Great Lakes Fund Solutions, Inc., a U.S.-based administrator and transfer agent for retail alternative investment fund sponsors, has been appointed by Houston-based Donovan Ventures to provide an outsourced investor services back office to each fund program. Donovan provides up to USD20m in growth capital to lower middle-market energy companies through dedicated private equity investment funds.
Category: Mandates
Titanbay links with Apex for ESG ratings
Titanbay, the Luxembourg-based private markets investment platform, has appointed Apex to provide an ESG rating on all new funds added to the Titanbay platform. Under the agreement, a consolidated ESG report will be made available to investors alongside other fund due diligence materials to provide investors with assurances that selected funds meet the highest sustainability…
Equity Trustees to be RE for new TCP fund
Tanarra Credit Partners, a private credit investment firm based in Australia, has selected Equity Trustees to be the responsible entity of its new fund, the TCP Private Debt Income Fund. TCP has >AUD750m (USD517m) AuM and is a part of Tanarra Group, a specialist alternative investment group with AUD3bn (USD2.1bn) AuM.
Davy selects Torstone platform
Davy Capital Markets, a member of the Bank of Ireland Group, has agreed to deploy the post-trade platform from Torstone Technology, a UK-based SaaS platform provider for post-trade securities and derivatives processing. The Davy Group has over 800 people managing >EUR16bn (USD16bn) of client assets, with offices in Dublin, London and throughout the island of…
Fairlight selects SS&C
Fairlight Asset Management, an Australia–based global equity manager, has selected SS&C’s Eze Eclipse as its front-to-back investment management platform.
StonePine selects CIBC Mellon
StonePine Asset Management, a Montreal-based manager with CAD60bn (USD46bn) AuM, has appointed CIBC Mellon to provide asset servicing solutions including fund accounting and administration, global custody, unitholder recordkeeping, and investment information data access and reporting via the NEXEN investment data platform. Earlier this year StonePine signed an agreement with SimCorp, a provider of SaaS investment…
Petra opens in Boston
Petra Funds Group, an independent provider of private assets fund administration solutions with USD55bn AuA, has opened an office in Boston. This follows its appointment by Denham Capital, a Boston-based private equity firm with over >USD12bn of invested and committed capital. The Boston office brings on board an experienced team of middle, back-office, and regulatory…
Phoenix American signs deal with RE investor
Phoenix American has established a new fund administration relationship with alternative investment management firm RealSource Properties, Inc. Phoenix American will support the RealSource Multifamily REIT with its investor services platform featuring the STAR-XMS shareholder management/transfer agent system. The mandate comes after Phoenix American recently announced a strategic partnership with American Elm Distribution Partners, a managing…
Remaco appoints AssetMetrix
Remaco, a Switzerland-based asset manager, has appointed AssetMetrix as partner for digitisation of its private debt operations. Remaco specialises in the private debt asset class. Founded in 2013 in Munich, AssetMetrix is a spin-off of a PE fund-of-funds manager. Its outsourcing services around data collection, fund administration, reporting and analysis aim to enhance the efficiency…
Marlin extends relationship with Apex
Marlin Capital Partners, a Nassau-based asset manager, has extended its partnership with Apex, which will now provide fund administration and accounting services to its latest fund, Marlin RSP. Apex was appointed in 2021 to provide outsourced ManCo, middle office and fund administration services to the Marlin Money Market Fund.