Category: Independents

Langham Hall, the UK-based administrator, has been appointed to provide administration and accounting services for the four deal structures of Farview Equity Partners from its Guernsey office. Langham Hall assisted Farview in transitioning structures from another administrator in 2022.

Waystone Management (UK) Ltd has implemented the pControl NAV oversight platform from Milestone Group, the Australia-based provider of oversight and backup NAV solutions that is owned by BNY Mellon. The platform provides a NAV oversight and validation tool across Waystone Management UK’s portfolio of ACD clients, which currently includes approximately 160 funds with GBP85bn (USD106bn)…

TMF Group, the Netherlands-based provider of compliance and administration services, has implemented Broadridge’s Sentry PM, a cloud-based private debt and CLO portfolio management solution. The platform will enable TMF to launch a new service offering for CLO administration, which it plans to bring to market in 2024.

A trio of industry veterans has launched a new administration service in Ireland. Alchelyst – which expects approval from the Central Bank of Ireland imminently – will focus on the alternatives sector, where the principals each have extensive experience. Joan Kehoe is CEO, Ian Lynch is chief commercial officer, and Brian Fitzgerald is COO. All…

Ultimus Fund Solutions, the independent provider of fund administration, accounting, and investor solutions, is the new service provider for the family of mutual funds advised by Hodges Capital Management. With Ultimus’ guidance, Hodges, an asset management firm with nearly USD1bn AuM, completed a multi-fund conversion, which included reorganisation of the funds from one series trust…

SmartStop Self Storage REIT, a self-storage company, has selected SS&C to provide transfer agency services for all of its sponsored REITs. SS&C will handle account owner recordkeeping, transactional activity, new investor onboarding and distribution. SmartStop is the largest public non-traded self-storage REIT in the U.S., with >USD2.9bn in assets.

Ultimus Fund Solutions, the U.S.based independent provider of fund administration services, has supported the launch of the Fuller & Thaler Behavioral Mid-Cap Equity mutual fund with longtime partner, Fuller & Thaler Asset Management. This will be Fuller & Thaler’s seventh mutual fund administered by Ultimus during their 10-year partnership.