Altum Group, a UK-based provider of fund, corporate, and family office solutions has appointed Michael Riley as head of corporate development. He was previously at Sanne.
Category: Offshore
Waystone to acquire Link Fund Solutions
Waystone Group, the Ireland-based ManCo and asset servicing provider, has signed definitive agreements to acquire the Irish and UK businesses of Link Fund Solutions, a division of Link Group, subject to regulatory approvals and other contractual conditions. The acquisition will broaden Waystone’s UK offering to include transfer agency and alternative administration. It will add >USD190bn…
Ocorian appoints CCO
Ocorian, the C.I.-based fund services provider, has appointed Tania Mohacs as chief commercial officer. Based in London, she joined Ocorian in 2019, and was previously head of regulatory, legal and compliance.
IQ-EQ appoints new Americas CEO
IQ-EQ, the Luxembourg-based administrator, has appointed Matt Okolita as regional CEO, Americas. He was previously global head of outsourced business services. As part of this planned leadership transition he will take over the role from Mark Fordyce, who will remain as non-executive chairman of IQ-EQ Americas. Okolita will report to Mark Pesco, group CEO of…
Aztec supports Highland’s Fund V
C.I.-based Aztec Group has supported growth capital firm Highland Europe on its fifth fund, which closed after raising EUR1bn (USD1.1bn). Aztec has been administering Highland Europe’s funds since 2012 and, in addition to supporting on the close of Fund V, Aztec will continue to provide fund administration services to Highland Europe from its offices in…
Apex to acquire MJ Hudson
Apex has announced plans to acquire various operating businesses of troubled asset management services provider, MJ Hudson. Apex intends to acquire MJ Hudson’s business divisions which offer services including ESG, ManCo, quantitative, investment advisory, custodian bank benchmarking, Channel Islands fiduciary and fund administration, as well as investor relations and marketing solutions. MJ Hudson’s ManCo services…
Suntera hires from JFSC
Suntera Global, the C.I.-based administrator, has appointed Kathryn Wilkinson as head of operations, based in Jersey. She joins from the Jersey Financial Services Commission, where she was director of central operations.
TMF to acquire GFM in Ireland
TMF Group, the Netherlands-based provider of compliance and administrative services, is to acquire Goodbody Fund Management, part of Goodbody Stockbrokers, one of Ireland’s leading financial services firms. Completion of the transaction is subject to regulatory approval. In operation since 2013, GFM and the property investment management team provide fund solutions to AIFs and UCITS, as…
FundRock appointed by Boston Partners
FundRock, the Apex-owned third-party ManCo and AIFM, has been appointed by Boston Partners to provide ManCo services. The first of a series of planned sub-funds will be launched on the Irish FundRock UCITS Platform I ICAV. Boston Partners is a global value investor with USD79bn AuM across 18 investment strategies.
Waystone appoints CCO
Waystone, the Ireland-based ManCo and administrator, has appointed David Morrissey as global chief commercial officer, based in Dublin. This is an internal appointment.