ONE Group Solutions, the Luxembourg-based fund solutions provider, has established a presence in the U.S Rafael Perez has been appointed as business development lead – Americas, based in New York. In addition, Melanie Hopper, ONE’s group general counsel, has relocated to the U.S.
Category: Offshore
Oak appoints group CEO
Oak Group, the C.I.-based administrator, has appointed Kim Sgarlata as group CEO. She previously held the positions of global head of strategic programme development and global head of wholesale transformation at HSBC. She has also worked at Capco, Accenture, Bank of America Merrill Lynch and State Street.
IQ-EQ appoints first Ireland CCO
Paul Griffith has been appointed by IQ-EQ as its first chief commercial officer for Ireland. Prior to joining IQ-EQ in 2021, Griffith was a commercial director with Intertrust Group. He will join the regional leadership team and will manage the regional sales team.
IQ-EQ hires from RBC
IQ-EQ has appointed David Giannone as senior managing director in the business development team in the U.S. He will specialise in private capital, offshore structures and business development. Giannone spent nearly 10 years at RBC Investor Services, most recently as global head of business development. It is understood that RBC IS is winding down its…
EQT agrees sale of Irish business
EQT Holdings Limited, the ASX-listed holding company for Equity Trustees, has reached an agreement to sell its investment in its Irish business for a nominal sum. The business will be sold inclusive of cash held for regulatory capital purposes of EUR600,000-EUR700,000. In addition, a managed exit of the regulated activities conducted by the UK business…
Waystone completes Link deal
Waystone has completed the acquisition of the Irish and UK businesses of Link Fund Solutions, a division of Link Group, with all regulatory approvals and other contractual conditions completed. The transaction will see >600 staff join the business and significantly expand Waystone’s presence in existing and new territories, including India. Waystone recently announced Sanjiv Sawhney…
Altum expands in UK
Altum Group, a C.I.-based provider of fund, corporate, and family office solutions, has expanded in the UK, moving to new offices led by managing director, Simon Drewett. He was previously at Crestbridge, where he led a team providing FCA-regulated fund management services.
UI appoints Rougier as Lux country head
Universal Investment Group has appointed Etienne Rougier as Luxembourg country head. This is alongside his position as group COO. Following the 2022 acquisition of efa, the Luxembourg business now has a combined workforce of more than 500 employees, with EUR294bn AuA. Rougier succeeds Sofia Harrschar, who will now focus on expanding the alternative investments business.
Centralis to acquire Ferris
Centralis Group, the Luxembourg-headquartered administrator, plans to expand its real estate service offering through the acquisition of Ferris Group. Ferris, also based in Luxembourg, is a specialist real asset service provider, working with real estate SPVs and investment funds.
JTC adds two PE/RE managers
JTC, the C.I.-based professional services firm, has added two managers to its funds team in Jersey. Will Turner and Ben Durbano specialise in real estate and private equity respectively and join Ashley Vardon, senior director – fund services, who was appointed earlier this year. Turner was previously at Crestbridge, whilst Durbano joins from Sanne.