EFA, the Luxembourg-based administrator, has been selected by Connect PRO for administration and accounting for its new private equity fund, FPCI Sud Rebond. The fund aims to invest in promising companies mainly located in the south of France.
Category: Mandates
Argenta appoints EFA for risk monitoring
EFA, the Luxembourg-based administrator with >EUR150bn AuA, has been appointed by Argenta Asset Management SA to provide UCITS risk reporting and sanctioned securities monitoring services. UCITS risk reporting is a regulatory reporting solution designed within the context of UCITS regulations and compliance with ESMA guidelines. Sanctioned securities monitoring checks and monitors a portfolio’s positions in…
Harbor Capital Advisors appoints State Street for ETF servicing
State Street has been appointed as the servicing agent for Harbor Capital Advisors’ first actively managed fully transparent fixed income ETFs, launched in September in the U.S. The two funds are the Harbor Scientific Alpha Income ETF (SIFI), and the Harbor Scientific Alpha High-Yield ETF (SIHY). State Street will provide various ETF servicing solutions, including…
Citi to administer first OFC for BEA Union Investment
Citi has been appointed by BEA Union Investment Management Limited as fund custodian and administrator for its first mutual fund restructure, converting five funds into an open-ended fund company (OFC). Citi has been providing custody and fund services, including fund accounting, transfer agency and FX share class hedging, to BEA Union Investment since 2013. Eleanor…
FSBA to deploy BNY Mellon’s ESG app
The Florida State Board of Administration (FSBA) has signed an agreement to leverage BNY Mellon’s ESG Data Analytics application to better manage, monitor and analyse ESG data across multiple sources. The application is built on the Microsoft Azure cloud and offered through BNY Mellon’s OMNI securities services platform. FSBA will also be collaborating with BNY…
Mammoth selects SS&C for new VC fund
Mammoth Scientific, a health science and technology venture capital firm, has selected SS&C as administrator and technology partner for its inaugural USD100m fund. The fund will provide venture capital to health science and technology companies maturing beyond seed rounds. Mammoth is building a proprietary platform to enable registered investment advisors to access venture capital investments…
Citi wins first MO mandate in the Philippines
Citi has been appointed by Sun Life Investment Management and Trust Corporation as its middle office service provider in the Philippines. This mandate makes Citi the first bank in the country to onboard a middle office client. Sun Life Philippines is a financial services institution offering varied business lines including life insurance managed and distributed…
FundRock appointed as ACD for new Octopus fund
FundRock Partners, part of the Apex Group, has been appointed as the Authorised Corporate Director for a new UK fund, FP Octopus UK Future Generations Fund, operated and managed by Octopus Investments. This is Octopus’ first retail fund with a sustainable investment mandate.
Sphera selects SS&C’s EZE front office solution
Sphera, a Tel Aviv and New York-based long/short global investment firm with USD1.9bn AuM, has chosen SS&C’s Eze Investment Suite for its front-office operations. Sphera will use Eze Investment Suite to run its entire investment process, including order management, modelling and simulations, cash projections, trading, compliance checks, historical book of records and reporting. Sphera also…
Dalmore appoints NatWest T&D for new PE fund
NatWest Trustee and Depositary Services, part of Royal Bank of Scotland, has been appointed as depositary for a new Dalmore Capital Limited Fund, Dalmore Capital Fund 4 LP. Dalmore Capital is a UK-based fund management company which focuses on investment in infrastructure assets in the UK. It currently manages over GBP5.5bn (USD7.5bn).