AssetMetrix, the Germany-based specialist asset servicing provider in which BNP Paribas has a stake, has appointed Joerg von Taube as head of the newly created account management function within its business development team. He joined AssetMetrix in 2017.
Category: Alts
NES to service new OZ fund in Puerto Rico
NES Financial, the Silicon Valley-based administrator owned by JTC, has been contracted to provide its Opportunity Zone fund administration solution to Puerto Rico Opportunity Zone Fund, LP, an Opportunity Zone fund managed by Monllor Capital Partners LLC, a minority-owned alternative asset manager and fund sponsor with operations in the Commonwealth of Puerto Rico.
AMF approves FundRock’s French AIFM service
FundRock, the European third-party ManCo and AIFM that is owned by Apex Group, has received regulatory approval from AMF, the French financial markets regulator, for FFAM, its new AIFM service in France. The new service will assist international and domestic professional investors in accessing alternative asset classes, including private equity and real estate.
State Street appoints O’Reilly to head alts in EMEA
State Street has appointed Vincent Georgel-O’Reilly as regional segment head for alternatives in EMEA. In this new role, O’Reilly covers hedge funds and private markets and is responsible for advancing the investment services strategic direction, product structuring, sales and operations in EMEA. He reports to Paul Fleming, global head of alternatives and Joerg Ambrosius, chief…
Apex to administer ETC for ETC Group
Apex Group is providing ETC Group with administrative support and trustee services for BTCetc ETC Group Physical Bitcoin, an exchange traded cryptocurrency (ETC) that tracks the price of Bitcoin, distributed by HANetf Limited. The ETC, which is listed on Deutsche Börse’s XETRA and SIX Swiss Exchange, has gathered >USD1.2bn AuM since launch in June 2020.…
BNY Mellon invests in Fireblocks
Fireblocks, a provider of software to store, transfer and issue digital assets, has raised USD133m in Series C venture capital funding. BNY Mellon is one of the investors.
Aztec Group appoints Charlotte Light as CTO
Aztec Group has appointed Charlotte Light as chief technology officer. She joins after four years at Channel 4, a UK broadcaster, where she was chief information officer. She will be based in the UK.
Apex-owned EAM reaches USD1bn AuM
Emerging Asset Management Ltd., the Apex-owned provider of turnkey solutions for fund launches, has reached the milestone of USD1bn AuM. EAM’s clients include new and established, small to medium sized fund managers looking to start or launch new alternative investment funds, including hedge funds, private equity, property, and commodities funds. EAM serves both onshore U.S.…
Aztec supports launch and admin of Oquendo’s senior debt fund
Aztec Group, the C.I.-based fund and corporate services provider, has supported Oquendo Capital, a Madrid-based private debt specialist, with the final close of Oquendo Senior Debt Fund. Aztec will provide administration, depositary, reporting and investor services to the fund from its office in Luxembourg, in addition to servicing four other Oquendo funds.
IQ-EQ launches global private debt & credit desk
IQ-EQ, the Luxembourg-based administrator, has launched a global private debt & credit desk to support managers and investors with increasingly complex debt strategies and offer clients a dedicated team of expertise across the full debt and credit spectrum. The new desk is complemented by a global structured finance and securitisation team that services asset-backed and…