EFA, the Luxembourg-based administrator owned by Universal Investment, has been appointed by Tygrow to provide administration and accounting for its funds. To date, four private equity and real estate funds with more than 100 investors have been launched by Tygrow, valued by EFA. Tygrow is an independent management company based in France.
Category: Mandates
Constellation selects Precision LM
Constellation Insurance, a U.S.-based insurer, has selected SS&C Precision LM for its commercial mortgage portfolio. Precision LM loan origination and servicing software will support pipeline tracking, loan servicing, accounting, asset management and regulatory reporting.
Singlife to deploy front-to-back solution
Singlife, the Singapore-based financial services provider, has appointed Citi and BlackRock Aladdin to provide a technology platform to unify its asset management capabilities across its front, middle and back-office. The selection process began with a tender for 11 different front-office and back-office partners, with a total of 28 different combinations assessed. The final selection was…
Redwheel adopts EDS ESG solution
Redwheel, a UK-based asset manager with c. USD19bn AuM, has adopted the data aggregation tool developed by Equity Data Science to enhance ESG integration across its investment business. Northern Trust took a stake in EDS in 2021 and jointly launched an ESG workflow solution that allows investors to access and share ESG information. The data…
RBC wins ETF mandates from Mulvihill
RBC Investor & Treasury Services has been appointed as custodian and fund administrator for three Mulvihill Capital Management ETFs trading on the TSX: Mulvihill Canadian Bank Enhanced Yield ETF, Mulvihill Premium Yield Fund ETF, and Mulvihill U.S. Health Care Enhanced Yield ETF. Mulvihill, a Toronto-based wealth management firm, is a recent entrant to the ETF…
Deutsche Pfandbriefbank appoints UI for new RE fund
As part of its new real estate investment management business, Deutsche Pfandbriefbank AG (pbb) will work with Universal Investment as a fund service platform provider. Universal Investment will launch and administer the planned open-ended real estate special fund, which will focus on German office properties and mixed-use properties. Deutsche Pfandbriefbank is a specialist bank for…
Aztec supports Oakley’s Fund V
Aztec Group, the C.I.-based administrator, has supported the mid-market private equity investor, Oakley Capital, on the final close of its fifth fund. Oakley Fund V raised EUR2.85bn (USD3bn), nearly doubling the size of its predecessor. Aztec has also been appointed to provide ongoing administration and accounting services from its Luxembourg office.
Leadenhall appoints Waystone
Waystone, the Ireland-based administrator, has been selected as the debt fund investment administrator for Leadenhall Capital Partners’ life and alternative credit strategies. Leadenhall was launched in 2008 and currently manages c. USD5.5bn across a range of strategies including life and non-life insurance linked securities, as well as alternative private credit. Waystone will be providing investment…
CACEIS wins Ireland ETF mandate
CACEIS has been appointed by Investlinx Investment Management to provide depositary, custody, fund administration and execution services for Investlinx ICAV, a recently launched Irish UCITS ETF. The Investlinx ICAV will also deploy CACEIS’ ETF solutions and tools, including TEEPI ETF, a dedicated AP order portal.
Ultimus supports funds transition
Ultimus Fund Solutions has supported the transition of the James Advantage Funds’ fund administration functions from another provider. James Investment Research, the adviser to the James Advantage Funds, selected Ultimus as the fund administrator for its four mutual funds. Ultimus is now providing services encompassing financial administration, legal administration, fund accounting, transfer agent, and distribution.