Centralis Group, the Luxembourg-based alternative asset and corporate services provider, has acquired PINE Advisor Solutions, a U.S.-based provider of compliance, fund officer, and distribution services to asset managers. PINE acts as a distributor for >USD25bn in ETF assets and provides outsourced chief compliance officer and principal financial officer services for U.S. registered funds. PINE also…
Category: Independents
FundBank authorised by CBI
FundBank, the Luxembourg-based provider of treasury solutions for alts investors, has been authorised by the Central Bank of Ireland to open a branch in Dublin, Ireland.
JTC adds to commercial team
JTC has expanded its commercial office with the appointment of David Gilchrist as director. Based in London, he will focus on the expansion of its banking, treasury and investments offering into new markets. He will also help shape new initiatives such as JTC’s custody and insurance propositions.
Ocorian appoints co-CEOs
Ocorian, the C.I.-based administrator, has appointed Craig Buick and Yegor Lanovenko as co-chief executive officers, subject to regulatory approval. They replace Chantal Free, who joined in 2023. Buick joined Ocorian in 2024 as CFO and Lanovenko joined in 2021 and was most recently co-head of the fund services business.
Gen II upgrades waterfall solutions
Gen II has appointed Beverly Shealy as head of waterfall solutions. She was previously at J.P. Morgan. Gen II has signed a long-term licensing agreement with S7 Fund Ops, a provider of automated waterfall solutions for private capital funds.
Langham Hall appoints head of Lux
Langham Hall, the UK-based administrator, has appointed Elijah Kanevskiy as head of Luxembourg, He joins from Revantage Europe, a Blackstone Group portfolio company, where he was CFO.
Apex opens in Jakarta
Apex has opened an office in Jakarta, Indonesia,
Allspring expands with SS&C
Allspring Global Investments has expanded its transfer agency relationship with SS&C. Under the extended agreement, SS&C will provide investor servicing to Allspring’s institutional liquidity business, which manages USD228bn across five money market funds. SS&C will also manage regulatory compliance with Blue Sky state securities laws and support distribution across Allspring’s institutional liquidity portfolio.
Apex appoints chief strategy officer
Apex has appointed Jay Cipriano as chief strategy officer, a newly created role. He will report to Apex CEO, Peter Hughes. He joins from SEI, where he spent 28 years.
Arcesium acquires OMS provider
Arcesium has acquired Limina, a Stockholm-based portfolio and order management systems provider. The entire Limina team will join Arcesium. Limina CEO, Kristoffer Fürst will join Arcesium, reporting to Bryan Dougherty, president, product and technology.