Category: Offshore

Northern Trust has been appointed by Dawson Partners to provide fund administration and other related services. Dawson Partners is an alternative asset manager focused on private markets. Headquartered in Toronto, with offices in London, New York and Hong Kong, the firm manages >USD27bn.

Langham Hall, the UK-based administrator, has supported Clipway on the final close of its secondaries fund, Clipway Secondary Fund I, at USD6.4bn. The fund focuses on diversified LP-led secondary transactions in North American and Western European buyout funds. Langham Hall has provided fund administration, AIFM and depositary services from its Luxembourg office, supporting Clipway from…

Aztec Group, the C.I.-based administrator, has supported NextEnergy Capital, a UK-based renewables investment manager, with the final close – at USD974m – of NextPower V SCSp, a Luxembourg-domiciled fund focused on solar infrastructure. Aztec provided administration, accounting and transfer agency services to the fund from its Luxembourg office. Aztec’s relationship with NextEnergy Capital dates back…

Pat Lardner is to step down as chief executive of Irish Funds, the Irish trade association for the funds industry. Lardner has been chief executive since 2012 and has overseen the growth of Ireland’s share of the European fund market from 13pct to >22pct.

Waystone, a provider of specialist services to the asset management industry, has supported Pictet Asset Management with the launch of its first European AI Enhanced Equity Active UCITS ETF range. The ETFs are listed on XETRA and Euronext, with further listings on the London Stock Exchange and SIX Swiss Exchange to follow. Waystone is providing…