Equity Trustees, the Australian custodian and trustee, has been selected to provide both custodian and trustee services to Octopus Australia, the local subsidiary of Octopus Group, one of the largest owners of renewable energy projects in Australia and Europe.
Category: Mandates
CNP appoints SGSS for IM calculation
CNP Assurances, the French insurance company, has appointed Société Générale Securities Services to manage EMIR Initial Margin for complex derivatives. SGSS developed a middle office IM calculation service to meet CNP Assurances’ operational workflow requirements. For more than 15 years, SGSS has provided independent valuation of CNP Assurances’ structured products’ collateral management, as well as…
SS&C selects Sustainalytics for ESG data
SS&C will integrate Sustainalytics’ ESG data into SS&C Advent platforms to power portfolio management and analytics workflows for its global client base. Morningstar Sustainalytics is a provider of ESG research, ratings and data.
Accelerate taps Tetra for digital custody
Accelerate Financial Technologies Inc. has selected Tetra Trust Company as custodian for its digital assets. Initially, the Accelerate NFT Fund LP, the first Web3 investment vehicle in Canada, will deploy Tetra’s custody solution which enables clients to store and settle their digital assets within a secure environment. Calgary-based Accelerate is one of Canada’s fastest growing…
Maples wins VCC mandate
Maples has been selected to support the Singapore-domiciled Faros VCC, a diversified long/short equity strategy using an umbrella Variable Capital Company structure with three sub-funds. Maples will provide end-to-end fund administration services, AEOI support, KYC/AML compliance, investor services and fund accounting and reporting.
Montrusco Bolton launches Lux fund
Montrusco Bolton, a Canadian asset management firm with USD8bn AuM, has launched a Luxembourg-domiciled global equities fund aimed at retail and professional investors. Universal Investment has been appointed as the fund’s ManCo.
FundRock wins EUR17bn Irish mandate
FundRock, the Apex-owned, Luxembourg-based ManCo and AIFM provider, has been appointed by Royal London Asset Management Funds plc and RLAM Funds ICAV to provide ManCo services for their Irish fund range and distribution support within the European Union. The funds’ combined assets under management are over EUR17bn (USD18bn). RLAM manages GBP164bn (USD211bn).
BCAM appoints Standard as custodian
Following the appointment of Apex as administrator, Blockchain.com has named Standard Custody & Trust Company, a PolySign company, as custodian for its new institutional platform, Blockchain.com Asset Management (BCAM). BCAM will deliver a suite of institutional investment products, combining the crypto trading infrastructure, research and security software services of Blockchain.com with Altis Partners’ investment management…
EFA to administer new RAIF
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…
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.