Alter Domus has appointed George Hindmarsh as head of APAC, based in Hong Kong. He joins after a brief spell at Clearwater Analytics, and has also worked at Citi, Northern Trust and HSBC.
Category: Offshore
Formidium acquires in Lux
Formidium, a small U.S.-based fund administrator, has acquired Ci Fund Services S.A., a Luxembourg-based provider of private label fund solutions. The transaction was completed following approval by the CSSF. Formidium has USD38bn AuA.
Dowling re-joins NTRS
Kieran Dowling has re-joined Northern Trust as head of strategic clients, private markets, for EMEA, based in Luxembourg. He reports to Olivier Noel, head of private markets, EMEA, and country head, Luxembourg. Dowling was briefly at Fundbank after a 20-year career at Northern Trust.
Alter Domus supports Cinven fund launch
Alter Domus has supported Cinven on the final closing of their Strategic Fund 2, which raised c. EUR2.3bn (USD2.6bn). Alter Domus served as Cinven’s operational partner throughout, providing services across fund accounting and administration, investor reporting, transfer agency and structuring support.
Langham Hall supports Ryse
Langham Hall has supported Ryse on the launch of its independent sponsor platform. Ryse invests on a deal-by-deal basis in established companies aligned with Europe’s structural growth themes. Langham Hall is providing administration services for each of the deal-by-deal structures from its Luxembourg office.
Apex hires TA product chief
Apex has appointed Olivier Portenseigne as global head of transfer agency products. Based in Luxembourg, he will lead Apex’s global transfer agency product strategy and innovation agenda. He joins from FundsDLT, Clearstream’s blockchain-based fund distribution and transfer agency platform, where he was CEO.
Suntera appoints Singapore fund services head
Suntera, the C.I.-based provider of funds, corporate, and private wealth services, has appointed Kelvin Sng as head of fund services in Singapore.
Apex supports platform launch
Apex has supported BlueDot, the Switzerland-based asset manager, with the launch of its investment platform, providing ManCo, fund administration and custody services.
Carne maintains Lux lead
Carne Group has been confirmed by Monterey as Luxembourg’s largest third-party ManCo by AuM in the latest Monterey Insight Luxembourg report, with USD242.4bn in AuM.
Langham Hall supports new Northcote fund
Langham Hall, the UK-based administrator, has supported Northcote Equity in the final close of its second fund, Northcote Fund II LP, at its hard cap of GBP250m (USD331m). Langham Hall has supported Northcote Equity since launch and continues to provide fund administration and accounting services from its Guernsey office, together with appointed representative services from…