Aztec has supported Hollyport Capital on the final close of Hollyport Secondary Opportunities IX, which raised USD4.5bn. Aztec delivered an integrated service across Jersey and Luxembourg, including AML onboarding across multiple jurisdictions, depositary and AIFM services, and investor transaction support. Hollyport operates in the private equity secondaries market, with nine funds raised since 2006 and…
Category: Independents
Alchelyst and Lyra complete merger
Alchelyst and Lyra Client Solutions have completed their merger. The combined company, backed by Motive Partners and anchor client Apollo, will be led by Joan Kehoe, founder and CEO of Alchelyst, and will operate under the Alchelyst name.
Suntera appoints Crown Dependencies head
Suntera Global, the C.I.-based administrator, has appointed Mark Reynolds as regional head of Crown Dependencies, a newly created role aimed at supporting further growth across Jersey, Guernsey, and Isle of Man. The new leadership role follows the completion of the majority equity investment in Suntera by Valeas Capital Partners earlier this year. He will continue…
Ultimus supports Sardis fund launch
Ultimus has supported the launch of Sardis Group’s inaugural interval fund and separate account business. Established in 2024, Sardis engaged Ultimus to provide an operational framework in preparation for the fund’s debut. The firm leveraged Ultimus’ Gateway platform, an operating solution that streamlines the process of bringing registered alternative funds to market. Sardis also tapped…
Equity Trustees wins River Capital mandate
Equity Trustees has been appointed responsible entity (trustee) for the new River Capital High Conviction Fund. Founded over 30 years ago, River Capital is a boutique investment manager specialising in Australian and New Zealand equities.
Aztec hires CTO
Aztec Group, the C.I.-based provider of private markets services, has appointed Jason Adams as chief technology officer. He was previously CTO at Charles River Development, a State Street company.
Waystone partners with Allfunds
Waystone, the Europe-based provider of specialist services to the global asset management industry, has formed a partnership with Allfunds, the global wealth management platform, for ManCo services in Luxembourg and Ireland. Under the agreement, Waystone will assume ManCo responsibilities for Allfunds’ existing Luxembourg and Ireland-based investment vehicles, with current Allfunds ManCo clients transitioning to Waystone’s…
Apex opens in Qatar
Apex has opened an office in Qatar. Emad Khan has been appointed senior executive officer and country head for Qatar.
Bain appoints Alter Domus
Bain Capital Credit has appointed Alter Domus to provide CLO middle- and back-office services and bank loan settlement services for its global liquid and structured credit portfolios valued at more than USD30bn. Under the mandate, Alter Domus will deliver middle and back-office solutions, including loan administration and loan trade settlement for Bain Capital Credit’s portfolios.…
Centralis acquires in U.S.
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…