Category: Independents

Marlin Capital Partners, a Nassau-based asset manager, has extended its partnership with Apex, which will now provide fund administration and accounting services to its latest fund, Marlin RSP. Apex was appointed in 2021 to provide outsourced ManCo, middle office and fund administration services to the Marlin Money Market Fund.

Arcesium, a U.S.-based fintech in which J.P. Morgan has a stake, has appointed Mahesh Narayan as institutional asset manager segment head. Narayan will oversee Arcesium’s delivery of its capabilities that support institutional asset managers, including the firm’s cloud-native data platform, investment lifecycle solutions, and associated financial operations. He has joined from BlackRock, where he was…

Ocorian, a C.I.-based provider of fund administration, capital markets, corporate and fiduciary services, has appointed Stevie Christian as head of projects. His focus will be on managing a series of complex projects at Ocorian, starting with IT, data and systems aimed at enhancing the client experience while streamlining systems and processes to boost efficiency across…

Apex has expanded its global compliance solutions services for the Singapore market, led by newly appointed Stefan Ho, head of compliance solutions, Singapore. The launch of compliance solutions in Singapore will help to address clients’ risks and concerns around ESG, climate and environmental risk, AML & compliance, and emerging technologies such as digital/crypto assets, and…

Gen II Fund Services, LLC, a U.S.-based independent private capital fund administrator, has hired Michael Abatemarco as head of credit. He will lead the credit fund administration and credit middle office services business, which provides private credit fund clients with an end-to-end service model. Prior to joining Gen II, Abatemarco served as director, head of…

JTC, the C.I.-based professional services provider, has launched its fund administration offering in Ireland to complement existing AIFM, depositary and corporate services. The business will be led by Graham Kennedy, CEO of JTC Fund Solutions (Ireland) Limited and follows Central Bank of Ireland regulatory approval. Following the acquisitions of Ballybunion Capital Limited and INDOS Financial…

Ocorian, the C.I.-based financial services group, has formed a strategic client group under the leadership of Simon Behan, chief commercial officer. As previously announced, Jamie Gleeson has joined this group from SS&C, where he was head of EMEA hedge fund sales. James Kent has also joined, having spent more than 14 years at Northern Trust,…

Apex has expanded its digital banking services delivered by its Luxembourg-based subsidiary, European Depositary Bank. EDB’s digital banking platform offers a tailored solution for asset managers and SPVs, family offices, corporates, trusts and UHNWI. Clients can now open multi-currency accounts and manage their day-to-day transactions, including global payments, FX requirements and cash management through automated…

LemonEdge, the UK-based fund accounting platform for the private asset sector, has struck a deal with 73 Strings, a fintech which provides advanced monitoring technology and a valuation platform for both equity and credit asset classes. The system is designed to streamline processes for analysing, valuing, monitoring and trading in illiquid assets. LemonEdge and 73…