Praxis, a C.I.-based administrator, has selected Allvue as a platform provider for its fund administration business.
Category: Offshore
Maples supports Warba’s new fund
Maples Group has supported Warba Bank with launch of USD200m Islamic fund. Warba, a Kuwait-based bank with a track record in Islamic finance, has expanded its global investment product offering by establishing a Cayman Islands-based Shariah-compliant structure to allocate capital to its newly established Warba Islamic Income Fund with the assistance of Maples Group and…
Langham Hall hires for Lux
Langham Hall, the UK-based administrator, has added two senior managers in Luxembourg. Ian Kent joins from State Street as head of fund administration – Luxembourg, and Brian Campion comes in from CSC as head of commercial – Luxembourg.
UI hires new head of Lux
Universal Investment Group (UI), the Germany-based fund services platform and Super ManCo, has appointed Jeremy Albrecht as its new CEO for Luxembourg. In this role, he will be responsible for heading UI’s Luxembourg platform, which consists of both UI Luxembourg, the largest AIFM and third party ManCo in Luxembourg, and fund administrator UI efa. He…
SEI hires seniors for Lux
SEI has appointed three leaders in Luxembourg, reporting to Ian MacWilliams, managing director of SEI’s Luxembourg office. Claire Matteucci serves as head of depositary, overseeing depositary services, which SEI recently launched in Luxembourg. Matteucci most recently was head of depositary for Standish Management Luxembourg, Manuel Martin de Rosales is conducting officer, responsible for compliance and…
Maurier wins expanded role
Mathieu Maurier, who has run the SGSS operation in Luxembourg for more than six years, has been rewarded for his highly successful tenure with an expanded role as regional head of Luxembourg, Ireland & Germany.
NT hires for Guernsey
Northern Trust has appointed Nick Leale as MD for its banking operations in Guernsey. He was previously an independent consultant.
SEI launches AIFM services in Lux
SEI has launched depositary services for Luxembourg alternative investment funds. SEI provides depositary services to more than 430 funds from other fund centres. SEI claims to be the largest fund administrator for private market funds in Luxembourg that are managed by a U.S. firm, and the largest private credit fund administrator by assets globally.
Waystone appoints ME chief
Waystone, the European provider of specialist services to the global asset management industry, has appointed Nigel Pasea as country head for the Middle East. He joined Waystone in 2021 as part of the acquisition of CCL Compliance, and has been leading the company’s compliance solutions business in the UAE. Waystone currently employs 45 people in…
RBS hires depositary chief
Michael Mekhaeel has joined RBS International as head of depositary services, based in Luxembourg. He was previously at Gen II after spending 17 years at BBH.