European Depositary Bank, the Apex-owned provider of banking, paying agency, depositary and custody solutions, has been appointed to provide paying agent and banking services for third party investors to GenTwo. Zurich-based GenTwo creates securitisation platforms for asset managers, banks, family offices and venture capital investors, enabling professional investors to invest in bankable and previously non-bankable…
Category: Mandates
ABN AMRO Investment Solutions outsources to BNP Paribas
ABN AMRO Investment Solutions has appointed BNP Paribas’ securities services business to provide a range of dealing and middle office outsourcing services. These services will be connected with ABN AMRO Investment Solutions via BlackRock Aladdin, the platform selected by ABN AMRO Investment Solutions to unify its investment management processes. BNP Paribas has a long-standing relationship…
Apex wins GCC PE mandate
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.
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.