ZILO, the UK-based fintech specialising in asset and wealth management software, has raised USD27m in a Series A2 funding round. Portage led the round, joined by State Street, both existing shareholders, and management.
Month: September 2025
Waystone poaches Ryan from BNPP
Waystone, the European provider of fund administration services, has appointed Diarmuid Ryan as global head of administration solutions. He was previously global head of alternatives, liquid alternatives and hedge fund services at BNP Paribas.
Cooper leaves Northern Trust
After just over two years at Northern Trust, Duncan Cooper has left to run his own business. He was chief data officer at Northern Trust, and has also worked at BNY and HSBC. He is based in the UK.
Boothbay appoints SS&C GlobeOp
Boothbay Fund Management, a multi-strategy alternative investment advisor, has selected SS&C GlobeOp as its fund administrator. Boothbay’s multi-manager platform has >USD2.5bn AuM across >140 separately managed accounts.
Aztec hires head of product
Aztec Group has appointed Sam Metland as its new head of product and propositions. He joins from Citco, where he held roles including head of private equity product and, most recently, head of solutions engineering. Prior to this, he held senior product and strategy roles at J.P. Morgan and Brown Brothers Harriman.
NTRS to support Brandes Australia fund
Northern Trust has expanded its relationship with Brandes Investment Partners (Asia) Pte Ltd, part of the Brandes group of companies that includes Brandes Investment Partners L.P, to support the launch of the Brandes Global Value Fund in Australia, providing global custody and fund administration. Brandes, a California-based investment advisory firm, has been a Northern Trust…
Pirum appoints chairman
Pirum, the fintech focused on securities finance automation and collateral management, has appointed Richard Bentley as non-executive director and chairman of the Pirum board of directors. His most recent roles include chief product and engineering officer at Adenza (formerly Calypso and AxiomSL, now part of Nasdaq Inc). This follows the recent appointment of Ben Challice…
Waystone to support Bellevue ETF
Bellevue Asset Management has launched the Bellevue Healthcare ETF, an actively managed UCITS ETF focused on global healthcare equities. Bellevue will use Waystone’s white label ETF platform, which offers end-to-end support for the fund, from set- up to distribution.
Symmetry selects SEI for ETF launch
Symmetry Partners has selected SEI’s Advisors’ Inner Circle fund platform to launch its first ETF, the Symmetry Panoramic Sector Momentum ETF. Since 2018, SEI has been servicing eight of Symmetry’s mutual funds.
Northern Trust hires Jess Donohue
Northern Trust has hired Jessica Donohue as head of product management for asset servicing. Based in Boston, she reports directly to Teresa Parker, asset servicing president. Before taking a break from the industry, Donohue was at State Street, latterly as global head of the asset owner segment.