Apex has been appointed by Aliph Capital, the Middle East’s first female-led private equity firm, to provide fund administration services to Aliph Fund I (LP), which will focus on acquiring sizeable, active positions in privately owned mid-market companies across the GCC.
Category: Mandates
XP selects SS&C for trade management
XP Investments US, a subsidiary of XP Inc., a financial services provider based in Brazil, has chosen SS&C’s trade management solutions to optimise its operations. The firm will use a combination of SS&C MarketTrader and SS&C Eze EMS as its sell-side order and execution management platform. The solution allows XP to run real-time trade cost…
IQ-EQ supports new Ansor fund
Ansor, a private equity firm based in London, has completed a first close of its second fund withGBP63m (USD70m) of commitments, with administrative, compliance and regulatory support provided by IQ-EQ. IQ-EQ has been supporting Ansor since the launch of its first fund, Ansor Fund I, in 2019.
Glennmont extends RBS relationship
Glennmont Partners, the UK-based manager which focuses exclusively on investment in clean energy infrastructure, has appointed RBS International Depositary Services as depositary for the Nuveen European Core Renewable Infrastructure Fund. The new open-ended fund, which has an initial raising of EUR700m (USD683m), will invest in brownfield, renewable energy assets and projects across continental Europe. In…
Saphyre adds new client
American Century Investments has selected Saphyre, the U.S.-based fintech using patented AI technology to solve pre-trade setups and post-trade issues, for custodial and broker fund onboardings, as well as maintenance.
Orchard Street appoints Langham Hall
Orchard Street Investment Management, a UK-focused commercial property investment manager, has launched its inaugural impact fund, Orchard Street Social and Environmental Impact Partnership. The fund is targeting commitments of GBP400m (USD460m), and has held a first close at almost GBP90m (USD104m) with the Brunel Pension Partnership acting as the cornerstone investor. Langham Hall been appointed…
Phoenix American wins new client
Phoenix American Financial Services has onboarded Leitbox Storage Partners, a U.S.-based real estate fund sponsor. Phoenix American will support Leitbox with its investor services platform, including the STAR-XMS shareholder management/transfer agency system.
ART consolidates with State Street
Local media reports in Australia suggest that the AUD230bn (USD148bn) Australian Retirement Trust has consolidated custody and administration with State Street. ART was formed following the merger of QSuper and Sunsuper. QSuper, the larger of the two funds, had previously used Northern Trust, whilst State Street serviced Sunsuper.
REAG selects Multifonds
REAG Investimentos, the second-largest independent fund administrator in Brazil, has selected Temenos Multifonds to replace its existing investment operations platforms. With >350 funds under administration, worth BRL76bn (USD14.4bn), REAG offers solutions and services aimed at investors and high-net-worth families, as well as businesses looking to buy, sell, or go public. REAG selected Temenos Multifonds to…
LB-P AM appoints EFA
European Fund Administration has been appointed by LB-P Asset Management to provide administration and accounting services for its Euro Immo Scope and Exibail funds. Euro Immo Scope is a UCITS that invests in shares of companies operating in the real estate sector. Exibail is an OPPCI whose investment strategy aims to build up a portfolio…