The Maples Group has advised and supported ORIX Corporation, a Japanese financial services firm, on the launch of a USD2.5bn Japan-targeted private equity fund, in partnership with Qatar Investment Authority. This is the first time that ORIX has launched a fund with capital from an international third-party investor for domestic private equity investment in Japan.…
Category: Mandates
GPF appoints StanChart in Thailand
The Government Pension Fund (GPF) in Thailand has appointed Standard Chartered as its domestic custodian, responsible for the safekeeping of GPF’s domestic assets and sub-funds. Under the five-year mandate, the bank will provide services including asset safekeeping, settlement, corporate actions, cash management, and portfolio valuation. The domestic assets under custody are approximately THB1trn (USD31.7bn). GPF…
BBH wins HK ETF mandate
BBH has been appointed as custodian and administrator for a new ETF launched by ICBC UBS Asset Management (International) Company Limited (ICBCUBSI) in partnership with Krane Funds Advisors, LLC, domiciled in Hong Kong Brown Brothers Harriman Trustee Services (Hong Kong) Limited serves as trustee and registrar. The ICBC UBS KraneShares KWEB CSI China Internet ETF will…
Ultimus completes SCS fund conversion
Ultimus Fund Solutions has completed the final phase of a conversion of 49 hedge and private equity funds for SCS Financial to the Ultimus operating framework. SCS, a wealth and investment firm serving UHNW families with USD54bn AuM and advisement, initially partnered with Ultimus two years ago to design a new scalable operating model to…
U.S. Bank & Ultimus support new BDC
Monroe Capital LLC, a U.S.-based private credit asset manager with c. USD22bn AuM, has launched the Monroe Capital Enhanced Corporate Lending Fund, a perpetual-life, continuously offered, non-traded BDC designed to provide retail investors access to Monroe’s direct lending strategy. U.S. Bank Trust Company has been appointed as custodian for the securities, with Ultimus Fund Solutions…
Nasdaq partners with Citi
Nasdaq has selected Citi to provide Account Operator services across the Nordics and Euroclear Bank, enabling its integrated access to relevant financial market infrastructures.
IQ-EQ supports record-setting ILP
IQ-EQ has supported Aspirity Partners as administrator of its inaugural fund, Aspirity Partners I, which has reached its final close at >EUR875m (USD1bn). Aspirity Partners is a pan-European private equity firm focused on buyouts in financial and enterprise technology services. Its debut fund has been recognised as the largest first-time private equity fund ever launched…
Aztec supports new GHO fund
Aztec Group has supported Global Healthcare Opportunities (GHO), a European healthcare specialist private equity firm, on the final close of GHO Fund IV, raising over EUR2.5bn (USD2.9bn). This marks GHO’s largest fund to date and brings total AuM to c. EUR9bn (USD10.5bn). Aztec will provide ongoing administration, company secretarial, and accounting services.
Fineco appoints SGSS for ELTIF servicing
As Fineco Asset Management expands its product suite to offer alternative investment funds, it has appointed SGSS to provide fund administration, depositary and transfer agency services for its first private equity fund, domiciled in Ireland, as well as local transfer agency services in Italy. This new investment solution will be directed towards FinecoBank clients in…
Voss expands with SS&C
Voss Capital has selected SS&C GlobeOp as its fund administrator. The Texas-based fund manager focuses on value-oriented special situations. SS&C will provide a full range of fund services across two funds with USD375m AuM. SS&C will also service Voss Capital’s separately managed accounts. Voss Capital initially started on SS&C’s Eze Eclipse platform and then expanded…