IQ-EQ, the Luxembourg-based administrator, has launched a global private debt & credit desk to support managers and investors with increasingly complex debt strategies and offer clients a dedicated team of expertise across the full debt and credit spectrum. The new desk is complemented by a global structured finance and securitisation team that services asset-backed and…
Category: Independents
BlueOrchard moves JAWEF to EFA
EFA, the Luxembourg-based administrator, has been appointed by BlueOrchard Finance Ltd, an impact investment manager, to take over the administration of the Japan ASEAN Women Empowerment Fund (JAWEF). The migration of the fund has been completed. BlueOrchard’s JAWEF was launched in 2016 as the first fund of its kind investing through financial institutions in female…
Mainstream partners with Finomial for client onboarding
Finomial, a compliant client lifecycle management platform, is partnering with Mainstream Fund Services, a provider of full-service fund administration and part of Australia-based Mainstream Group. The partnership leverages technology to streamline the investor onboarding processes and enhance investor data security.
Derek Tsoi joins Intertrust in Hong Kong
Intertrust has appointed Derek Tsoi as commercial director, based in Hong Kong. He will be responsible for business development and client relationship management for fund services in the region. He was previously with Maples Fund Services.
SS&C hires Gautam Moorjani to lead intelligent automation solutions group
Gautam Moorjani has joined SS&C to lead its newly formed intelligent automation solutions group. He will report to Mike Sleightholme, senior vice president and general manager. The group will focus on helping clients with digital transformation using technologies such as workflow management, machine learning, natural language processing, and robotic process automation. He joins from PwC,…
Vistra bids AUD180.1m for Mainstream
Vistra, the Hong Kong-based administrator, has made an offer of AUD180.1m (USD139m) for Mainstream Group, an Australia-based administrator that has AuA of c. AUD210bn (USD162bn).
Crestbridge hires Andrea Lennon to head new funds business in Ireland
Crestbridge, the C.I.-based provider of private equity and real estate administration services, has opened an office in Ireland and has hired Andrea Lennon as head of funds, Ireland. Lennon joins from FundRock. Crestbridge is already authorised to provide corporate services in Ireland and aims to provide fund administration services shortly, subject to regulatory approval from…
PayPal agrees to acquire Curv
PayPal has agreed to acquire Curv to accelerate and expand its initiatives to support cryptocurrencies and digital assets. Curv is a provider of cloud-based infrastructure for digital asset custody and security, with headquarters in New York and an R&D centre in Israel. In 2020 Curv collaborated with BNP Paribas Securities Services on a proof of…
PPS Investments selects SS&C’s Sylvan performance platform
PPS Investments, a subsidiary of the Professional Provident Society in South Africa, has chosen SS&C’s Sylvan platform for global performance measurement and attribution . The platform will support USD2.74bn AuM across PPS Investments’ business.
Aztec supports EUR800m Norvestor PE fund
Aztec Group has supported Norvestor with the fundraising activities and the EUR800m final close of its latest fund, Norvestor VIII. Norvestor is a Nordic private equity firm. Aztec will provide ongoing administration and accounting services from its Guernsey and Luxembourg offices.