The DMS Group, MDO and MontLake have agreed to create a global governance and third-party management company. The resulting company will offer a portfolio of services and operate from four European locations with over 260 employees.
Category: Offshore
Ardian appoints Aztec to administer EUR19bn secondaries platform
Aztec Group, the C.I.-based administrator, has been selected by Ardian, the French private investment firm, to administer its eighth-generation secondaries platform, ASF VIII, said to be the world’s largest secondaries platform. ASF VIII attracted commitments totalling USD19bn from 275 investors in nearly 40 countries. Ardian, an Aztec client since 2013, has USD96bn AuM.
Alter Domus to administer Corten Capital’s EUR392m PE fund
Alter Domus in Guernsey has supported UK-based Corten Capital in reaching final closing of Corten Capital I, its first private equity fund, at EUR392m. Alter Domus will provide ongoing administration, reporting and regulatory services to the Corten Capital I structure.
Aztec Group to administer two new VC funds for Lakestar
Aztec Group, the C.I.-based administrator, has supported the European venture capital specialist firm, Lakestar, with the closing of Lakestar III and Lakestar Growth I funds. Lakestar III closed with commitments of EUR252m, whilst Lakestar Growth I raised a total of EUR426m. Aztec’s private equity team in Guernsey will provide ongoing administration and accounting services.
Aztec hires Eva Devine as head of depositary services in Lux
Aztec Group, the C.I.-based administrator, has appointed Eva Devine as head of depositary services in Luxembourg. She joins from European Depositary Bank, and has also worked at Deutsche Bank and BNY Mellon.
DBAG appoints Aztec to service new Guernsey-domiciled PE fund
Deutsche Beteiligungs (DBAG), a German private equity manager, has appointed Aztec Group, the C.I.-based administrator, to provide administration, accounting and investor services for its latest fund, domiciled in Guernsey with commitments of EUR1.1bn. Aztec will also act as the fund’s depositary from its UK office.
Aztec supports new fund for Redstone and SBI
Aztec Group, the C.I.-based administrator, has supported the launch of the Future Industry Ventures fund, a joint venture between Redstone and SBI Group. The fund aims to raise EUR200m. Aztec supported Redstone and SBI with the set-up and launch of the fund, and will continue to provide a range of administration and governance services from…
Aztec makes senior appointments in private debt
Aztec Group, the C.I.-based administrator, has made two senior appointments to its private debt leadership team. James Vella-Bamber has been promoted to group head of private debt, based in Luxembourg, while Peter Brown joins as head of private debt in Luxembourg. Prior to joining Aztec, Brown was at RBS, where he led funds banking activities…
EFA selects i-Hub as AML/KYC platform
EFA, the Luxembourg-based administrator, has chosen i-Hub as its platform for customer due diligence (AML/KYC) services. i-Hub, a wholly owned subsidiary of POST Luxembourg, was conceived and built in Luxembourg to serve the needs of the international banking and investment fund industries. EFA and i-Hub have defined a set of APIs that allow EFA to…
Apex hires Jean-Daniel Zandona as Lux sales director
Apex Group, the Bermuda-based administrator, has appointed Jean-Daniel Zandona as sales director, based in Luxembourg. He reports to Aman Bahel, European head of sales. Zandona will be responsible for continuing to grow the group’s offering in Luxembourg, which has over 600 employees and is the home of the group’s digital banking and onboarding business and…