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.
Category: Alts
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…
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…
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…
Citco expands coverage for retail alts
Citco, the asset-services provider to the alternative investment sector, has opened an office in Kansas to support its expansion into the retail alternatives market. The office supports the operations of Citco’s recently effective SEC-registered transfer agency, which is focused exclusively on the retail alternatives market. It will serve as the main centre for Citco’s SEC…
CACEIS supports Amundi tokenised fund
Amundi has launched its first tokenised share of the AMUNDI FUNDS CASH EUR money market fund. The first transaction took place at the beginning of November, and the fund is now distributed in a hybrid manner: it remains accessible in the traditional way and via the tokenised share AMUNDI FUNDS CASH EUR – J28 EUR…
BlackFin and Arendt agree AIS deal
BlackFin Capital Partners and Arendt have entered into a partnership that will see BlackFin become the majority shareholder of Arendt Investor Services, subject to CSSF approval and other customary procedures, with Arendt retaining a significant stake. The scope of the transaction also includes the third-party AIFM, AManco. Luxembourg-based AIS offers services ranging from fund administration,…
Jill Evans joins TMF
Jill Evans has joined TMF, the Netherlands-based private markets administrator, as managing director of consultant relations and business development for North America and the Caribbean. She was previously at Capco, and spent nearly seven years at Citi, most notably as head of consultant relations for the securities services business, as well as acting as an…