Argenta Asset Management SA, a Luxembourg-based manager, has appointed EFA to provide UCITS risk reporting and sanctioned securities monitoring services.
Category: Mandates
my529 appoints State Street for investment servicing solutions
State Street has been appointed by my529 to provide investment servicing solutions, covering accounting, daily NAV calculations, performance reporting, and daily cash settlements, as well as dynamic cash allocations, trading, and rebalancing services. my529, Utah’s official nonprofit 529 educational savings plan, is available to residents of any state and currently has over USD20bn AuM.
Apex expands relationship with Launch Africa
Apex has expanded its relationship with Launch Africa Ventures, a pan-African venture capital fund. Apex has been appointed to provide fund administration and accounting, fiduciary, investor reporting and tax compliance services to support the growth of Launch Africa’s current and future funds.
China’s E Fund appoints HSBC to service Luxembourg UCITS
HSBC has been appointed by E Fund Management (Hong Kong) Co Ltd to provide servicing solutions for its existing Luxembourg UCITS. This expands HSBC’s servicing of E Fund’s current funds business beyond Asia, where HSBC acts as the depositary, custodian, transfer agent, fund administrator and corporate secretary of the E Fund Greater China High Dividend…
Danske Invest awards J.P. Morgan USD70bn mandate
Danske Invest, the mutual funds arm of Denmark’s Danske Bank, has appointed J.P. Morgan as custodian and depositary for a portion of its funds business, covering assets of USD70bn (EUR59bn). In total, Danske Invest has EUR100bn AuM (USD118bn) across 300 funds.
Coller Capital selects Alter Domus for USD680m credit fund
Alter Domus, the Luxembourg-based alternatives administrator which has AuA of c. USD1trn, has been selected by Coller Capital to provide fund administration and depositary services for a new private credit secondaries fund. The credit portfolio is managed by Ping An Overseas Holdings, with the transaction thought to be the world’s largest for a credit portfolio,…
KIM Vietnam selects SS&C’s Eze OMS
KIM Vietnam Fund Management Limited Company has selected SS&C’s Eze OMS to support its operation. Established in 2020, KIM Vietnam is a subsidiary of Korea Investment (Korea) and manages eight investment funds across Korea, Japan and Europe, with c. USD2bn AuM. Eze OMS provides portfolio modelling and analytics, compliance, trading, operations, and data management.
Vistra to support AMR Action Fund
Vistra, the Singapore-based provider of advisory and administrative services with USD370bn AuA, has been appointed as administrator for the AMR Action Fund. Vistra will support the fund across its entire structure, including the management company, the fund, its SPVs, and portfolio company investments. The AMR Action Fund is the world’s largest public-private partnership supporting the…
Apex to provide fund admin services for Bee Alternatives
Apex has been appointed, to provide fund administration and regulatory services to Bee Alternatives Limited, an independent Japan-based manager dedicated to secondary private equity investments. Bee Alternatives has its origins as part of Ant Capital Partners Co. Ltd., where the team were one of the pioneers of secondary investments in Asia. Bee Alternatives now manages…
Aztec supports new fund launch for MML Capital
Aztec, the C.I.-based administrator, has supported MML Capital, a private equity investment firm and longstanding client, with the fundraising activities and final close of its latest fund, MML Partnership Capital VII SCSp. MML broke through its hard cap, raising EUR670m (USD783m). Aztec will provide administration and accounting services to the fund and its investment structures…