EFA has been chosen by MNK PARTNERS. a European real estate investor, for administration and accounting services for its new real estate fund, FPS Polska by MNK. The fund will initially invest directly or indirectly in assets in Poland.
Category: Offshore
BP2S signs EUR16bn deal with Van Lanschot Kempen
BNP Paribas Securities Services has signed a strategic partnership with Van Lanschot Kempen (VLK) which includes two new mandates covering EUR16bn in assets (USD18.5bn). VLK is a Netherlands-based specialist independent wealth manager. As part of this partnership, BP2S will provide Kempen Capital Management, the asset management arm of VLK, with global custody, depositary bank, fund…
Conor O’Brien joins Crestbridge
Crestbridge, the C.I.-based administrator, has appointed Conor O’Brien as head of accounting and transfer agency for Ireland. He joins from SGSS.
INDOS receives CBI approval for depositary services in Ireland
INDOS Financial (Ireland) Depositary Limited, part of INDOS Financial, has received regulatory approval from the Central Bank of Ireland to provide depositary services to private equity, real estate and other alternative investment funds under Regulation 22(3)(b) of Ireland’s AIFM regulation. INDOS, which was acquired by JTC earlier this year, has operations in the UK and…
Connect PRO selects EFA for new PE fund
EFA, the Luxembourg-based administrator, has been selected by Connect PRO for administration and accounting for its new private equity fund, FPCI Sud Rebond. The fund aims to invest in promising companies mainly located in the south of France.
Argenta appoints EFA for risk monitoring
EFA, the Luxembourg-based administrator with >EUR150bn AuA, has been appointed by Argenta Asset Management SA to provide UCITS risk reporting and sanctioned securities monitoring services. UCITS risk reporting is a regulatory reporting solution designed within the context of UCITS regulations and compliance with ESMA guidelines. Sanctioned securities monitoring checks and monitors a portfolio’s positions in…
AssetMetrix opens in Lux
AssetMetrix, the Germany-based fintech in which BNP Paribas has a strategic stake, has opened an office in Luxembourg. Alexander Wedlich has joined AssetMetrix as head of business development for Luxembourg, Belgium and France. Wedlich has worked at Credit Suisse, RBC, CACEIS, Clearstream Banking and BNY Mellon.
CSC expands fund operations in Lux
CSC, a U.S.-based provider of business, legal, tax, and digital brand services, has expanded its operations in Luxembourg by securing new fund administration and depositary licences and adding two executives to help lead its growth in the market. Pierre Mifsud joins from Edmond de Rothschild as managing director for depositary services for CSC Global Financial…
JTC to buy Ballybunion Capital
JTC, the C.I.-based professional services business, has agreed to buy Ballybunion Capital Limited, an asset manager based in Dublin and regulated by the Central Bank of Ireland. Founded in 2009, Ballybunion Capital provides management and regulatory oversight services to investment funds and offers ManCo services as an AIFM as well as governance oversight, portfolio management…
Duncan Christie joins Gen II in Luxembourg
Gen II Fund Services, the specialist private assets administrator which has USD600bn AuA, has appointed Duncan Christie as head of operations and client services and a member of the executive committee in Luxembourg. He joins from IFDS in Luxembourg, where he was COO, responsible for operations, client service, business transformation, and research & development.