FundRock Management Company, the Apex-owned third-party UCITS ManCo and AIFM, has expanded its relationship with Fundsmith, the UK-based fund management company, to include distribution services. In addition to existing ManCo services, FundRock Distribution S.A. will now provide distribution services, enabling Fundsmith to distribute its funds in Europe. FundRock Distribution will provide specific resources and support…
Category: Offshore
Aztec hires for banking & treasury
Paul Clohesy has joined Aztec Group as head of banking and treasury, based in its Jersey office. He joins from JTC, where he was treasury director.
Alison Manley joins U-I’s Ireland board
Alison Manley has joined the Ireland board of Universal Investment, the Germany-based administrator, as an independent non-executive director and chair. She has over 25 years’ experience developing funds and financial products and is an experienced non-executive director of Irish regulated UCITS, AIFs and ManCos. Manley established and was CEO of Goodbody Fund Management, a Super…
Gorman steps down from U.S. Bank
Linda Gorman has stepped down from her role as CEO of U.S. Bank Global Fund Services – Europe. She joined U.S. Bank following its acquisition of Quintillion in 2013. Gorman will be replaced by Ken Somerville, currently COO.
ZEDRA promotes in Guernsey
ZEDRA, the Switzerland based administrator, has appointed Elaine Kennedy as managing director of its Guernsey office, reporting to Steven Bowen, head of Channel Islands. She joined ZEDRA in 2005. Nick Slinn is promoted to deputy managing director.
IQ-EQ hires MD for Jersey
IQ-EQ, the Luxembourg-based administrator, has appointed Nicola Gott as managing director of its Jersey business. Prior to joining IQ-EQ, she was MD of Oak Group in Jersey.
Aztec launches onboarding solution
Aztec, the C.I.-based administrator, has launched Aztec Verify, a client onboarding service. Aztec Verify is an integrated solution that streamlines the due diligence and verification process for new client onboarding.
IQ-EQ supports French VC start-up
As part of its Launchpad initiative, IQ-EQ is supporting Fost Capital, a start-up French manager, with the launch of its maiden fund. Fost Capital is a female-led venture capital fund focusing on regulated businesses in areas such as fintech, legaltech and insurtech. Launchpad aims to rebalance the gender imbalance in the global asset management industry…
Suntera, Carey Olsen support new TNT JPF
Carey Olsen and Suntera Global, a C.I.-based administrator, have supported TNT Global Capital Pte. Ltd (TNT), a Singapore regulated asset management firm, with the launch of its latest fintech-focused fund, Volcano Investment Limited. Established as a Jersey Private Fund, Volcano Investment recently held its first close and has a fundraising target of USD100m. The fund’s…
RBC I&TS appoints global head of T&DS
RBC Investor & Treasury Services has appointed Bob Schaminé as global head, trustee & depositary bank services, based in Luxembourg. He was previously head of client experience for Europe & APAC.