Citi has been appointed by Income Partners Asset Management (HK) Limited to act as fund services provider, including transfer agency, for their first northbound fund under the Hong Kong-China Mutual Recognition of Funds (MRF) scheme. The Income Partners Managed Volatility High Yield Bond Fund, an existing SFC-authorised fund, is being made available to eligible mainland…
Category: Mandates
REQ appoints RBC for Irish ICAV admin
REQ AS, a Norwegian asset manager, has selected RBC Investor Services as the service provider for its Irish UCITS ICAV. RBC will provide administration, depositary, custody and middle office services.
Waystone appointed as manager for new Leucadia fund
Leucadia Asset Management has launched the Solanas ESG Sustainability UCITS Fund, a UCITS version of the Solanas ESG Sustainability Fund, which pursues a strategy focused on ESG. The manager of the fund is Waystone Fund Management (IE) Ltd., a company regulated by the Central Bank of Ireland. LAM is a wholly-owned subsidiary of Jefferies Financial…
Aztec supports Endeavour Vision’s USD375m fund
Aztec, the C.I.-based administrator, has supported Endeavour Vision with the fundraising and final close of its latest fund, Endeavour Medtech Growth II LP, which closed with commitments of USD375m. Aztec will continue to provide administration and accounting services to the fund and its investment structures from its Guernsey office.
American Venture Partners appoints Apex
Apex has been appointed by American Ventures Partners, a commercial real estate investment company, to provide fund administration, tax compliance and related corporate services. American Ventures recently launched the American Ventures Strategic Property Fund with a target capital raise of USD1bn to invest in distressed U.S. commercial real estate.
SS&C to administer new PE FoF for Claymore
Claymore Capital Partners, a U.S.-based investment advisor, has selected SS&C as the administrator for its new private equity fund-of-funds, Claymore Capital Partners Fund I. Services include fund accounting, investor services, reporting and analytics.
Brock U appoints CIBC Mellon
CIBC Mellon has been selected by Brock University to provide custody, institutional accounting and pension benefit payment services to the Brock University Pension Plan, as well as access to data and investment information. Brock University sponsors a hybrid pension plan, which contains both defined contribution and defined benefit components. Josh Tonnos, Brock University’s chief financial…
CACEIS wins French PA mandate
CACEIS has been selected to provide asset services for the funds of Épopée Gestion, a French fund manager specialising in private equity and real estate investment. The mandate covers custody, transfer agency, middle office and fund administration services.
ERShares transfers mutual funds & ETFs to Ultimus
Ultimus Fund Solutions, a U.S.-based provider of fund administration, accounting, and investor solutions, has been selected by U.S.-based ERShares to provide administration services for three mutual funds and two ETFs. Ultimus is providing fund administration, fund accounting, distribution and transfer agency services for the mutual funds and ETFs, which transitioned to Ultimus in Q4 2020…
True Potential appoints HSBC as administrator
HSBC has been appointed as third-party administrator by True Potential LLP for all of the 34 UK-authorised funds offered on the firm’s in-house platform, which has GBP17bn AuM. The new mandate will see HSBC provide depositary, global custody, fund accounting and transfer agency services to these funds.