Intertrust Group, the Netherlands-based provider of corporate, fund, capital market and private wealth services, has launched a new fund governance service, Ironstone Directors, which is focused on offering independent directorship services and governance solutions.
Month: October 2020
Shirleen Ng joins Burgiss as APAC regional sales director
Shirleen Ng has joined Burgiss, the specialist provider of software to the private capital sector, as APAC regional sales director. She joins from BNY Mellon, where she was most recently APAC regional sales director for data and analytics solutions.
Sudrania launches mutual fund series trust
Sudrania Fund Services, the Chicago-based administrator, has launched a mutual fund series trust, primarily aimed at private assets fund advisors.
Mainstream hires Silva Seferian Jacotine as general counsel & head of risk
Mainstream, the Australian fund administrator which recently announced AuA of AUD210bn (USD150bn), has appointed Silva Seferian Jacotine to the newly created role of general counsel and head of risk. She was previously a partner in the corporate and investment funds group of Travers Thorp Alberga in the Cayman Islands.
Sabrina Li joins TMF to run China & Taiwan fund admin
Sabrina Li has joined TMF Group, the Netherlands-based professional services firm, to lead its fund administration business in China and Taiwan. Li joins from State Street.
HSBC to administer new HK/China cross-listing ETFs
HSBC has been appointed trustee, custodian and fund administrator for the first two ETFs in Hong Kong under the cross-listing scheme between Hong Kong and mainland China. Financial regulators in both markets have authorised Hang Seng Investment Management and CSOP Asset Management to launch Hang Seng Harvest CSI 300 Index ETF and CSOP Yinhua CSI…
Kieger appoints Northern Trust to administer Lux funds
Kieger AG a Swiss-based asset manager, has appointed Northern Trust to provide fund administration, global custody, depositary and currency management services for its Luxembourg-domiciled funds. Founded in 2000, Kieger manages assets focused on healthcare, sustainability, private equity and multi-asset portfolios. Its Luxembourg funds are structured as SICAVs and FCPs.
Ocorian hires Ben Hill as Guernsey MD
Ocorian, the C.I.-based administrator, has appointed Ben Hill as managing director of its Guernsey office. He joins from Northern Trust, where he was managing director of the firm’s fiduciary business in Guernsey.
SHUAA Capital appoints Apex to support new GCC fund
Apex has been appointed to provide fund administration to the USD200m Financing Opportunities Fund of SHUAA Capital psc, an asset management and investment banking platform based in the UAE. Apex will deliver services including financial reporting, investor communication, capital transactions and accounting support. SHUAA has USD13bn in AuM.
Ultimus supports innovative PE interval fund for Primark
Ultimus Fund Solutions has supported the launch of Primark Private Equity Investments Fund, an interval fund that focuses on private equity and gives non-accredited retail investors access to private equity market investment opportunities. The fund was launched by Primark Capital through a Delaware statutory trust. Ultimus facilitated the fund launch and provides daily administration, accounting…