CACEIS has extended its partnership with Nest, the UK workplace pension scheme representing more than GBP25bn AuM (USD27bn), to provide an end-to-end cost transparency and benchmarking service. Previously, CACEIS had supported Nest in identifying transaction costs across its range of managers and funds. This three-year partnership has now extended to CACEIS providing an end-to-end cost…
Category: Mandates
3iQ partners with Coinbase and Tetra Trust
3iQ Digital Asset Management has joined forces with Coinbase and Tetra Trust Company in an effort to expand the exchange-traded product ecosystem for digital assets in Canada and generate further interest from the investment community. As part of the agreement, Coinbase and Tetra will act as custodians for 3iQ’s ETPs, including the 3iQ CoinShares Bitcoin…
JTC supports new RE fund
JTC has been appointed to provide fund administration services for Avistone’s Strategic Fund I. Founded in 2013, Avistone is a commercial real estate investment firm specialising in the acquisition and operation of multi-tenant industrial and hotel properties. To date, Avistone has acquired and managed more than 4m square feet of flex/industrial properties and more than…
Suntera, Carey Olsen support new TNT JPF
Carey Olsen and Suntera Global, a C.I.-based administrator, have supported TNT Global Capital Pte. Ltd (TNT), a Singapore regulated asset management firm, with the launch of its latest fintech-focused fund, Volcano Investment Limited. Established as a Jersey Private Fund, Volcano Investment recently held its first close and has a fundraising target of USD100m. The fund’s…
SGSS expands crypto services
Société Générale Securities Services has expanded its range of services for asset management companies wishing to develop professional funds based on crypto currencies. SGSS now offers fund custody, valuation and liability management services. SGSS’s new service has been adopted by Arquant Capital SAS. Arquant, licensed by AMF, is launching a range of specialised professional funds…
Apex wins digital asset fund admin mandate
Apex has been appointed by GSR Capital to provide fund administration services. GSR Capital is the investment management arm of the GSR group of companies, a digital asset trading business, which has been operating since 2013. Founded in 2021, GSR Capital leverages GSR’s broader expertise in digital assets, execution and liquidity to research and build…
Copper selects Fenergo for CLM & AML
Fenergo, the Ireland-based provider of KYC and client lifecycle management (CLM) software solutions for financial institutions, has been appointed by Copper.co, a UK-based provider of custody, trading and settlement services for digital assets, to deploy its SaaS-based CLM and AML solution to onboard increasingly complex client ownership structures. Copper’s clients range from institutional asset managers,…
CIBC Mellon wins cancer fund mandate
CIBC Mellon has been chosen to provide asset servicing solutions, including custody, institutional accounting, unitisation services, FX processing and settlement services, and investment information data access via the NEXEN platform, to the Princess Margaret Cancer Foundation (PMCF). The PMCF raises funds that accelerate cancer research, education and clinical care, in support of patients at Princess…
Apex appointed by Laguna Bay
Apex has been appointed by Laguna Bay, an agri fund manager, for fund administration services. Laguna Bay is a full-service fund management and direct investment platform specialising in food and agriculture. Apex has been appointed to provide fund administration services to Laguna Bay Fund 2, which is set to raise up to AUD1bn (USD672m) for…
Circle Eleven partners with AssetMetrix
Circle Eleven, the Germany-based private equity boutique, is partnering with AssetMetrix, in which BNP Paribas has a strategic stake, to enhance its investor communications. As part of the collaboration, AssetMetrix has been appointed to implement and maintain a bespoke online investor portal. Circle Eleven was founded as a platform for private equity fund investments in…