HUB, the fund services provider in which State Street has a stake, has been appointed by Gresham House Ireland to provide HUB Performance Reporting, a SaaS solution designed to automate and simplify performance reporting and factsheet production. Gresham House Ireland, an alternative asset manager, will use HUB to automate performance reporting, standardise factsheet generation, and…
Category: Offshore
Senior management changes at IQ-EQ
IQ-EQ has promoted John Legrand to the role of deputy group CEO. He was previously regional CEO, UK, Ireland and Crown Dependencies, having joined IQ-EQ in 2020. It has also hired Richard Surrency as group CCO, based in London. He was previously APAC CEO for Aviva Investors. He replaces Emma Crabtree, who has left the…
Zedra hires group CFO
Zedra, the European administrator, has appointed Tony DeBiase as group CFO. Based in Jersey, C.I., he joins from The Davies Group, where he held the role of group CFO for 12 years.
Northern Trust expands relationship with First Sentier
Northern Trust has been appointed to provide asset servicing solutions to Igneo Infrastructure Partners as its global private capital administration partner. Igneo manages USD20bn of assets. It is the direct infrastructure investment team of the First Sentier Investors Group, a major Northern Trust client. Northern Trust will deliver solutions servicing Igneo’s funds domiciled in Australia,…
Ocorian hires from BNPP
Colm O’Brien has joined Ocorian as head of EMEA sales – funds. Prior to joining Ocorian, he was global head of sales, alternatives, for BNP Paribas’ securities services business.
Lee Marshall joins JTC
JTC,, a C.I.-based provider of professional services, has appointed of Lee Marshall as managing director of JTC luxembourg s.a.
Gen II hires head of depositary services
Gen II Fund Services LLC has appointed Massimo Bernacchia as its new head of depositary services in Luxembourg. He will be responsible for the leadership and development of depositary services in Europe. He joins Gen II from a global wealth manager where he was the head of the business’s safekeeping and cash monitoring team for…
Altum appoints head of Jersey
Altum Group, the UK-based provider of fund, corporate and family office solutions, has appointed Scott McClure as managing director for Jersey. He previously worked at a global fund administrator and held various leadership roles at a Big 4 professional services firm.
Praxis deploys Allvue
Praxis, a C.I.-based administrator, has selected Allvue as a platform provider for its fund administration business.
Maples supports Warba’s new fund
Maples Group has supported Warba Bank with launch of USD200m Islamic fund. Warba, a Kuwait-based bank with a track record in Islamic finance, has expanded its global investment product offering by establishing a Cayman Islands-based Shariah-compliant structure to allocate capital to its newly established Warba Islamic Income Fund with the assistance of Maples Group and…