Alter Domus, the Luxembourg-based provider of integrated solutions for the alternative investment industry, has hired Vincent Georgel O’Reilly as head of financial institutions strategic partnerships. Based in Luxembourg, hewill report to Alter Domus’ CEO, Doug Hart, and will become a member of Alter Domus’ group executive board. In his new role, O’Reilly will lead the…
Category: Offshore
Aztec appoints new chair
The Aztec Group, the C.I.-based administrator, has announced a new chair, as Patrick Gale steps down from the group board at the end of the current financial year, after five years in the role. He will be succeeded by his fellow board member Kathryn Purves, who has been a non-executive director since 2020.
Highvern hires new COO
Highvern, the C.I.-based administrator, has appointed Anna Malorey as chief operating officer. Based in Jersey, she will initially co-ordinate the implementation phase of Highvern’s recent acquisitions and new office openings as the group continues to grow and expand into a number of new jurisdictions. She joins from R&H Trust Co in Jersey, where she was…
BP2S to deploy Next Gate tech
BNP Paribas Securities Services and Next Gate Tech have reached an agreement through which BP2S will deploy Next Gate Tech’s data management and NAV oversight technology to support its depositary bank operations, initially in Luxembourg. Next Gate is a Luxembourg-based fintech which recently hired Eduardo Gramuglia, formerly head of State Street in Luxembourg, as its…
Vistra to implement Depowise solution
Vistra, the Singapore-based provider of fund administration and corporate services, has established a partnership with Depowise to adopt its depositary solution. Depowise is a European-based provider of regtech solutions. The new partnership allows Vistra to transform and digitise depositary business processes. Depowise will be rolled out across Vistra’s European depositary operations in the UK and…
Carne wins USD32.5bn ManCo mandate
Russell Investments has appointed Carne Group as third-party management company for 11 Russell umbrella funds, covering USD32.5bn AuM across 76 active sub-funds, said to be the world’s largest ManCo outsourcing deal to date, as measured by AuM. The funds are domiciled in Ireland and distributed globally. Russell Investments is a U.S.-based provider of investment solutions…
Centaur hires in Luxembourg
Centaur Fund Services, the Ireland-based administrator, has appointed Kevin McFadden as head of investor services, Luxembourg. He will report to Centaur’s CEO of Luxembourg, Antonio Frias, leading a team responsible for maintaining relationships with investors and analysts, and providing them with specialist accounting, investor relations, customised reporting and day-to-day management of their funds. He joins…
Ocorian expands with eFront
Ocorian, the C.I.-based administrator, has selected BlackRock’s eFront for its global funds administration platform Ocorian has a long-standing relationship with eFront and will add new capabilities such as fund administration, investor services, AIFM and depositary-lite services. In addition to using eFront for its central administration and transfer agency support, Ocorian will leverage the platform for…
Elevar appoints SS&C GlobeOp
Elevar Equity, an emerging markets-focused venture capital firm, has appointed SS&C GlobeOp as its fund administrator. The Cayman Island-based venture capital firm has a range of funds domiciled in the Cayman Islands, Canada, Mauritius and India. SS&C’s India-based team will support the business.
Saltgate hires new head of depositary
Saltgate, the C.I.-based alternatives administrator with c. USD100bn AuA, has named Jean-François (Jeff) Flamant as its head of depositary. He joins from TMF Group, where he was head of depositary services.