities lending.
Compre expands Clearwater mandate
Compre Group Holdings Limited, a Bermuda-headquartered international legacy group, is expanding its partnership with Clearwater Analytics to include additional transparency into alternative assets. Clearwater is a U.S.-based provider of SaaS-based investment management, accounting, reporting, and analytics solutions. Compre will use Clearwater LPx for transparency, exposure, and analytics. Compre currently uses Clearwater to streamline investment accounting,…
Meacock implements Clearwater reporting solution
S.A. Meacock and Company Limited, a Lloyd’s of London insurer with USD320m AuM, has implemented the Clearwater Analytics solution for investment accounting and reporting, including Lloyd’s reporting. Clearwater Analytics is a U.S.-based provider of SaaS-based investment management, accounting, reporting, and analytics solutions.
Hassana to deploy SimCorp solutions
Hassana Investment Company, the investment manager of Saudi Arabia’s General Organization for Social Insurance (GOSI), has entered into a partnership with SimCorp to deploy its investment management platform. GOSI is one of one of the world’s largest pension investors, with more than USD320bn AuM. The partnership agreement covers SimCorp’s back and middle office suite and…
Apex wins TGC mandate
Apex has been appointed by True Green Capital Management LLC to provide fund administration and investor reporting solutions for its latest fund, True Green Capital Fund IV, L.P. Based in the U.S., TGC is a renewable energy infrastructure investment firm which, since 2011, has deployed over USD1.2bn of total capital across 14 U.S. states and…