FundRock, the Luxembourg-based administrator, has appointed Simon Gunson as managing director of its UK entity, FundRock Partners Ltd. He joins from Citi.
Category: Independents
Crestbridge granted fund admin licence in Luxembourg
Crestbridge, a C.I.-based administrator with USD120bn AuA, has been granted a fund administration licence in Luxembourg. The new licence enables Crestbridge to provide a broad range of fund administration services from Luxembourg, complementing its ManCo business.
NES to service new OZ fund for Synergy Financial
NES Financial, the Silicon Valley-based administrator, has been appointed to provide its Opportunity Zone fund administration solution to Synergy Financial, a real estate investment firm based in Boston.
Link Fund Solutions appoints Peter Sipek as COO
Link Fund Solutions, the Australia-based administrator, has appointed Peter Sipek as its chief operating officer. He joins from SAS Trustee Corporation.
David Felcyn joins Ultimus as director of TA tech
David Felcyn has joined Ultimus Fund Solutions as the director of transfer agent technology. Felcyn will be responsible for the core TA technology and primary oversight of the Envision relationship, which is the technology that Ultimus uses for TA activity. Felcyn previously worked for U.S. Bank Global Fund Services, most recently as head of dealer…
Lemanik selected by E Fund HK as ManCo for Lux SICAV
E Fund Management (Hong Kong) Co., Limited has selected Lemanik Asset Management S.A. as the management company for its Luxembourg SICAV. The fund was launched in 2015. E Fund, the parent company of E Fund HK, was founded in 2001 and is headquartered in Guangzhou.
Atwater Capital appoints Socium as administrator
Socium Fund Services, a U.S.-based administrator focused on private capital, has been hired by Atwater Capital, LLC, a private investment firm that provides equity capital and debt financing in the media and entertainment sectors. Socium will provide operational and fund administration services.
TIG Advisors selects SS&C Geneva for portfolio accounting
Tiedemann Investment Group (TIG Advisors), a U.S.-based alternative investment advisor, has selected SS&C Geneva for portfolio accounting. TIG Advisors is also using SS&C Eze OMS for order management and compliance.
U.S. Bancorp to sell Quasar Distributors to Foreside
Foreside Financial Group, LLC, the U.S.-based provider of regulatory and compliance service and technology offerings to clients in the global asset and wealth management industry, intends to acquire U.S. Bancorp’s mutual fund and exchange-traded funds distribution business, Quasar Distributors. The transaction is expected to close in the first quarter of 2020. The acquisition will also…
Intertrust appoints Michael Moncarz to head Asia Pacific ops
Intertrust has appointed Michael Moncarz as managing director, operations for Asia Pacific, a newly created role. Prior to joining Intertrust, he was chief operating officer, Singapore branch, at Union Bancaire Privee.