Mainstream, an Australian administrator, has been appointed as administrator and custodian to the AUD40m Emerging Markets Impact Investment Fund, a fund of funds sponsored by the Australian Department of Foreign Affairs and Trade, with Sarona Asset Management as manager and Perpetual as trustee.
Category: Mandates
Intertrust to service new infrastructure fund for Copenhagen Investment Partners
Intertrust, the Netherlands-based provider of fund and corporate services, has been appointed by Copenhagen Infrastructure Partners to provide financial, legal and depositary services, in both Luxembourg and Australia, for a new infrastructure fund. The fund, CI IV, reached a first close of EUR1.5bn, with a target fund size of EUR 5.5bn.
CACEIS to service new PE fund for C4 Ventures
CACEIS has been selected by C4 Ventures, a European venture capital firm, to provide custody, middle-office and administration services for its new fund, C4 Ventures II. Building on the success of its first fund, C4 Ventures II will continue to support fast-growing companies in three major themes: smart hardware, future of commerce, and digital media.…
JTC to service LBI acquisition for Brooks Macdonald Int’l
JTC, the C.I.-based administrator, has been appointed to provide fund administration and registrar services to Brooks Macdonald International following the latter’s announcement that it is to acquire the Channel Islands funds and wealth management business of Lloyds Bank International, subject to regulatory approval. JTC will be providing services to Brooks Macdonald’s newly acquired business through…
Saskatchewan’s PEBA appoints CIBC Mellon for custody & performance
CIBC Mellon has been chosen to provide global and domestic custody, institutional accounting and securities lending for the Public Employees Benefits Agency (PEBA). In addition, PEBA will use data and analytics solutions, including performance and compliance reporting, through BNY Mellon for two plans that PEBA administers: the Public Employees’ Pension Plan, a defined contribution pension…
NES to administer OZ for Four Points Funding in Colorado
NES Financial, the Silicon Valley administrator that was recently acquired by JTC, has contracted to provide its purpose-built opportunity zone fund administration solution to Four Points Funding LLC, an OZ fund manager and fund sponsor with real estate and operating business investment offerings throughout rural Colorado.
Ardian appoints Aztec to administer EUR19bn secondaries platform
Aztec Group, the C.I.-based administrator, has been selected by Ardian, the French private investment firm, to administer its eighth-generation secondaries platform, ASF VIII, said to be the world’s largest secondaries platform. ASF VIII attracted commitments totalling USD19bn from 275 investors in nearly 40 countries. Ardian, an Aztec client since 2013, has USD96bn AuM.
Alter Domus to administer Corten Capital’s EUR392m PE fund
Alter Domus in Guernsey has supported UK-based Corten Capital in reaching final closing of Corten Capital I, its first private equity fund, at EUR392m. Alter Domus will provide ongoing administration, reporting and regulatory services to the Corten Capital I structure.
INKA appoints HSBC for first German MO mandate
Internationale Kapitalanlagegesellschaft mbH (INKA) has appointed HSBC Securities Services as its middle-office provider, supporting trade management and settlement for its non-discretionary asset management business. This is the first middle-office mandate for HSBC in Germany.
Northern Trust appointed by Carpenters Trusts for USD2.2bn mandate
Northern Trust has been appointed by Carpenters Trusts of Western Washington, a Seattle-based self-administered Taft-Hartley trust, to provide global custody, securities lending, foreign exchange and related services for USD2.2bn in trust assets.