Deutsche Börse AG and SimCorp A/S have entered into a binding agreement which will see Deutsche Börse make an all cash recommended public takeover offer to acquire SimCorp, valuing the business at EUR3.9bn (USD4.3bn). The transaction is subject to regulatory approvals as well as other customary conditions and is expected to be completed in the…
Month: April 2023
Goji appoints new operations director
Goji, the FCA regulated, UK-based fintech that offers investors digital access to alternative investments, has named Clémence Chorlay as its new operations director. Based in London, Chorlay was most recently fund operations manager at Moonfare, a digital investment platform for private equity. She also formerly worked at Euroclear, which acquired Goji in 2022.
Suntera adds to finance team
Suntera Global, the Isle of Man-based administrator with USD35bn AuA, has promoted Alex Noel to chief financial officer and hired Tom Cope as group head of finance. Noel was previously director of mergers and acquisitions, whilst Cope was previously head of finance at Sanne, the Apex-owned administrator.
Fenergo adds three to C-suite
Fenergo, the provider of digital solutions for KYC, transaction monitoring and client lifecycle management, had added three C-suite executives. Stephanie White joins from eBay as chief people officer, Chris Zingo from Finastra as chief revenue officer, and Conor Clinch from ION as chief financial officer.
Citi hires global head of custody prod dev
Citi has appointed Mike Hughes as global head of custody product development. He will be responsible for the custody strategy across all Citi’s proprietary markets and global models. He joins from Ocorian, a C.I.-based independent administrator. Prior to that, he was at J.P. Morgan. Based in London, he will report to Matthew Bax, global head…
Citi hires Lux/NL chief
Citi has hired Eduardo Gramuglia Pallavicino as head of Luxembourg & the Netherlands. Gramuglia, who has been working as a strategic advisor and non-executive director, was previously head of Luxembourg for State Street and has also worked at BBH. He replaces Larissa Sototskaya, who has moved to a new role as global head of TA…
Vistra hires industry veteran for UK PERE role
Vistra, the Asia-based administrator, has hired David Page as UK business development director for private equity and real estate. He was most recently in the alternatives business development team at BNY Mellon.
Confluence appoints new board director
Confluence Technologies, the U.S.-based software provider focused on the investment management industry, has appointed Joan Binstock to its board of directors. Confluence is backed by Clearlake Capital Group and TA Associates. She currently serves as independent director and audit chair at KKR Real Estate Select Trust Inc., as well as a board member at both…
BNY Mellon and FRT expand agreement
BNY Mellon has expanded its 2021 agreement with Financial Recovery Technologies (FRT), a global securities class actions recovery provider, to cover North American class action filing and recovery service, including broader access to comprehensive non-U.S. alerts for global markets. Headquartered in the U.S., FRT has more than 2,500 institutional clients worldwide who deploy FRT’s class…
LemonEdge partners with it|venture
LemonEdge, the private equity fund accounting and administration software, has struck a partnership with it|venture, a UK-based provider of technology services to the private capital markets sector. The partnership will offer private equity firms and fund administrators a single, end-to-end, automated data platform. it|venture’s Connect platform specialises in streamlining the process of implementing integrations between…