Intertrust, the Netherlands-based provider of corporate and fund services, has launched an ESG data gathering and analytics solution. The service offers private fund managers an integrated approach to collecting and analysing ESG data and managing ESG risk in their portfolios.
Category: Alts
June REIM appoints EFA for new fund
EFA, the Luxembourg-based administrator, has been selected by June REIM, a French real estate investor, for administration and accounting for its new fund, June Opportunity S.L.P.
SeaFort appoints SS&C for new PE fund
SeaFort Capital, a Canadian private equity firm, has selected SS&C to support its SeaFort Capital Fund II. The new fund will invest in Canadian lower-mid-market core industrial and business services sectors. SS&C will provide front-to-back support, including fund administration, reporting, investor and tax services.
JTC to administer new fund for LandFund Partners
JTC Americas (formerly NES Financial) has been appointed to provide fund administration services for LFP Soil Enrichment Fund, LP (SEF), an open-ended fund starting with USD128m of farmland comprised of 20,100 cultivated acres. LandFund Partners plans to grow SEF to over USD1bn in assets. LFP manages over 38,000 acres of farmland.
Sanne appoints new South Africa head
Sanne, a UK-listed provider of alternative asset and corporate business services, has appointed Alan Keet as head of South Africa. He takes over from Graeme Rate, who recently relocated to Sanne’s Dublin office as head of Ireland.
Waystone supports Invenomic’s new UCITS fund
Waystone has supported the launch of the Invenomic US Equity Long/Short UCITS Fund on the MontLake UCITS Platform ICAV. The fund was launched with USD35m AuM.
Marlin appoints Apex
Apex has been appointed to provide fund administration and accounting services to Marlin Capital Partners, headquartered in Nassau. Apex, and its subsidiary Throgmorton, will provide outsourced ManCo, middle office, and fund administration services. The appointment comes ahead of the launch of Marlin’s Dauntless Fund, which will focus on arbitrage opportunities within the digital asset space.
Northern Trust & Emerald to deploy Broadridge Private Market Hub
Northern Trust and Emerald Technology Ventures have agreed to deploy the Broadridge Private Market Hub to improve visibility and reduce transaction friction to interact in real-time for Guernsey-domiciled funds. The hub, which was originally developed by Northern Trust, was transferred to Broadridge Financial Solutions, Inc. in 2019. It uses DLT to help solve the challenge…
Apex to administer Midtown’s RE portfolio
Apex has been appointed to provide fund administration services to Midtown Capital Partners LLC, a U.S.-based real estate investment firm focused on acquiring properties in the office, retail, industrial, and multifamily markets. Midtown has executed more than USD500m in acquisitions in the past five years, with a current portfolio valued at USD800m.
Sanne appoints new head of Ireland
Sanne, the UK-listed provider of alternative asset and corporate business services that is in the process of being taken over by Apex, has appointed Graeme Rate as head of Ireland. He joined Sanne in 2016 to lead the South Africa and Malta businesses, and will relocate to Dublin.