Crestbridge, the C.I.-based alternatives administrator, has appointed Tawanda Mberi as an associate director within its real estate funds team. With almost 15 years’ experience in international financial services, Mberi has worked at a number of firms in both the C.I. and Zimbabwe. Most recently, he worked at Alter Domus where he oversaw a portfolio of…
Category: Offshore
IQ-EQ appoints European compliance chief
IQ-EQ, the Luxembourg-based administrator, has appointed Philip Hanssens as head of risk and compliance for Continental Europe. He joins IQ-EQ from Fidelity International, where he was responsible for leading the European compliance advisory team and overseeing the delivery of advisory services across EMEA and Latin America as chief compliance officer, Europe.
JTC confirms Blackburn as head of ICS
JTC, the C.I.-based administrator, has appointed Dean Blackburn as group head of institutional client services (ICS). ICS provides fund and corporate services to institutional clients, supported by a global team of over 900 people, across sixteen offices in nine jurisdictions. Blackburn joined JTC in 2019.
Core opens in Guernsey
Core Fund Services (Guernsey) Limited has opened. Core is an independent, owner-managed business offering fund administration, accounting, compliance and corporate governance services to investment funds and management entities domiciled in Guernsey.
Apex to acquire BACSIL
Apex plans to acquire Bank of America Custodial Services (Ireland) Limited (BACSIL), the Irish depositary business of Bank of America. Apex will acquire BACSIL through its subsidiary, European Depositary Bank. The BACSIL business, based in Dublin, provides depositary services for client assets of USD71.4bn. Upon closing, BACSIL’s team will join Apex in Dublin.
Nippon Life India transitions to SS&C Eze
Nippon Life India Asset Management (Singapore) Pte. Ltd., the offshore platform of Nippon Life India Asset Management Limited, has transitioned its operations to the SS&C Eze asset management platform. The firm will now use the Eze Investment Suite ecosystem for its recently launched fixed income ETF, among other funds. Nippon Life India Singapore manages funds…
CSC wins commodities fund mandate
Unearth Capital Limited, a UK-based investment manager, has selected CSC Fund Administration (Ireland) as fund administrator for its inaugural hedge fund, the Unearth Chrome Fund. The fund provides exposure to the commodities sector.
Crestbridge re-hires RE specialist
Crestbridge, the C.I.-based administrator, has appointed Emily Manning as director, real estate funds. Manning began her career at Crestbridge where she worked for six years overseeing portfolios of property investment vehicles. She re-joins Crestbridge having most recently held the position of head of fund operations at Langham Hall in C.I.
TR Capital selects IQ-EQ
TR Capital, a secondary private equity fund manager based in Asia, has selected IQ-EQ’s Hong Kong and Luxembourg teams to administer the Cayman and Luxembourg parallel structures of its new Fund V. In addition, TR Capital has since appointed IQ-EQ for an unspecified number of further mandates. TR Capital has offices in Hong Kong, Singapore,…
Centaur joins Waystone
Centaur Group, the Ireland-based fund administration and fiduciary services provider, is now part of the Waystone Group, following completion of the acquisition. Centaur’s founders – Karen Malone, Ronan Daly and Eric Bertrand, will join Waystone. The transaction will broaden Waystone’s service offering to asset managers and their investors, adding fund administration to its existing ManCo…