Tanarra Credit Partners, a private credit investment firm based in Australia, has selected Equity Trustees to be the responsible entity of its new fund, the TCP Private Debt Income Fund. TCP has >AUD750m (USD517m) AuM and is a part of Tanarra Group, a specialist alternative investment group with AUD3bn (USD2.1bn) AuM.
Month: August 2022
Davy selects Torstone platform
Davy Capital Markets, a member of the Bank of Ireland Group, has agreed to deploy the post-trade platform from Torstone Technology, a UK-based SaaS platform provider for post-trade securities and derivatives processing. The Davy Group has over 800 people managing >EUR16bn (USD16bn) of client assets, with offices in Dublin, London and throughout the island of…
BNY Mellon appoints new Lux head
BNY Mellon has appointed Brenda Bol as branch manager in Luxembourg and head of the investment managers segment in EMEA for the asset servicing & digital business. She joins from Brown Brothers Harriman in Luxembourg. The position at BNY Mellon has been open since David Claus left to join EDB earlier this year.
Hazeltree secures USD14m funding
Hazeltree, the U.S.-based provider of treasury and liquidity management technology for the alternative asset and investment management industries, has secured a USD14m strategic investment. The investment round was led by FINTOP Capital, a venture capital firm focused on fintech B2B SaaS companies, and joined by Hamilton Lane, a leading private markets investment management firm. Rick…
Northern Trust bolsters digital solutions team
Northern Trust has named Benjamin Bobroff as the new global head of the Digital Solutions Consulting team within its asset servicing business development division. Based in London, Bobroff joined Northern Trust in 2019 from BlackRock as senior consultant for EMEA. In his new role he reports to Jon Dunham, global head of asset serving sales.…
Fairlight selects SS&C
Fairlight Asset Management, an Australia–based global equity manager, has selected SS&C’s Eze Eclipse as its front-to-back investment management platform.
Enfusion loses CEO
Enfusion, a U.S.-based fintech provider of cloud-based investment management software and services, has appointed Oleg Movchan, currently a member of the board, as interim chief executive officer. Movchan succeeds Thomas Kim, who has resigned as CEO and as a director of the company so that he can “spend more time with his family”.
IQ-EQ hires head of Guernsey fund ops
IQ-EQ, the Luxembourg-based investor services provider, has appointed Gareth Smith as head of fund operations in Guernsey. Smith was most recently at Ocorian, leading its operations team. Prior to this, he was the head of Channel Islands for Apex Fund Services and head of private equity for Europe.
Carol Mahon joins Equity Trustees board in Ireland
Carol Mahon has been appointed as an independent non-executive director to the board of the Equity Trustees Independent Management Company business in Ireland. Mahon brings more than 20 years of extensive knowledge and experience in corporate governance and all aspects of running a business. She was most recently CEO at Hermes Fund Managers Ireland Ltd.…
State Street hires new global head of network management
State Street has hired Dan Hickey as global head of network management, based in the UK. Hickey joins from RBC Investor & Treasury Services, where he held a similar role. Following the successful implementation of its market-leading Network 2.0 strategy, RBC is currently building out interfaces with its three core sub-custody providers: Citi, Clearstream and…