Aztec Group has supported Global Healthcare Opportunities (GHO), a European healthcare specialist private equity firm, on the final close of GHO Fund IV, raising over EUR2.5bn (USD2.9bn). This marks GHO’s largest fund to date and brings total AuM to c. EUR9bn (USD10.5bn). Aztec will provide ongoing administration, company secretarial, and accounting services.
Year: 2025
Farlese joins Ultimus
Ultimus Fund Solutions has appointed Steve Farlese as COO of Ultimus Private Fund Solutions. He joins Ultimus with more than 30 years’ experience in alternative fund operations, investor services, and global service delivery. Prior to joining Ultimus, he spent over three decades at BNY, where he most recently served as MD supporting alternative investment solutions…
T. Rowe Price upgrades with CRD
T. Rowe Price, the U.S.-based manager with USD1.79trn AuM, has expanded its relationship with Charles River Development through the migration to the SaaS-deployed Charles River Investment Management Solution (IMS). A representative from T. Rowe Price, a Charles River client since 2002, said: “It was a huge initiative that involved deep work on both sides, and…
Fineco appoints SGSS for ELTIF servicing
As Fineco Asset Management expands its product suite to offer alternative investment funds, it has appointed SGSS to provide fund administration, depositary and transfer agency services for its first private equity fund, domiciled in Ireland, as well as local transfer agency services in Italy. This new investment solution will be directed towards FinecoBank clients in…
Voss expands with SS&C
Voss Capital has selected SS&C GlobeOp as its fund administrator. The Texas-based fund manager focuses on value-oriented special situations. SS&C will provide a full range of fund services across two funds with USD375m AuM. SS&C will also service Voss Capital’s separately managed accounts. Voss Capital initially started on SS&C’s Eze Eclipse platform and then expanded…
Ocorian acquires in UAE
Ocorian, the C.I.-based asset servicing provider for asset managers, private and corporate clients, has acquired Clarity Consulting Solutions Ltd, a UAE- based regulatory and compliance services provider. Clarity was founded in 2020 by Natalie Hodgins and Shamshad Khan who, together with partner Barry Cotter, will join Ocorian and be part of the global regulatory and…
Coremont receives capital injection
Coremont, a provider of multi-asset class portfolio management software and analytics, has received a USD40m investment from funds managed by Blue Owl Capital, a U.S.-based asset manager with USD295bn AuM. Coremont was spun off in 2018 from Brevan Howard, the alternatives asset manager.
Clearstream expands fund servicing to UAE
Clearstream has expanded its services to include operational processing for funds domiciled in the UAE. This includes the special purpose domiciles such as the DIFC and the ADGM. Clearstream can now support execution activities for various types of funds, including open-ended mutual funds, closed-ended mutual funds, and closed-ended private equity funds, including VC funds, which…
U.S. Bank appoints MUFG and Citi
U.S. Bank has appointed MUFG and Citi as sub-custodians for five additional markets in its Asia-Pacific custody network. The markets included in this move are Japan, Indonesia, Malaysia, Thailand and Vietnam. U.S. Bank is using MUFG as sub-custodian for Japan; Citi will be sub-custodian for Indonesia, Malaysia, Thailand and Vietnam. With the transition of these…
Ultimus appoints CCO
Ultimus Fund Solutions has promoted Nickolaus Darsch to the role of chief commercial officer. Darsch, who has been at Ultimus for more than six years, is based in Boston.