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…
Category: Mandates
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).
AXA IM consolidates UK UCITS fund range with HSBC
AXA Investment Managers has appointed HSBC as sole global custodian and depositary for its UK UCITS fund range, covering 36 funds and GBP12.6bn (USD17.1bn) AuM. The AXA IM UK UCITS range consists of AXA IM Framlington Equities active funds, AXA IM Rosenberg Equities quantitative investment funds, as well as funds from AXA IM’s fixed income,…
L&G expands relationship with State Street
Legal & General Investment Management (LGIM) is extending its existing partnership with State Street by expanding its usage of Charles River technology and to deliver middle office servicing. LGIM says that the appointment of State Street, as well as the expansion of its use of Charles River technology across a number of its investment management…
Eurizon appoints SS&C for TA for new UK-based funds
Eurizon SLJ Capital, the UK-based asset manager of Italy’s Eurizon, has chosen SS&C to provide transfer agency and shareholder services for two new funds. With EUR61m at launch, Eurizon SLJ Bond Aggregate RMB Fund and the Eurizon SLJ Local Emerging Markets Debt Fund offer U.K. investors access to opportunities in China in both GBP and…