Altum Group, a C.I.-based provider of fund, corporate, and family office solutions, has assisted HackCapital with the launch of its securitisation platform in Luxembourg. HackCapital is building an impact-investment marketplace that provides access to venture capital and accelerates investment into food, climate and health solutions globally.
Category: Mandates
SGSS supports EIB DLT bond issue
The European Investment Bank (EIB) has launched Project Venus, its second euro-denominated digitally native bond issue and the first using private blockchain technology. The EUR100m two-year bond was issued, recorded and settled using private blockchain-based technology, and represents the inaugural issuance on Goldman Sachs’ tokenisation platform – GS DAP. Banque de France and the Banque…
Jupiter expands SS&C mandate
Jupiter Asset Management, the UK-based investment management group with GBP47bn (USD57bn) AuM, has extended its transfer agency contract with SS&C. SS&C provides TA services to Jupiter’s unit trusts and has now taken on Jupiter’s OEIC fund range, acquired in 2020 as part of its Merian Global Investors acquisition. The value of funds administered by SS&C…
Generali RE deploys Fenergo
Generali Real Estate, the real estate asset manager that is part of the Italy-based Generali Group, has selected Fenergo, the provider of KYC and CLM solutions for financial institutions, for its SaaS-based CLM solution to address new EU regulations and enhance client onboarding experiences. Generali Real Estate, which has c. EUR38bn (USD40bn) AuM, will deploy…
Morphosis appoints Apex for new VC fund
Morphosis Venture Capital Limited has appointed Apex to provide fund services to Alicorn India Fund 1 LP. Morphosis, which is regulated by the Dubai Financial Services Authority, is a venture capital firm and accelerator, investing in early-stage tech-first start-ups. Alicorn India Fund 1 LP is a USD100m fund focused on India, with an emphasis on…
AB Capital selects SS&C Aloha
AB Capital Group, a Philippines-based financial services provider, has selected the SS&C Aloha platform to help launch and grow its new private wealth business and replace the legacy system supporting its trust division. Cloud-native SS&C Aloha will deliver front, middle and back-office functions, including IBOR, ABOR, performance and risk, client reporting, billing and compliance. AB…
Participant Capital appoints Apex
Apex has been appointed by Participant Capital Advisors, LLC, a U.S.-based real estate investment firm, to provide fund and financial services. Participant is the affiliated asset management arm of Royal Palm Companies, which has developed more than 50 large-scale, mixed-use projects over 40 years. Apex will provide fund administration services to Participant Capital’s Luxembourg domiciled…
Accelerate adds NFTs to Tetra mandate
Accelerate Financial Technologies Inc., a Canadian alternative investment solution provider, has acquired five non-fungible tokens for its Accelerate NFT Fund. The fund’s NFTs and cryptocurrency are held in custody with Tetra Trust Company, Canada’s first qualified custodian for cryptocurrency and digital assets. Tetra Trust is currently partnering with Ledger Enterprise to deliver a secure information…
Harvest appoints State Street for CNY hedging
State Street has been appointed by China’s Harvest Fund Management Co Ltd. to provide onshore CNY FX hedging services for their Qualified Domestic Institutional Investor (QDII) investment funds. State Street has a long-term partnership with Harvest, having provided the firm with a range of investment services since 2010. State Street provides onshore CNY FX liquidity…
Blue Collective expands with Apex
Blue Collective, a U.S.-based venture capital manager with USD130m AuM, has expanded its relationship with Apex to include fund administration. Blue Collective was previously a tax compliance and planning client of FTS, a tax services provider in which Apex took a majority stake in 2022.