EFA, the Luxembourg-based administrator, has been appointed as administrator for the Freedom Luxembourg Alternative Strategies RAIF, providing fund accounting as well as registrar & transfer agency services. The new venture capital fund has been launched by Freedom Asset Management Ltd, a Guernsey-based asset manager providing services to private clients and family offices. The fund’s first…
Category: Mandates
CACEIS & CA arrange bridge financing for Antin
CACEIS and Crédit Agricole CIB are supporting Antin Infrastructure Partners, the independent private equity firm focused on infrastructure investment, with the structuring of equity bridge financing for its first NextGen infrastructure fund. CACEIS has acted as the fund’s depositary, and Crédit Agricole CIB acted as arrangers and lenders of the EUR180m (USD195m) facility.
Apex to support new funds for BCAM
Apex Group has been appointed to provide fund services to Blockchain.com Asset Management (BCAM), a new crypto asset management platform powered by Blockchain.com with investments managed by Altis Partners, a C.I.-based manager. BCAM’s C.I.-domiciled funds will offer regulated crypto investment products for institutional investors, family offices and high net worth individuals. The platform is launched…
Ultimus reports strong demand for interval & tender funds
Ultimus Fund Solutions has supported the launch of interval and tender funds for three new clients: Fairway Capital Management, Lind Capital Partners, and an undisclosed registered investment advisor (RIA). For Lind Capital Partners, Ultimus helped launched an interval fund, for which it converted two limited partnerships into the fund. Ultimus assisted Lind by merging private…
RBC wins ETF mandate for Evermore
RBC Investor & Treasury Services has been named custodian by Evermore Capital Inc. for Canada’s first target date ETFs, eight of which were launched in February. RBC I&TS will also provide ETF accounting and administration services. This is a new relationship with Evermore, a Canadian asset management company currently focused on retirement ETFs. Myron Genyk,…
LGL to deploy Allvue solutions
LGL Group, the C.I.-based provider of alternative fund, corporate, and family office services, has selected Allvue Systems, a provider of technology solutions for the alternative investments sector, to provide its fund accounting and investor portal platforms to support its fund administration business. Based in the U.S., Allvue was established in 2019 through the merger of…
EFA wins new Corsican fund
EFA, the Luxembourg-based administrator, has been selected by FemuQui Ventures, a Corsica-based manager, for the administration and accounting of its new fund, FIP Corse Suminà n°5. The investment policy of the fund is to achieve long-term capital gains on a diversified portfolio of investments consisting in particular of unlisted SMEs operating mainly in Corsica.
R Cubed selects Ultimus
Ultimus Fund Solutions, a U.S.-based provider of fund administration, accounting, middle office, and investor solutions, has been appointed by R Cubed Global Capital, LLC to help launch a global ETF, (GDVD). R Cubed Global Capital focuses on seeking a balance between performance and volatility. Ultimus claims to be the third largest named ETF administrator in…
SG signs with Saphyre
Saphyre, the U.S.-based fintech company focused on pre-trade setups and post-trade issues, has signed up Société Générale’s global markets division for new fund onboarding and maintenance. SG has been collaborating with Saphyre on STP of account setups to speed the time to market in order to provide immediate liquidity as well as seamless post-trade allocations…
State Street wins NB ETFs
Neuberger Berman, the U.S.-based independent investment manager, has launched its first-ever actively managed ETFs. Managed by Neuberger Berman, the ETFs are an extension of the firm’s thematic equity investment capabilities utilising traditional fundamental equity research along with alternative data capabilities and consideration of material ESG factors. Each fund has selected State Street as custodian for…