Alter Domus, the Luxembourg-based provider of integrated solutions for the alternative investment industry, has appointed Gus Harris, head of AD Data & Analytics, to its group executive board, where he will continue to report to Doug Hart, CEO. In his current role, Harris leads Alter Domus’ data and analytics products strategy and team, developing new…
Category: Offshore
Ballybunion appoints new CEO
Ballybunion Capital Limited has appointed Orla Philippon as CEO, following approval from the Central Bank of Ireland. She takes over from Ballybunion founder Patrick O’Sullivan, who will continue as non-executive director for the firm and sit on client boards. Philippon joined Ballybunion in 2018 and has been instrumental in driving the integration project following acquisition…
Capital Pilot launches innovative PE fund
Carey Olsen and HIGHVERN have supported Capital Pilot on the launch of Boost Fund I, the UK’s first automated high-volume investment fund for high-growth UK startups. Established as a Jersey private fund, Boost Fund I invests in UK startups and plans to complete 100 equity investments in less than six months. Carey Olsen acted as…
Ocorian makes two strategic hires
Two senior front-office appointments at Ocorian, the C.I.-based administrator: Jamie Gleeson joins as director of strategic sales, based in the UK. He joins from SS&C, where he was head of EMEA hedge fund sales. He has also worked for BNY Mellon and State Street. Richard Dinn has joined as strategic client director, based in Dublin.…
HSBC wins GBP50bn Aviva RE mandate
HSBC and Mount Street Group have entered into a 10-year strategic agreement with Aviva Investors for asset servicing arrangements for its real assets business, covering GBP50bn (USD60bn) AuM. The mandate will see HSBC and Mount Street assume all fund administration and debt servicing functions on behalf of Aviva Investors’ real assets strategies. The mandate follows…
Apex supports Foord’s new Australia fund
Apex has been appointed by Foord Asset Management to support its expansion into the Australian market. Apex will provide fund administration, transfer agency and custody services to Foord’s new Australia-domiciled fund, the Foord Global Equity Australian Feeder Fund. This follows the recent announcement that Foord had appointed Equity Trustees as the Responsible Entity (trustee) for…
PFS wins new platform mandate in Bermuda
Pacific Fund Systems, the Isle of Man-based portfolio platform provider, has been selected by Kensington Fund Services Ltd, a newly established fund administrator based in Bermuda, for the PFS-PAXUS fund administration system for its third-party fund administration business operations. Pacific Fund Systems has a client base with >USD1trn of assets on PFS-PAXUS. Graham MacDonald, Managing…
Inversis to acquire stake in Adepa
Inversis, a 100ct subsidiary of Spain’s Banca March specialising in global solutions for financial asset distribution, has agreed to acquire 40pct of Adepa, a Luxembourg-based group providing management and administration services for investment vehicles (UCITS and alternative funds, including real estate and venture capital), which has operations in Luxembourg, Spain, Italy and Chile. The agreement…
Paul Heffernan joins Waystone
Paul Heffernan has joined Waystone as CEO of its ETF business. He previously spent six years at HSBC in senior European sales roles for the securities services business. He is based in Ireland.
Ocorian granted three new licences in Ireland
Ocorian, the C.I.-based administrator, has been granted three new licences by the Central Bank of Ireland. The firm, which has offered corporate and capital market services in Ireland for 15 years, now has licences covering AIFM, fund administration and real asset depositary services.