Apex has completed its acquisition of the fund services and third-party ManCo business operations of Maitland International Holdings plc, the South Africa-based fund services provider. Maitland provides services for 120 direct investment managers and 25 fund sponsors, with >USD200bn AuA and USD17bn AuM. Maitland’s 570 employees will join the group, expanding Apex’s existing presence in…
Category: Offshore
HIGHVERN appoints INED for Ireland
HIGHVERN, the C.I.-based administrator, has appointed Colm Clifford as an Irish Independent Non-Executive Director. He will join the board as an INED and chair, alongside Ireland country head, Philip Dempsey, and fellow directors Emma Keane and Adrian Bailie. Clifford is a former KPMG audit partner, holding various senior leadership roles specialising in financial services.
Altum appoints CRO
Altum Group, a C.I.-based provider of fund, corporate, and family office solutions, has appointed John Everett as group chief risk officer. He was previously group chief risk officer at Equiom, and has also worked at the Jersey Financial Services Commission.
Beechbrook taps RBS for new Lux fund
RBS International Depositary Services has been appointed as depositary for Beechbrook Capital’s new Luxembourg fund, Beechbrook Private Debt IV Senior SCSp. The appointment builds on the institutional banking provider’s relationship with Beechbrook Capital, following NatWest Trustee and Depositary Services securing the depositary role for Beechbrook’s UK SME Credit III fund earlier in 2022. Beechbrook Capital…
HIGHVERN appoints CTO
HIGHVERN, the C.I.-based private wealth, fund and corporate administration provider, has appointed Tim McBain as group head of technology. He will oversee the implementation and integration of technology across the group’s offices, located in Cayman Islands, Guernsey, Ireland, Jersey, Switzerland the UK. McBain joins from Saltgate.
Ocorian appoints co-heads of global funds
Ocorian, the C.I.-based provider of services to financial institutions, asset managers, corporates, high net worth individuals, and family offices, has appointed Ben Hill and Yegor Lanovenko as co-heads of global funds Hill will focus on Ocorian’s fund clients and Lanovenko will concentrate on the fund services product and operating model. Hill is currently MD of…
IQ-EQ acquires Laven Compliance
IQ-EQ, the Luxembourg-based fund services provider, has acquired Laven Compliance Limited, formerly part of Laven Group. Laven Compliance is a UK and U.S.-based provider of regulatory compliance, regulatory application support and operational due diligence, servicing financial services clients. The acquisition does not involve any other part of the Laven Group.
Apex hires Cayman country head
Apex has appointed Anne Storie as country head for the Cayman Islands. She has previously worked at Waystone/DMS.
U.S. Bank promotes Breda Sullivan
U.S. Bank has given Breda Sullivan an expanded role as head of depositary, custody and banking for its European investment services business. Sullivan has been with U.S. Bank since 2017, and was previously head of depositary services in Europe. Her promotion follows the recent appointment of Didier Delvaux as head of global fund services for…
Maples hires fiduciary head for Lux
The Maples Group has appointed Jorge Pérez Lozano as head of fiduciary services in Luxembourg. He joins from Amicorp, where he was COO. Regulated by the CSSF, the group’s Luxembourg office provides fiduciary, fund and entity formation and management services to a range of Luxembourg vehicles and clients, including corporations, banks, and structured finance arrangers,…