Securitize, a platform for tokenising real-world assets, has launched the Securitize Tokenized AAA CLO Fund, a tokenised fund dedicated to AAA-rated collateralised loan obligations. The fund has been developed in collaboration with BNY, which will act as custodian for the fund’s underlying assets. The fund will be sub-advised by BNY Investments.
Category: Alts
Purves steps down from Aztec
Sean Hagerty, who has served on the Aztec Group board as chair since June 2025, will take on the role of executive chairman and interim CEO as Kathryn Purves steps down. Aztec Group is a C.I.-based provider of private markets services. Hagerty is a former chief executive of Vanguard Europe.
BNY wins BaaS mandate from WisdomTree
WisdomTree has appointed BNY as its core banking-as-a-service (BaaS) infrastructure provider for WisdomTree Prime, its retail platform for tokenised assets and cryptocurrency. The collaboration between the two firms cements WisdomTree as BNY’s first retail digital assets BaaS client. WisdomTree Prime is claimed to be the first app to provide access to tokenised funds to U.S.…
FundBank reshuffles in Cayman
FundBank, the banking solutions provider, has made two senior appointments in its Cayman operations. Jerome Ebanks, who has been with the bank since 2023, moves into the role of CEO, Albert Chin will assume the role of COO, having been with FundBank since its inception.
HGGC invests in Centralis
HGGC, an investment firm with >USD8bn AuM, is the new majority investor in Centralis Group, a Luxembourg-based alternative asset and corporate services provider. Backed by HGGC’s investment, Centralis plans to accelerate its expansion into new geographies, with the U.S. a key strategic priority,
L&G transitions to Alter Domus
L&G Asset Management has transitioned c. GBP20bn (c. USD 27bn) AuA to Alter Domus, following its strategic partnership in 2024. Under the agreement, Alter Domus provides outsourced operational services to L&G, including accounting, reporting, and unit pricing for UK-based real estate funds, and has expanded to include additional asset classes and jurisdictions. Thirty-five L&G staff…
Centralis hires from Apex
Centralis has hired Eilin Cabutto as business development director for Centralis USA Inc. She joins from Apex.
Allvue integrates Passthrough solution
Allvue Systems, a fintech provider for private capital markets, has integrated Passthrough’s investor onboarding technology. Passthrough is a solution provider for investor onboarding and financial crime compliance. The integration links Allvue’s fundraising and investor portal solutions with Passthrough within the Allvue platform. This integration is expected to simplify the prospecting, onboarding and management processes for…
Waystone shuffles client solutions management
Waystone, the Ireland-based provider of specialist services to the asset management industry, has made two senior client-facing appointments. Tom Williams has been appointed as U.S. head of client solutions, based in New York, and Daniel Forbes, who previously led the U.S. team, has moved to head up client solutions for EMEA from the firm’s Dublin headquarters.…
Carne hires MD for client solutions
Carne Group, the European third party ManCo and a provider of fund regulation and governance solutions, has appointed Clair Turketo as managing director, client solutions, based in New York. Her career includes senior roles at Cerberus and Blackstone in New York, as well as at KKR, BlackRock, Gartmore, and Morgan Stanley Investment Management in London.…