Apex has been appointed to provide fund administration, investor reporting and investor portal services to RailField Partners, a multifamily investment and asset management firm. Apex will support RailField’s fund accounting needs for its first institutional LP funds. Based in the U.S., RailField has partnerships with a wide range of investors including family offices, pension funds…
Category: Alts
Anchorage appoints head of sales
Anchorage Digital, a U.S.-based digital assets servicer, has hired Camilla Churcher as its head of sales. She was most recently at cryptonative lending platform, Celsius, where she was global head of business development, and has experience in traditional prime brokerage sales at Credit Suisse and Bank of America. Anchorage received an industry-first federal bank charter…
Adams Street deploys Apex ESG solution
Adams Street Partners, a U.S.-based private markets investment firm with >USD49bn AuM, has deployed a real-time ESG data analytics solution from Apex to provide insights into underlying fund and private company investments. The Apex analytics platform securely processes a variety of ESG data streams to provide tailored insights during investment and operational due diligence. Adams…
SGSS supports BTC ETF launched by Melanion Capital
Melanion Capital, a French asset management company regulated by the AMF, has launched a bitcoin ETF under the UCITS banner. The Melanion BTC Equities Universe UCITS ETF was launched on Euronext in October 2021 Melanion worked with SGSS throughout the planning and product design phase, which took two years, and subsequently appointed the bank as…
BBVA Switzerland adds ether to crypto service
BBVA Switzerland’s crypto asset service has added ether (ETH) to the investment portfolio, enabling private banking clients and customers with a New Gen account to manage both bitcoins and this cryptocurrency. On the BBVA app, they can view these digital assets along with other traditional investments. They can also automatically be converted to euros, dollars…
Nexo partners with Fidelity Digital Assets
Nexo, a UK-based regulated platform for digital assets, is collaborating with Fidelity Digital Assets, the institutionally focused execution and custody services platform provider, to improve institutional access to digital assets by offering best-in-class custodial and lending services, including the launch of institutional-focused products. Nexo, a provider of cryptocurrency-collateralised credit, with Fidelity Digital Assets as custodian…
Enfusion opens in Sydney
Enfusion, a U.S.-based provider of cloud-based investment management software and services, has opened an office in Sydney, Australia. Raymond Chan serves as head of sales, Australia and New Zealand, for Enfusion.
Project Jura completes wCBDC experiment
Banque de France (BdF), Swiss National Bank (SNB) and Bank for International Settlements’ (BIS) Innovation Hub have completed Project Jura, an experiment in cross-border wholesale CBDC, in collaboration with Accenture, Credit Suisse, Natixis, R3, SIX Digital Exchange and UBS. Project Jura explored cross-border settlement of tokenised assets in wholesale central bank digital currencies (wCBDCs) on…
SimCorp partners with Domos FS
SimCorp, the U.S.-based provider of SaaS investment management solutions, has entered into a partnership with Domos FS to deliver a front-to-back-office investment management offering covering both public and private markets for asset managers, asset owners and service providers. SimCorp has taken an initial minority stake in Domos FS.
CSC expands in Netherlands
CSC, the U.S.-based provider of business, legal, tax, and digital brand services, has secured additional depositary licences from the Netherlands Authority Financial Markets (AFM). After being one of the first non-bank providers to receive a depositary license for real estate and infrastructure funds, CSC has now extended its licence to include UCITS funds. In addition,…