Eleven, the investor operations platform for private fund managers and fund administrators, has launched Integrated Payments, a system that automates capital calls and distributions. Integrated Payments is now available on the Eleven platform for fund administrators and investment firms operating across private equity, venture capital, real estate, hedge funds, and other alternative asset classes.
Category: Alts
State Street to launch tokenised fund service
State Street intends to deliver a tokenised fund servicing capability from Luxembourg by the end of 2026. State Street Investment Management is expected to be an early adopter of the service. The capability will be delivered through State Street’s digital asset platform.
Grande joins Ultimus
Thomas Grande has joined Ultimus LeverPoint Private Fund Solutions as an SVP in its relationship management team, based in Boston. He was previously at U.S. Bank.
Gen II licensed in Guernsey
Gen II Fund Services, the U.S.-based global private capital fund administrator with USD1.5trn AuA, has been licensed by the Guernsey Financial Services Commission to provide fund administration services for Guernsey-domiciled private market structures.
Highvern hires CRO
Jason Burgoyne has joined Highvern & Permian as group chief operating officer and member of the group ExCo, based in the UK. He was previously at Vistra.
Aztec confirms head of real assets
Aztec Group, the C.I.-based provider of private markets services, has confirmed Richard Anthony as global head of real assets. He was previously interim head of real assets, having been with Aztec for 13 years.
Alchelyst adds senior managers
Alchelyst, the Ireland-based investor solutions and infrastructure partner for private markets asset managers, has appointed three managers to its leadership team: Jeff Dorigan, MD, head of U.S. sales, spent eight years at Brown Brothers Harriman. Karl McDonald, MD, transformation, was previously global head of hedge fund operations at BNY. Sinéad O’Sullivan, MD, investor solutions, was…
SG-FORGE appoints chief business officer
Gildas Le Treut has been appointed chief business officer for SG-FORGE, the digital assets service provider that is wholly owned by Société Générale. Le Treut has spent eight years at SGSS, most recently as a member of the ExCo and co-head of coverage, marketing & solutions, based in Paris.
NTRS integrates with Canton Network
Northern Trust has entered into an agreement with Digital Asset Holdings to support the development of custody capabilities for tokenised financial assets. As part of this agreement, Northern Trust will integrate with Canton Network’s infrastructure to develop and deploy applications that bridge digital and traditional markets, supporting institutional grade custody and asset servicing workflows for…
Altum appoints ManCo global head
Altum, the UK-based administrator, has appointed Christian Hertz as managing director and global head of ManCo. He will lead the Luxembourg AIFM team, overseeing operations, client service and business development. He will also serve as a director on the AIFM board, He was previously at LIS.