RBS International Depositary Services has been appointed as depositary for Beechbrook Capital’s new Luxembourg fund, Beechbrook Private Debt IV Senior SCSp. The appointment builds on the institutional banking provider’s relationship with Beechbrook Capital, following NatWest Trustee and Depositary Services securing the depositary role for Beechbrook’s UK SME Credit III fund earlier in 2022. Beechbrook Capital…
Category: Mandates
ClearLife appoints Equity Trustees for new fund
ClearLife Capital Pty Ltd, an Australian investment firm, has selected Equity Trustees as trustee for its new wholesale fund, the ClearLife Capital Opportunities Fund.The fund invests primarily in a portfolio of securities listed on the Australian and New Zealand stock exchanges, taking both long and short positions.
BrightEdge appoints Apex
Apex has been appointed by by BrightEdge LLC, the impact investment and venture capital arm of the American Cancer Society (ACS) to provide fund administration services to the ACS Impact Venture Fund. BrightEdge invests in for-profit early-stage companies that are developing cutting-edge cancer-focused therapies, diagnostics, devices, and technologies. Financial returns generated from investments will be…
CRM selects Linedata
Cramer Rosenthal McGlynn, LLC, a US based value equity manager, has implemented the Linedata Longview OMS suite from Linedata, the France-based provider of asset management and credit technology data and services. The platform operates across trading, pre- and post-trade compliance, reporting, and operations.
Phoenix American wins DST mandate
Phoenix American Financial has onboarded Delaware Statutory Trust (DST) fund sponsor Parking Vault for fund administration. Phoenix American will support Parking Vault with its investor relations platform featuring the STAR-XMS transfer agency system.
Apex appoints Goji for onboarding
Apex has appointed Goji, a UK-regulated fintech offering investors digital access to alternative investments, to enable alternative asset management clients to manage all stages of the investor lifecycle. Apex’s digital onboarding solution, powered by Goji, provides alternative fund managers with the ability to onboard their investors from any jurisdiction via a single, secure online platform,…
Weitz transitions to Ultimus
Weitz Funds, a U.S.-based manager, has transitioned transfer agency of its nine mutual funds to Ultimus Fund Solutions, the U.S.-based provider of fund administration, accounting, and investor solutions. Ultimus claims that this is the 20th TA conversion project since early 2020, representing over 100 funds converted on to its platform.
Genus extends relationship with RBC
Genus Capital Management has implemented the middle office end-to-end post-trade execution service from RBC Investor Services. Genus, a longstanding RBC client, is a Vancouver-based independent investment management firm. The trade management service delivers 24/6 coverage for all markets, providing near real-time transparency on the complete post-execution trade lifecycle, broker performance, and settlement risk. Stephen Au,…
Phoenix American wins RE mandate
Ashford Inc., a U.S.-based real estate investment fund sponsor, has appointed Phoenix American to provide agent and back-office operational services.
Blume appoints IQ-EQ
Blume Equity, a European climate-tech growth investor, has appointed IQ-EQ to support its maiden fund launch. IQ-EQ Luxembourg will support the new fund with administration, depositary and ManCo services under AIFMD. The team will also provide the GP with a range of corporate services. In addition, IQ-EQ’s UK business is providing regulatory hosting services.