State Street and TCW have expanded their decades-long partnership that now includes the provision of middle office services. This engagement builds on and grows the existing services that State Street continues to provide TCW, including administrative and custody services to support TCW’s public and private fund complexes and capital for TCW’s alternatives platform. TCW will…
Category: State Street
FundBank hires from State Street
FundBank, a provider of banking solutions to the alternatives sector, has appointed Marcia Rothschild as senior managing director, head of business development. Rothschild joins from State Street, where she was head of LatAm and the Caribbean.
State Street hires digital chief
State Street has appointed Vanessa Fernandes as head of digital asset solutions. Fernandes, who will be based in New Jersey, will report to Donna Milrod, chief product officer. Prior to joining State Street, Fernandes was global head of digital experience at BNY Mellon.
Senior hires at BNY
Two senior hires at BNY Mellon: Paul Fleming joins as head of alternatives, based in Boston. Fleming was previously global head of alternatives at State Street before leaving in 2023. Earlier this year BNY hired Elliott Brown for the role, but he has subsequently left the firm. Bryan Ireton joins as head of client service,…
Coller expands with State Street
State Street has been appointed by Coller Capital to provide fund administration and accounting, custody, depositary services, currency management and transfer agency. Coller Capital is the largest independent investor dedicated exclusively to investing in the private capital secondaries market, with USD33bn AuM. The full-service appointment follows State Street’s initial work with Coller Capital on the…
alchelyst hires U.S. leader
alchelyst, the Ireland-based administrator, has appointed Shawn McMenimen to lead its business in the U.S. Based in Boston, he has previously worked at Alter Domus and Gen II after spending 19 years at State Street.
NT hires onboarding chief
Spiro Christopulos has joined Northern Trust as global head of client onboarding, based in Boston. He previously held a similar role at State Street.
SimCorp hires from CRD
SimCorp has hired Jason Pietrafitta as head of customer success for Asia Pacific, based in Singapore. He was previously at CRD, a State Street company.
GTCR buys AssetMark
AssetMark Financial Holdings, Inc., a wealth management technology platform for financial advisors, has completed its acquisition by GTCR, a private equity firm. The acquisition is valued at approximately USD2.7bn, The closing of the acquisition concludes its partnership with Huatai Securities. Concurrent with the closing, AssetMark announced the appointment of Lou Maiuri as chairman and group…
Challenger signs with State Street
Challenger Limited, the publicly listed Australian investment management firm, has appointed State Street to provide custody and, through State Street Alpha, back-, middle- and front office investment administration services, for a suite of listed and unlisted investment vehicles with AUD127bn (USD85bn) AuM. Challenger will be one of the largest investment managers in the region to…