JTC, the C.I.-based professional services firm, has added two managers to its funds team in Jersey. Will Turner and Ben Durbano specialise in real estate and private equity respectively and join Ashley Vardon, senior director – fund services, who was appointed earlier this year. Turner was previously at Crestbridge, whilst Durbano joins from Sanne.
Category: Independents
IQ-EQ wins UK REIT mandate
Urban Logistics REIT plc has appointed IQ-EQ to provide regulatory and compliance services in the UK. Urban Logistics REIT plc invests in properties across the UK.
Apex appoints UK chief
Apex has appointed Stephen Geddes as regional head – UK. He joined Apex in London following the acquisition of Mainspring Fund Services.
Chansky joins SS&C
Neal Chansky has joined SS&C as head of the registered funds business, based in the U.S. Chansky was most recently global head of consultant relations at BNY Mellon, and previously spent 10 years at State Street.
Admina selects LemonEdge
LemonEdge, which provides a platform for managing private markets fund and portfolio accounting, has been selected by Admina Fund Services as its accounting solution. Guernsey-based Admina is a specialist administrator for closed ended funds.
Apex opens in Montreal
Apex is expanding its presence in Canada with the opening of a new office in Montreal to provide locally delivered services and French-language support to its clients in the province. Apex currently employs >300 people in Canada. In 2022 Apex acquired Prometa Fund Services, a Canada-based provider of fund services for >CAD28bn (USD21bn) AuA across…
New CEO for Waystone
Sanjiv Sawhney has been appointed global CEO of Waystone. He joins from Citi, where he has led global and regional investor services teams for the last 15 years, most recently as global head of client coverage, securities services. Earlier this year, Waystone abruptly parted company with Derek Delaney, CEO, Paul Cahill, COO, and Glen Magee,…
Gen II appoints group president
Gen II Fund Services, an independent private capital fund administrator with USD1trn AuA, has appointed Bob Caporale as group president. Caporale assumes this role after serving as head of corporate development for the past three years. Gen II is in the process of acquiring the private capital administration business of Crestbridge.
North Square moves to Ultimus
Ultimus Fund Solutions, a U.S.-based administrator, has been appointed by North Square Investments as fund administrator. As part of the mandate, North Square transitioned 12 mutual funds to Ultimus, which is now providing fund accounting, fund administration, transfer agency, shareholder servicing, distribution and compliance services.
Altum expands in Lux
Altum Group, the UK-based financial services provider, has been granted an Undertaking for Collective Investment (UCI) extension by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. This enables Altum to provide a fully integrated fund administration and transfer agency solution to alternative investment funds. This news follows the recent announcement of its agreed…