Aztec Group, the C.I.-based fund and corporate services provider, has supported the launch of eevolve Partnership SCSp, the first fund from eevolve, the Swiss asset manager established in 2022. The fund was oversubscribed at EUR372m (USD404m). Aztec will continue to provide ongoing administration and accounting services to the fund and its investment structures from its…
Category: Alts
Yealand selects Confluence for NAV service
Yealand Fund Services, a small UK-based ACD and fund administrator, has selected Confluence’s valuations pricing service to deliver greater transparency and efficiency in the pricing of multi-asset class financial instruments to its clients. Yealand will replace a previous provider to enhance the accuracy of data feeding its operational, portfolio management, and risk management processes while…
Ultimus launches fund platform
Ultimus, the independent provider of fund administration, accounting, and investor solutions, has launched Ultimus Registered Alternatives Gateway, a platform for launching registered alternative funds. Ultimus Gateway provides a full-service operating and oversight model with vetted partners, designed to streamline the fund launch process, offering components that enable advisors to navigate regulatory requirements with greater ease.…
First custody partners join Fireblocks
Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations, has announced the first members of its global custodian partner program. Launched in May 2024, the partner program enables its customers to connect to trusted licensed custodians, including CloudTech Group, Zerocap, Rakkar, Komainu, and Zodia Custody.
Coremont hires global ops chief
Roy Mennell has joined Coremont, the UK-based fintech which was spun out from Brevan Howard in 2018, as global head of operations. He was previously head of operations at Robocap.
Hex Trust integrates with Talos
Hex Trust, an Asia-based digital asset custodian, has integrated with Talos, a provider of institutional trading technology for digital assets, to create a seamless custody and trading experience for its clients. Hex Trust will become a custodian within the Talos Provider Network, offering its digital asset custody services to Talos clients. This integration will also…
Copper licensed in HK
Copper, the UK-based digital asset custodian, has secured a Trust or Company Service Provider (TCSP) licence in Hong Kong. The licence was granted by Hong Kong’s Companies Registry,
Gen II hires for transformation
Gen II Fund Services has appointed Alan Ince as chief transformation officer. He joins from Hg Capital.
Vistra appoints NA MD
Vistra, the Asia-based provider of services to companies and funds, has appointed Caroline Baker as country managing director for North America, based in Montreal. Baker reports to Jonathan Ferrara, regional managing director for the United Kingdom, Ireland, Channel Islands, India, Americas, and Middle East. She retains her role as global head of operations for funds.…
Zodia Markets to acquire Elwood business
Zodia Markets, a UK-headquartered digital asset trading business backed by Standard Chartered, has agreed with Elwood Technologies, a provider of digital asset execution and portfolio management software, to acquire Elwood Capital Management Ltd, Elwood’s digital asset OTC trading business based in Jersey, C.I., and regulated by the Jersey Financial Services Commission. Following completion of the…