Alter Domus, the Luxembourg-based provider of fund and corporate services for the alternative investment industry, has agreed to acquire MSC Group in Australia to expand its global client offering with specialist private credit and alternative assets servicing around trusteeship, custody and fund administration, covering AUD43bn (USD31bn) AuA. The acquisition will add licensed trustee, custody, and…
Category: M&A
Suntera to acquire EAC
Suntera Global, the C.I.-headquartered provider of fund, corporate, and private wealth services, has agreed to acquire U.S.-based Experienced Advisory Consultants LLC (EAC), subject to completion conditions. EAC is a provider of outsourced solutions, ManCo, and operational support services to alternative investment managers across the U.S.
Suntera acquires in the UK
Suntera Global, the C.I.-based administrator, has acquired UK-based depositary services business, Marick Capital Limited. Marick Capital, a wholly owned subsidiary of Marick Real Estate, serves a range of UK real estate and venture capital clients, holds Financial Conduct Authority (FCA) permissions to act as an operator, sub-threshold alternative investment fund manager (AIFM) and depositary of…
SGSS sells retail custody business
Société Générale and Crédit Mutuel Arkéa have signed a Memorandum of Understanding for the divestment of Société Générale securities services’ custody account-keeping delegation activity dedicated to the French retail banking segment. This activity covers the management of securities transactions, interest and dividend payments, and the holding of positions in ordinary securities accounts (CTOs) and equity…
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.
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…
iCapital to acquire Passthrough
Passthrough, the fintech focused on the alts sector, is to be acquired by iCapital, the fintech platform for alternative investments.
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.
UI agrees to Swedish deal
Universal Investment Group has agreed with Advisense Group AB, the sole shareholder of FCG Fonder AB, for the acquisition of FCG Fonder AB by UI, subject to approval by Finansinspektionen, the Swedish regulatory authority. FCG Fonder is a Swedish provider of third-party ManCo and fund administration services with EUR4.6bn (USD5.4bn) AuA. The deal will add…
Apex lifts out in Australia
Apex has reached a lift-out agreement to onboard Mercer’s superannuation administration operations in Australia.