Langham Hall, the UK-based administrator, has supported Clipway on the final close of its secondaries fund, Clipway Secondary Fund I, at USD6.4bn. The fund focuses on diversified LP-led secondary transactions in North American and Western European buyout funds. Langham Hall has provided fund administration, AIFM and depositary services from its Luxembourg office, supporting Clipway from…
Category: Alts
Aztec supports new defence fund
Aztec has supported Lakestar, a European venture capital investment adviser, on the closing of its USD300m Resilience I Fund, a Guernsey-regulated defence-related fund.
BBH hires head of digital asset strategy
Parth Gargava has joined BBH as head of digital asset strategy for its investor services business, based in Boston. He joins from Fidelity Investments, as well as teaching engineering of advanced crypto systems at Northeastern University.
Aztec supports new solar fund
Aztec Group, the C.I.-based administrator, has supported NextEnergy Capital, a UK-based renewables investment manager, with the final close – at USD974m – of NextPower V SCSp, a Luxembourg-domiciled fund focused on solar infrastructure. Aztec provided administration, accounting and transfer agency services to the fund from its Luxembourg office. Aztec’s relationship with NextEnergy Capital dates back…
Lardner steps down
Pat Lardner is to step down as chief executive of Irish Funds, the Irish trade association for the funds industry. Lardner has been chief executive since 2012 and has overseen the growth of Ireland’s share of the European fund market from 13pct to >22pct.
Sheller joins Alter Domus
Alter Domus has appointed Jason Sheller as head of commercial, North America. He will lead the business development and relationship management teams across North America. His career includes positions at CBRE, where he spent seven years, J.P. Morgan, Deutsche Bank and, most recently, just three months at Juniper Square.
Prescient hires from NTRS
Prescient Fund Services has appointed Nicola Gerety as Ireland country head. She replaces Emily Davy, who will continue to serve on the boards of Prescient Fund Services Ireland and its fund platforms. Gerety was previously at Northern Trust.
Euroclear hires from Zodia
Euroclear has appointed Usman Ahmad to lead Euroclear’s digital assets strategy, based in the UK. He most recently served as co-founding CEO of Zodia Markets, the institutional digital asset brokerage.
Trident hires U.S. sales head
Trident Trust has appointed Rafael Pérez as head of business development for fund services in the U.S., based in New York. He most recently led the Americas business development function at ONE Group Solutions.
CACEIS appoints Lux country head
CACEIS has appointed Ramy El Houayek as country managing director in Luxembourg. He joined CACEIS in 2007 and was most recently global head of operations, fund services. He replaces Philippe Bourgues, who has been appointed global head of PERES operations and joins the ExCo of CACEIS.