Accelex, a UK-based SaaS platform delivering alternative investment data management services, has been appointed by Star Mountain Capital, a lower middle-market investment firm. Star Mountain plans to use the Accelex platform to process long-form performance reports for both its invested fund portfolio as well as secondaries pre-deal opportunities. Star Mountain Capital provides strategic debt and…
Category: Mandates
BlackRock selects Coinbase for crypto
Coinbase has been selected by BlackRock to provide institutional clients of Aladdin, BlackRock’s end-to-end investment management platform, with direct access to crypto, starting with Bitcoin, through connectivity with Coinbase Prime. Coinbase Prime will provide crypto trading, custody, prime brokerage, and reporting capabilities to Aladdin’s institutional clients who are also clients of Coinbase. Built for institutions,…
FNZ mandates BP2S across Europe
BNP Paribas Securities Services has been mandated by FNZ, the global wealth management platform provider, for global custody, asset servicing and transactional services across Germany and other European markets. As part of this mandate, FNZ will deploy BP2S’s broker-to-custody service, which offers integration between the bank’s execution and custody services. BP2S will also provide FNZ…
SS&C wins wealth management mandate in Asia
CGS-CIMB has chosen SS&C’s Global Wealth Platform (GWP) to provide end-to-end capabilities and SS&C’s Vision FI to provide reporting and client statements for its new wealth management venture. CGS-CIMB has rolled out GWP to service its clients requiring discretionary portfolio management in Singapore and Malaysia. CGS-CIMB provides financial services to more than 2,600 institutional clients…
FundRock wins new ManCo mandate
FundRock Management Company, a Luxembourg-based third-party UCITS ManCo and AIFM which is owned by Apex, has been appointed by natural resources investor Goehring & Rozencwajg to provide ManCo and distribution services. FundRock will provide Goehring & Rozencwajg with ManCo services via its Irish UCITS platform, together with active distribution throughout the EU and Switzerland, delivered…
SGSS Ireland wins two Amundi mandates
Société Générale Securities Services has been mandated by Amundi Ireland as securities services provider for two ICAVs. SGSS Ireland will provide a full suite of asset servicing solutions in its capacity as depositary, fund administrator and transfer agent for the two ICAVs: Amundi Funds Solutions ICAV is used to manage in-house funds that are dedicated…
Aztec supports USD300m food fund
Aztec Group, the C.I.-based administrator, has supported UK-based Synthesis Capital LLP with the fundraising activities and final close of its first fund, Synthesis Capital Fund I. Aztec supported the establishment and investor onboarding of the fund and will continue to provide ongoing administration and accounting services from its Guernsey office. Raising over USD300m, the fund…
CGI & IGM partner on TA upgrade
CGI and IGM Financial Inc. have signed a strategic agreement to deliver the next generation of mutual fund transfer agency platforms in Canada. The IGM and CGI partnership will focus on integrating two mutual fund record keeping solutions into a single, modern platform. It will include CGI taking responsibility for the overall modernisation of the…
State Street wins AUD1bn PE mandate
State Street has been appointed by Australia-based Mercury Capital as fund administrator for the Mercury Capital Fund twenty2. The AUD1bn (USD690m) fund completed its fund raising and closed on June 30 to launch what is Mercury Capital’s fourth private equity fund since its inception. Mercury Capital Fund twenty2 will focus on mid-market private equity transactions…
LGT CP expands relationship with Accelex
Accelex, a UK-based SaaS platform for alternative investment data management, has expanded its collaboration with LGT Capital Partners to support the processing of a new document category: fund financial statements. Accelex will provide support to LGT CP to automatically extract financial and non-financial metrics from these documents, supporting a range of additional investment use cases…