WCM Investment Management, LLC, an independent asset management firm based in Laguna Beach, CA, with c. USD90 billion AuM, has appointed Ultimus LeverPoint Private Fund Solutions, the private assets arm of Ultimus Fund Solutions, to provide fund administration for a number of WCM’s private funds.
Category: Independents
Maples wins Korea fund mandate
The Maples Group has been appointed to provide fund administration services to the Cayman Islands-domiciled Align Partners Korea Fund. Gordian Capital, the Singapore-based investment manager of the fund, has appointed Seoul-headquartered alternative asset management firm Align Partners Capital Management, Inc. as the sub-investment manager. Maples’ Singapore-based team will provide the fund with services including fund…
CBI licenses Aztec in Ireland
Aztec Group, the alternatives administrator, has received licences from the Central Bank of Ireland to provide fund administration and depositary services, following its launch into the Irish market in 2023. Aztec Group administers >EUR600bn across the Channel Islands, Luxembourg, Ireland, the U.S., and UK. The Group specialises in alternative investments, administering over 450 funds covering…
Gen II upgrades Sensr
Gen II Fund Services, the U.S.-based independent private capital fund administrator, has launched Sensr® DataBridge, an addition to its Sensr product suite. Sensr® DataBridge offers a no-code solution, enabling users to integrate fund administration data with both in-house and third-party platforms.
Alter Domus appoints new CFO
Alter Domus has appointed Amaury Dauge as CFO, reporting to Doug Hart, Alter Domus CEO. He was previously CFO of Aircall and has also worked at Allfunds and Euronext.
ETC consolidates with Zodia
The ETC Group, a Germany-based digital asset ETP issuer, has formed a partnership with Zodia Custody, which will see a migration of assets from existing ETC Group products — including the recently launched ETC Group Ethereum Staking ETP (ET32) — to Zodia. In 2023 ETC appointed Komainu as custodian for its first index ETP and…
Apex goes live with DLT TA
Apex has become what it claims is the first transfer agent and fund service provider to administer regulated securities using blockchain as the book of record. This enables global private market funds to access a more diverse and significantly larger pool of qualified investors. In partnership with Hamilton Lane and Sygnum Bank, Apex created a…
Apex wins HK mandate
Uluwatu Limited has appointed Apex to provide fund administration services. Uluwatu is a Hong Kong-based investment firm which makes long-term equity investments in entrepreneur-led, publicly traded businesses across Asia. The firm focuses on investments across three principal sectors: digital economy, financial services, and consumer and lifestyle.
Ultimus partners with PennHaven
Ultimus Fund Solutions, a U.S.-based provider of middle office, fund administration, accounting, and investor solutions, has formed a partnership with PennHaven Brokerage Partners. The partnership enables Ultimus to offer asset managers outsourced trade execution and trading desk services through PennHaven, combined with Ultimus’ middle office services, including post-trade settlement, IBOR, performance and attribution reporting, and…
Perennial expands with SS&C
Perennial Partners, an Australian asset manager, has retained SS&C for unit registry services. SS&C will provide a range of services to Perennial’s investors across all fund types, including active ETFs, unlisted and dual-listed funds, and private equity. Previously, SS&C serviced unlisted and dual-listed funds for Perennial Partners. After a market evaluation process, Perennial expanded its…