FCA gets ready to scrub
Financial watchdog’s anti-greenwashing rule is effective from 31 May 2024; The Drawdown checks it to make sure PE ticks all boxes
10 May 2024
Petra Funds appoints chief of staff
Steven Antonson previously worked in-house at US VC firm Zero Infinity Partners as CFO and COO
10 May 2024
Linnovate receives $40m
Funding round was led by Singapore-based alternative investments firm SeaTown
9 May 2024
Guernsey Finance opens London office
The base in Petty France, Westminster aims to enhance the initiative’s attempt to promote its reputation as a fund domicile
9 May 2024
Ocorian adds FinCrim module to AML compliance tool
The addition is incorporated into the fund admin’s onboarding tool The Gateway
9 May 2024
NAV facility volumes up 30% since 2019
Research from Citco suggests minority of facilities used for fund distributions
9 May 2024
Partners Group launches first evergreen ELTIF
The fund offers gated monthly liquidity events to both retail and institutional investors
9 May 2024
TDR appoints head of compliance
Jon Wedgbury was previously head of compliance at USS Investment Management
8 May 2024
Daloopa closes on $18m in Series B
Total of $18m raised to go to product development and market expansion
8 May 2024
Central Bank of Ireland approves two fund admin licences
Fund admins TMF Group and Vistra are now able to service alternative funds in Ireland
7 May 2024
Corlytics snaps up Deloitte regtech platform
Following investment from Verdane, the company expands its geographic reach and augments service capabilities