Alter Domus in Guernsey has supported UK-based Corten Capital in reaching final closing of Corten Capital I, its first private equity fund, at EUR392m. Alter Domus will provide ongoing administration, reporting and regulatory services to the Corten Capital I structure.
Category: Independents
Ocorian hires Nick Bland as head of UK client services
Ocorian, the C.I.-based administrator, has appointed Nick Bland as head of UK client services. Based in London, he will manage client service delivery to corporate and institutional clients, private clients, alternative investment funds and corporate trust clients. He joins from Deutsche Bank.
Aztec Group to administer two new VC funds for Lakestar
Aztec Group, the C.I.-based administrator, has supported the European venture capital specialist firm, Lakestar, with the closing of Lakestar III and Lakestar Growth I funds. Lakestar III closed with commitments of EUR252m, whilst Lakestar Growth I raised a total of EUR426m. Aztec’s private equity team in Guernsey will provide ongoing administration and accounting services.
REYL launches fund representation solutions in Switzerland
REYL & Cie, the Swiss bank, has expanded its asset services business line to offer Fund Representation Solutions. This complements the services already on offer for international fund managers by representing foreign collective investments for distribution in Switzerland. The new fund representation solutions team, with Philippe Steffen, head of operations, and Colin Vidal, head of…
Citco hires Connie Tirondola as head of real assets for North America
Citco Fund Services has appointed Connie Tirondola as head of real assets for North America. She reports to Barbara Flusk, head of real assets. Tirondola joins from CBRE. Prior to CBRE, she was global head of real estate fund accounting at BlackRock.
Aztec hires Eva Devine as head of depositary services in Lux
Aztec Group, the C.I.-based administrator, has appointed Eva Devine as head of depositary services in Luxembourg. She joins from European Depositary Bank, and has also worked at Deutsche Bank and BNY Mellon.
DBAG appoints Aztec to service new Guernsey-domiciled PE fund
Deutsche Beteiligungs (DBAG), a German private equity manager, has appointed Aztec Group, the C.I.-based administrator, to provide administration, accounting and investor services for its latest fund, domiciled in Guernsey with commitments of EUR1.1bn. Aztec will also act as the fund’s depositary from its UK office.
SANNE appoints Matthew Pykstra as head of SA ManCo
SANNE, a UK-based provider of alternative asset and corporate business services, has promoted Matthew Pykstra to director and head of its ManCo in South Africa. He takes over from Karlien de Bruin, who is transitioning to SANNE’s product development team with a focus on ESG. The ManCo has also appointed Leza Stinton to the role…
Aztec supports new fund for Redstone and SBI
Aztec Group, the C.I.-based administrator, has supported the launch of the Future Industry Ventures fund, a joint venture between Redstone and SBI Group. The fund aims to raise EUR200m. Aztec supported Redstone and SBI with the set-up and launch of the fund, and will continue to provide a range of administration and governance services from…
FundRock rolls out liquidity management tool
FundRock, the Luxembourg-based third-party ManCo and AIFM, has launched a new unbundled service to assist asset management firms with liquidity management. The service is available to EU and non- EU asset managers managing EU funds for which FundRock is not acting as ManCo/AIFM. Its launch comes as regulators prepare to implement new guidelines for liquidity…