HV Capital, a European early-stage and growth investor, has added an additional four private equity structures to the portfolio under depositary at CACEIS Germany. CACEIS now provides depositary services for 12 of HV Capital’s Special-AIFs, representing c. EUR2.1bn (USD2.2bn) in assets.
Category: Mandates
Arcesium wins treasury mandate
PAAMCO Prisma, an alternatives investment firm, has selected Arcesium, a fund administrator in which J.P. Morgan has a strategic stake, to provide treasury management services through its Treasury Suite. Arcesium’s treasury capabilities will provide enhanced transparency and control over PAAMCO Prisma’s collateral management and securities lending activities. PAAMCO Prisma aims to optimise multi-asset collateral allocation…
State Street completes Awqaf implementation
State Street has completed implementation of a suite of investment services to support Awqaf Investment Company (AIC), the investment arm of the General Authority of Awqaf. Services include global custody, investment accounting, multi-asset class performance measurement, and data aggregation and consolidation. Headquartered in Riyadh, Saudi Arabia, AIC provides integrated investment solutions to the non-profit sector…
PIMCO goes live with HUB
PIMCO is now live on the HUB platform. HUB is a fintech specialising in the investment management sector. Founded in 2021, HUB is backed by PIMCO, Man Group, S&P Global, Microsoft and State Street. PIMCO will initially use two products: HUB Trade, which manages trades through the stages of their lifecycle and enables connectivity with…
SimCorp wins AP3/AP4 mandates
SimCorp has been selected by AP3 and AP4 as their new provider of a portfolio management system. Following a public procurement process and a thorough analysis of 13 applications, the two Swedish national pension funds have signed a front-to-back SaaS service agreement with SimCorp, covering the entire investment management value chain. AP3 and AP4, collectively…
Wilson AM appoints Equity Trustees
Wilson Asset Management, an Australian investment manager, has appointment Equity Trustees to be responsible entity/trustee for its new Wilson Asset Management Leaders Fund. Wilson Asset Management currently manages >AUD5bn (USD3bn) for >130,000 retail investors.
VentureSouq hires SS&C
VentureSouq, a Dubai-based venture capital fund manager, has appointed SS&C GlobeOp as a fund administrator for its fintech range. VentureSouq’s mandate includes two funds, one management company and four co-investment vehicles. VentureSouq will use SS&C GlobeOp’s private markets fund services, including fund administration, treasury, investor services, process workflow and accounting solutions.
SS&C to support new interval fund
Accordant Investments LLC, a registered investment advisor, has appointed SS&C Technologies to support the operations of its first registered interval fund, the Accordant ODCE Index Fund. Accordant will deploy SS&C’s services supporting interval funds, including registered fund services, administration, transfer agency, tax and treasury services.
Acadian transitions to BNY Mellon
Acadian Asset Management, the Boston-based manager with AuM of USD100bn, has been onboarded to BNY Mellon’s middle office platform. BNY Mellon now supports Acadian’s middle office activities, including trade support, IBOR and data delivery. Jim Crumlish, chief information officer at Acadian Asset Management, said: “This is an exciting milestone for Acadian. Strategically, this transition enables…
Maples wins private credit fund mandate
The Maples Group has been selected to provide fund administration services for the Ruya Private Capital I LP, a private credit fund managed by Ruya Partners Limited based in the Abu Dhabi Global Market. Ruya Partners is an independent, partner owned private capital investment firm that provides customised financing solutions for private-sector firms in developing…