Waystone, the Europe-based provider of specialist services to the global asset management industry, has formed a partnership with Allfunds, the global wealth management platform, for ManCo services in Luxembourg and Ireland. Under the agreement, Waystone will assume ManCo responsibilities for Allfunds’ existing Luxembourg and Ireland-based investment vehicles, with current Allfunds ManCo clients transitioning to Waystone’s…
Category: Independents
Apex opens in Qatar
Apex has opened an office in Qatar. Emad Khan has been appointed senior executive officer and country head for Qatar.
Bain appoints Alter Domus
Bain Capital Credit has appointed Alter Domus to provide CLO middle- and back-office services and bank loan settlement services for its global liquid and structured credit portfolios valued at more than USD30bn. Under the mandate, Alter Domus will deliver middle and back-office solutions, including loan administration and loan trade settlement for Bain Capital Credit’s portfolios.…
Centralis acquires in U.S.
Centralis Group, the Luxembourg-based alternative asset and corporate services provider, has acquired PINE Advisor Solutions, a U.S.-based provider of compliance, fund officer, and distribution services to asset managers. PINE acts as a distributor for >USD25bn in ETF assets and provides outsourced chief compliance officer and principal financial officer services for U.S. registered funds. PINE also…
FundBank authorised by CBI
FundBank, the Luxembourg-based provider of treasury solutions for alts investors, has been authorised by the Central Bank of Ireland to open a branch in Dublin, Ireland.
JTC adds to commercial team
JTC has expanded its commercial office with the appointment of David Gilchrist as director. Based in London, he will focus on the expansion of its banking, treasury and investments offering into new markets. He will also help shape new initiatives such as JTC’s custody and insurance propositions.
Ocorian appoints co-CEOs
Ocorian, the C.I.-based administrator, has appointed Craig Buick and Yegor Lanovenko as co-chief executive officers, subject to regulatory approval. They replace Chantal Free, who joined in 2023. Buick joined Ocorian in 2024 as CFO and Lanovenko joined in 2021 and was most recently co-head of the fund services business.
Gen II upgrades waterfall solutions
Gen II has appointed Beverly Shealy as head of waterfall solutions. She was previously at J.P. Morgan. Gen II has signed a long-term licensing agreement with S7 Fund Ops, a provider of automated waterfall solutions for private capital funds.
Langham Hall appoints head of Lux
Langham Hall, the UK-based administrator, has appointed Elijah Kanevskiy as head of Luxembourg, He joins from Revantage Europe, a Blackstone Group portfolio company, where he was CFO.
Apex opens in Jakarta
Apex has opened an office in Jakarta, Indonesia,