Langham Hall, a UK-based provider of fund administration and AIFMD services, has supported the launch of Zenzic Capital’s new evergreen debt fund, the Zenzic Real Estate Credit Opportunities Fund. The fund is targeting commitments of up to USD3bn. Langham Hall is providing fund accounting and administration services to the fund and associated entities from its…
Category: Offshore
Nangle steps down from State Street
After 22 years at State Street, Gavin Nangle is leaving the firm. Based in Dublin, Nangle was most recently head of EMEA offshore business origination.
Waystone to support Bellevue ETF
Bellevue Asset Management has launched the Bellevue Healthcare ETF, an actively managed UCITS ETF focused on global healthcare equities. Bellevue will use Waystone’s white label ETF platform, which offers end-to-end support for the fund, from set- up to distribution.
Waystone adds to real assets team
Waystone, the European provider of fund administration services, has made two senior hires for its real assets business. Jamie Dean has joined as managing director – business development, UK, and Clive Short joins as managing director – business development, Luxembourg.
Gen II hires for Lux
Gen II Fund Services, an independent provider of private assets fund administration, has appointed Besmira Uruçi as executive director in its Luxembourg office.
Aztec wins private credit mandate
Aztec Group, the C.I.-based provider of fund and corporate services to the alternative investments industry, has been appointed BGO Partners to provide administration services for a number of its private credit fund structures. Under the mandate, Aztec will provide fund and corporate services, including AIFM and depositary, from its Luxembourg and Jersey offices.
Waystone to support new UCITs
Abbey Capital, the Ireland-based alternative investment manager, has launched its first UCITS, the Abbey Capital TrendPlus. The fund is established on Waystone’s MontLake UCITS Platform, with Waystone acting as ManCo.
Carne hires Lux BD head
Carne Group, Europe’s largest third-party ManCo, has appointed Francis Parisis as head of business development for Luxembourg. He was previously at PwC.
Claus takes new role at EdRAM
David Claus has joined Edmond de Rothschild as group head, asset servicing, and CEO of EdRAM in Luxembourg. He was previously CEO of European Depositary Bank, which is owned by Apex. In 2023 Edmond de Rothschild entered into a definitive agreement to sell its Luxembourg-based third-party asset servicing activities to Apex, but the deal did…
TMF hires O&T director
TMF Group, a Netherlands-based provider of fund and corporate services, has appointed Ramesh Ketti as the global operations and technology director of fund services and capital markets. based in Dubai. He was most recently deputy global head of closed-end operations for Apex.