Alter Domus, the Luxembourg-based provider of fund administration, private debt, and corporate services, has opened a third Luxembourg satellite office in Wecker to serve cross-border team members based in Germany. The Wecker office has capacity for 24 employees, and follows the opening of satellite offices in Steinfort and Frisange earlier this year to cater for…
Category: Offshore
Vistra to acquire Lux ManCo
Vistra Fund Management, the Luxembourg-based third-party AIFM of Singapore-based Vistra Group, plans to acquire Kroll (Luxembourg) Management Company S.à r.l., a super ManCo with UCITs and AIF licences. The transaction is subject to regulatory approvals. Jan Vanhoutte will lead VFM’s expanded business as managing director. Anil Singh will continue with the business in a leadership…
Langham Hall wins Farview mandate
Langham Hall, the UK-based administrator, has been appointed to provide administration and accounting services for the four deal structures of Farview Equity Partners from its Guernsey office. Langham Hall assisted Farview in transitioning structures from another administrator in 2022.
Ogier hires European fund admin head
Ogier Global, Ogier‘s corporate, fiduciary and fund administration services division, has hired David Fowler as European head of fund administration. He is based in the UK. Fowler was previously at Apex.
Industry mavens launch Alchelyst
A trio of industry veterans has launched a new administration service in Ireland. Alchelyst – which expects approval from the Central Bank of Ireland imminently – will focus on the alternatives sector, where the principals each have extensive experience. Joan Kehoe is CEO, Ian Lynch is chief commercial officer, and Brian Fitzgerald is COO. All…
State Street further consolidates in India
State Street and HCLTech are finalising plans for State Street to assume full ownership of Statestreet HCL Services, the India-based JV formed in 2012 to provide business operations services. This consolidation is expected to be completed in Q2 2024. State Street has partnered with HCLTech for more than a decade. Earlier this year, State Street…
RBSI hires new Lux chief
Daniela Klasen-Martin has been named head of RBS International Luxembourg. She will join in February 2024, subject to regulatory approval. She replaces Ian Harcourt, who became RBS International’s country head Luxembourg in 2018. Klasen-Martin was previously CEO of Credit Suisse Fund Management and head of fund platform services. Before that, she worked at private equity…
Imperium promotes three to board
Imperium, the C.I.-based fund administrator, has appointed Andy Hatton, Colette Taylor and Charlotte Parr to the Imperium Fund Services Limited board of directors. Colette Taylor is Imperium’s head of fund accounting, whilst Andy Hatton and Charlotte Parr are both client services directors.
Waystone confirms group COO
Nick Wheeler has been confirmed as group COO at Waystone, the European ManCo and fund services provider. He has been interim COO since the board removed its CEO, CFO and COO earlier this year.
JTC to acquire Blackheath
JTC, the C.I.-based fund and corporate services business, has agreed to acquire Blackheath Capital Management LLP, an asset management business based in the UK. The transaction is subject to various closing conditions and final regulatory approvals and is expected to close during Q1 2024. Formed in 2010, Blackheath provides bespoke management and regulatory oversight services…