Ocorian, the C.I.-based administrator, has supported the GBP180m (USD250m) initial public offering of Seraphim Space Investment Trust plc on the main market of the London Stock Exchange. The trust is a closed-ended investment company and will invest in a diversified international portfolio of early and growth stage space technology businesses. Ocorian’s UK team is providing…
Category: Independents
GK8 partners with Securrency
GK8, an Israel-based cybersecurity and digital asset custodian, has partnered with fintech company Securrency to provide banking clients with institutional-grade blockchain services. The partnership centres around GK8’s enterprise-grade custody solutions, which will become available to Securrency’s clients as it builds its tokenisation infrastructure. Securrency’s main focus is tokenising real-world assets such as stocks, commodities and…
Apex acquires Greenough Consulting Group in U.S.
Apex has acquired Greenough Consulting Group (GCG), a U.S.-based provider of finance, accounting, and human resources services to technology companies, venture capital and private equity funds. GCG’s client base is evenly split between start-ups or midmarket corporates, and venture capital and private equity funds.
EquiLend acquires majority stake in Stonewain
EquiLend, the fintech company for the securities lending, collateral and swaps industries, has acquired a majority stake in Stonewain Systems, an independent provider of software and solutions for the securities finance industry. EquiLend’s stake in Stonewain comes after a two-and-a-half year-partnership for EquiLend Spire.
Hugo Smyth joins Ocorian in senior cap mkts role
Hugo Smyth has joined Ocorian, the C.I.-based administrator, as head of business development – UK & Europe – capital markets. He is based in London and reports to Simon Behan, chief commercial officer. He joins from Deutsche Bank. Ocorian’s capital markets business includes loan administration and agency, debt restructuring and trustee services.
Apex in talks to buy Sanne
Apex is in advanced discussions with the board of Sanne regarding a possible offer to be made by Apex for the entire issued, and to be issued, share capital of the company at a price of 920 pence per Sanne share, in cash. Apex says that it is well advanced in its due diligence review…
Gen II acquires Stone Pine
Gen II Fund Services, LLC, an independent private equity fund administrator, has acquired Stone Pine Accounting Services, LLC, a Denver-based private equity fund services provider. Terms of the transaction were not disclosed. The addition expands Gen II’s footprint in the Western U.S., and increases its headcount to more than 750. The acquisition brings Gen II’s…
Carne Group changes executive committee
Carne Group, the European provider of ManCo and fund governance services, has announced changes to its executive committee. Pascal Dufour, based in Luxembourg, takes on the role of Carne’s group chief product officer. Des Fullam, based in Dublin, takes on the role of Carne’s head of regulation & client solutions. Earlier this year Carne hired…
Wyn James joins Burgiss to head AsPac client coverage
Burgiss, a provider of data, analytics and technology solutions for private capital investors, has appointed Wyn James as head of client coverage for Asia Pacific. Based in Singapore, he will report to Jay McNamara, president of Burgiss. He has spent the last nine years in a variety of financial technology roles, including his most recent…
U.S. Marshals switch to Anchorage for crypto asset custody
In what appears to be change of heart, the U.S. Marshals Service (USMS), a part of the Department of Justice, is using Anchorage Digital for the custody of seized digital assets. Anchorage Digital said that it will also provide “accounting, customer management, audit compliance, managing blockchain forks, wallet creation, transformation of token assets into coin…