Sabrina Li has joined TMF Group, the Netherlands-based professional services firm, to lead its fund administration business in China and Taiwan. Li joins from State Street.
Category: Independents
Ocorian hires Ben Hill as Guernsey MD
Ocorian, the C.I.-based administrator, has appointed Ben Hill as managing director of its Guernsey office. He joins from Northern Trust, where he was managing director of the firm’s fiduciary business in Guernsey.
SHUAA Capital appoints Apex to support new GCC fund
Apex has been appointed to provide fund administration to the USD200m Financing Opportunities Fund of SHUAA Capital psc, an asset management and investment banking platform based in the UAE. Apex will deliver services including financial reporting, investor communication, capital transactions and accounting support. SHUAA has USD13bn in AuM.
Ultimus supports innovative PE interval fund for Primark
Ultimus Fund Solutions has supported the launch of Primark Private Equity Investments Fund, an interval fund that focuses on private equity and gives non-accredited retail investors access to private equity market investment opportunities. The fund was launched by Primark Capital through a Delaware statutory trust. Ultimus facilitated the fund launch and provides daily administration, accounting…
21Shares appoints Sudrania for ETP support
21Shares, a Swiss asset management firm, has selected Sudrania Fund Services to provide fund and portfolio accounting services for its digital asset ETPs products on the SIX Swiss Exchange. Sudrania will provide daily NAVs as well as reporting and data management.
MJ Hudson to acquire Bridge Group in Ireland
MJ Hudson, the UK-based asset management consultancy, has acquired Bridge Group, a funds service provider based in Ireland, subject to Irish regulatory approval. The acquisition will build on MJ Hudson’s specialist funds operations in UK, Luxembourg and Guernsey. Bridge Group is a Dublin-based provider of specialist support services to the funds sector. IT offers regulatory…
Ocorian hires Jason Gerlis as Americas regional head
Ocorian, the C.I.-based administrator, has hired Jason Gerlis as regional head of Americas, based in the U.S. He joins from TMF, where he was global head of consultancy solutions.
Gen II hires Bob Caporale as head of strategic business development
Gen II Fund Services, a U.S.-based independent private equity fund administrator, has hired Bob Caporale as head of strategic business development, focusing on developing strategic client partnerships and acquisition opportunities. Most recently, Caporale was CEO of Exchangelodge, a software company that provides data solutions to the alternative investment industry. He also spent 12 years at…
Aztec supports Nordic Capital’s EUR6.1bn Fund X
Aztec Group, the C.I.-based administrator, has supported Nordic Capital with the fundraising activities and final close of Nordic Capital Fund X. Raising EUR6.1bn (USD7.2bn) at final close, Fund X is the largest fund that Nordic Capital has raised. The fund, launched in April 2020, was oversubscribed at its hard cap, and was raised in less…
Ultimus launches digital portal for distribution
Ultimus Fund Solutions has launched uTRANSACT, a digital portal that provides real-time information and account access for both shareholders and advisers. Developed as part of Ultimus’ uSUITE technology applications, uTRANSACT is offered as part of the firm’s shareholder services and transfer agent offerings. It allows multiple levels of user access, including shareholder, broker firm, broker…