Woodbridge Capital, an Australia-based investment manager and non-bank lender, has appointed Equity Trustees as Responsible Entity (trustee) of its new retail fund, the Woodbridge Secured Income Fund.
Category: Headlines
HSBC leads funding round for HQLAᵡ
HQLAᵡ has closed a Series C investment round led by HSBC, with participation from existing shareholders including BNP Paribas, BNY Mellon, Citigroup, Deutsche Börse Group, Goldman Sachs and J.P. Morgan. As part of HSBC’s investment, Jamie Anderson, head of collateral treasury trading at HSBC, will join the HQLAᵡ board of directors. HQLAᵡ is fintech that…
Apex buys in South Africa
Apex is to acquire IP Management Company (RF) (Pty) Ltd, a South African unit trust ManCo. IPMC is a collaboration between established financial services businesses, which compete and promote their products independently, but co-exist in a relationship within IPMC, creating a business with depth of resources and diversification of assets under administration. IPMC adds ZAR22bn…
Taskize CEO steps down
Philip Slavin, CEO of Taskize, the Euroclear-owned provider of inter-company workflow solutions forthe financial services industry, has decided to step down. James Pike, currently head of business development, has been appointed interim CEO. A search process has been launched to appoint a permanent successor to the role.
IQ-EQ implements Multifonds
IQ-EQ, the Luxembourg-based provider of fund administration, private debt, and corporate services for the alternative investment industry, has gone live on Temenos’ Multifonds platform, implementing the solution in under six months. IQ-EQ chose Temenos Multifonds Global Investor Servicing to automate and streamline its investment operations, initially for transfer agency services in Europe, with the potential…
Quoniam outsources to SimCorp
Quoniam Asset Management has appointed SimCorp to provide an operational solution for Quoniam that combines the asset manager’s proprietary research and portfolio construction capabilities with the functionality of SimCorp’s enterprise Software as a Service (SaaS) platform. SimCorp will be responsible for data management services for investment operations including market and reference data, as well as…
Varys hires FundRock
Varys Capital has appointed FundRock, the Apex-owned administrator, to manage a feeder fund, Varys Capital Ventures (CEIC) Limited, in the Abu Dhabi Global Market (ADGM). Apex has been appointed as administrator.
Pirum hires for North America
Pirum, the post-trade services fintech specialising in the securities finance sector, has hired Mark Jennis to lead business development for CollateralConnect in North America. Jennis was previously at Transcend, a provider of liquidity, funding, and collateral optimisation solutions.
Gen II completes Crestbridge acquisition
Gen II Fund Services, the U.S.-based independent private capital fund administrator, has closed the acquisition of Crestbridge, a UK-based provider of private capital fund administration services. The acquisition of Crestbridge expands Gen II’s presence in Luxembourg and adds jurisdictional reach in the UK, Jersey, Ireland, and other international markets, significantly broadening Gen II’s global service…
IQ-EQ backfills in Asia
Following the appointment of Sridhar Nagarajan as managing director, Singapore and regional CEO, Asia, Middle East and Africa, IQ-EQ has appointed Rehma Imrith as its new managing director for Mauritius, and Pazani Vaitilingon, head of funds, Mauritius, as chief commercial officer for Africa, India and Middle East.