Aztec Group, the C.I.-based provider of private markets services, has appointed Melissa Ferraz as chief commercial officer and a member of its executive committee. Based in London, she joins from BlackRock, where she held senior roles across its private markets and technology businesses.
Category: Offshore
BNY hires from J.P. Morgan
Matthew Goldblatt has joined BNY as global head of alternatives for client service, asset servicing. Based in Luxembourg, he previously spent 19 years at J.P. Morgan.
IQ-EQ supports new Irish property ICAV
IQ-EQ has supported a major Irish residential investment platform, acting as alternative investment fund manager (AIFM) to the fund underpinning the transaction. The partners in the fund – APG, a Dutch pensions group, and Kennedy Wilson, the Irish property investment group – intend to invest a reported EUR2bn (USD2.3bn) in residential properties in Ireland through…
Invesco expands with NTRS
Northern Trust has been appointed by Invesco to provide administration, custody and depositary services for its new Ireland-domiciled index tracking mutual fund range, Invesco Markets V ICAV. The new fund range is designed to make Invesco’s swap-based (synthetic) approach to index replication available to mutual fund investors in Europe via investment platforms and other institutional…
Bunch to buy LFS
Bunch, a German fintech providing an AI-native fund operations platform for private markets, has launched a strategic partnership that will see the company join Luxembourg Fund Services (LFS) founder Massimo Longoni and CFE Finance Group as owners and sole shareholders in LFS. Under the terms of the agreement, Bunch will acquire an ownership stake in…
Aztec supports Norvestor fund launch
Aztec, the C.I.-based alternative funds administrator, has supported long-standing client Norvestor, a private equity manager, on the final close of Norvestor X SCSp, which raised EUR2bn (USD2.3bn) at its hard cap. Aztec provides fund administration, investor onboarding and transaction support services to Norvestor X from its Luxembourg office. Since 2009, Aztec has supported Norvestor across…
NTRS supports inaugural TirNua fund
Northern Trust has been appointed by TirNua Capital Partners to provide fund administration, depositary and banking services for the firm’s inaugural infrastructure fund. The fund has secured EUR340m (USD390m) in commitments at first close. The Ireland-domiciled fund is structured as a closed-end Investment Limited Partnership (ILP). Headquartered in Dublin, TirNua is a private markets investment…
Carne appoints president
Carne Group, Europe’s largest third-party ManCo, has appointed John Parkhouse as president, strengthening its leadership as the firm accelerates execution of its long-term, client-led growth strategy. He joins Carne from PwC, where he spent over three decades advising global asset managers and investment fund groups. As president, Parkhouse will lead the global executive committee and…
IQ-EQ adds to senior management team
IQ-EQ has appointed Michael Slater as managing director, Middle East, and Frédéric Ullens as managing director, Luxembourg. Based in Dubai, Slater joins after leaving Northern Trust, where he was most recently in charge of strategic relationships with EMEA financial institutions. He earned an excellent reputation for his work in the Middle East for the bank.…
Highvern to acquire Oak in Guernsey
The Highvern and Permian Group plans to acquire Guernsey-based Oak Fund Services, part of The Opera Group. Oak Fund Services supports alternative investment structures, including private equity, real assets and infrastructure. The business is led by James Tracey who, following completion of the acquisition, will become head of funds, Guernsey for the group.