Accelex, a UK-based SaaS platform for alternative investment data management, has expanded its collaboration with LGT Capital Partners to support the processing of a new document category: fund financial statements. Accelex will provide support to LGT CP to automatically extract financial and non-financial metrics from these documents, supporting a range of additional investment use cases…
Category: Mandates
Apex to support EQONEX Lux platform
Apex has been appointed to provide corporate, administrative and trustee services to the Luxembourg platform of EQONEX Limited, the NASDAQ-listed digital assets financial services company. Apex will provide SPV administration and trustee services for the platform. EQONEX provides institutional grade infrastructure and a suite of trading, custody and asset management solutions to clients. EQONEX’s ecosystem…
Aztec supports Advent’s 10th PE fund
Aztec Group, the C.I.-based administrator, has supported Advent International with the fundraising activities and final close of its 10th global private equity fund, Advent International GPE X. Raising USD25bn in commitments after less than six months in the market, it marks Advent’s largest-ever fundraise and brings the firm’s AuM to over USD100bn. Aztec Group supported…
Crestbridge supports UK venture debt fund launch
Crestbridge, the C.I.-based administrator, has provided administration services through its UK operation to support the recent first close of Shard Credit Partners‘ inaugural technology-focused venture debt fund. The Venture Debt Fund I secured GBP16.5m (USD19.7m) in commitments from UK and European institutional investors, alongside UK technology industry entrepreneurs, and will make investments in senior secured…
AdvancedAIS adds new Titan user
Advanced Alternative Investment Systems, a Canada-based platform provider for hedge funds, fund administrators, private equity and other investment firms, has signed Borderless Capital as a client using its Titan platform. Borderless Capital is a blockchain VC firm.
Equity Trustees signs tech deal with TrustQuay
TrustQuay, the UK-based technology provider to the corporate services, trust and fund administration markets, has signed a technology agreement with Equity Trustees, the Australian independent trustee company. Under the deal, Equity Trustees will centralise its trustee and wealth services (TWS) business – which includes charitable and community trusts, and executor and trustee services for individuals…
Border to Coast appoints Northern Trust for RE business
Border to Coast Pensions Partnership has selected Northern Trust as its third-party administrator and depositary to support its future real estate investment management capabilities. Northern Trust will deliver fund accounting, custody services and investment operations support for the real estate capability, alongside depositary services. The new real estate business will see two global indirect property…
Directa links to Clearstream
Directa, the Italian online broker, has signed an agreement with Clearstream to provide Italian investors with access to Clearstream’s global funds portfolio. Through Directa’s trading platform and network of financial advisors, clients can access Clearstream’s funds suite with more than 190,000 international funds in 50 jurisdictions worldwide. CACEIS Bank Italy Branch will act as local…
Momentum consolidates P&A with SS&C
Momentum Investments, part of the Momentum Metropolitan Group, has selected SS&C Sylvan to help streamline its investment performance measurement activities and support its future growth. Momentum Investments is one of South Africa’s leading investment management businesses, serving retail and institutional investors, with AuM/A of over ZAR550bn (USD41bn).
Capital Pilot launches innovative PE fund
Carey Olsen and HIGHVERN have supported Capital Pilot on the launch of Boost Fund I, the UK’s first automated high-volume investment fund for high-growth UK startups. Established as a Jersey private fund, Boost Fund I invests in UK startups and plans to complete 100 equity investments in less than six months. Carey Olsen acted as…