Langham Hall has supported Coniston Capital, a UK-based private equity investor, with the launch of its maiden fund, Coniston Capital I LP, which has initially closed at GBP24m (USD33m). Langham Hall has been appointed to provide administration and accounting services from its London office.
Category: Mandates
Putnam appoints State Street for new actively managed ETFs
Putnam Investments, which recently listed four actively managed, semi-transparent ETFs on NYSE, has appointed State Street as its service provider. Putnam leverages a proxy-based actively managed ETF model for the funds. State Street currently provides back-office work, specifically accounting and custody services, to the Boston-based investment management firm, which has USD200bn AuM.
HomeCo appoints Equity Trustees as custodian for AUD650m REIT
Home Consortium has announced plans to list its new healthcare focused REIT, HealthCo Healthcare and Wellness REIT, on the ASX after raising AUD650m (USD477m). Equity Trustees has been appointed as custodian for the listed fund and currently acts as custodian for the HomeCo Daily Needs REIT.
Ocorian supports GBP180m Seraphim Space Investment Trust
Ocorian, the C.I.-based administrator, has supported the GBP180m (USD250m) initial public offering of Seraphim Space Investment Trust plc on the main market of the London Stock Exchange. The trust is a closed-ended investment company and will invest in a diversified international portfolio of early and growth stage space technology businesses. Ocorian’s UK team is providing…
U.S. Marshals switch to Anchorage for crypto asset custody
In what appears to be change of heart, the U.S. Marshals Service (USMS), a part of the Department of Justice, is using Anchorage Digital for the custody of seized digital assets. Anchorage Digital said that it will also provide “accounting, customer management, audit compliance, managing blockchain forks, wallet creation, transformation of token assets into coin…
CACEIS to service first SIS in Italy
CACEIS has been selected by Fondazione Golinelli, Fondazione di Sardegna and Antonio Falcone as custodian and fund administrator for the Utopia project, the first simple investment company (SIS) to commence activity in Italy.
Hill Country appoints Arcesium/J.P. Morgan
Hill Country Asset Management, a U.S.-based alternatives manager, has appointed Arcesium LLC, a financial technology and professional services firm, to deploy Arcesium’s joint offering with J.P. Morgan’s Securities Services. Arcesium will provide technology and services for enterprise data management, internal books and records, reconciliation, and treasury workflows, and J.P. Morgan will act as Hill Country’s…
GSAM appoints Enfusion for AIMS business
Goldman Sachs Asset Management’s alternative investments & manager selection business (AIMS), has appointed Enfusion, a U.S.-based fintech focused on the investment management sector, to provide investment management technology solutions and middle- and back-office managed services. Enfusion created a customised solution via API so that AIMS can import data into the Enfusion platform in real-time, providing…
CIBC Mellon to support first JSPP in Ontario
CIBC Mellon has been selected to provide asset servicing, investment operations and plan member services for the University Pension Plan Ontario (UPP), including custody, institutional accounting, performance and analytics, risk, compliance and pension benefit payment services. UPP is a jointly sponsored pension plan (JSPP) designed to help bring enhanced retirement security to current and future…
Integral appoints Apex for new PE fund
Integral Group, a Japanese private equity manager, has appointed Apex to provide fund administration and regulatory services to its Fund IV Cayman LP, which held its final closing at its hard cap of JPY123.8bn (USD1.1bn).