Fund administration
18 March 2024
5 minutes with… Will Roxburgh, Khepri
The managing partner talks MJ Hudson management buyout origins, the market consolidation in fund administration and its consequences for the rise of boutique firms
12 March 2024
European Commission rejects ESMA’s ELTIF 2.0 draft RTS
Liquidity mechanisms have been revised to make it easier to set up evergreen funds and to better attract individual investors to private markets, but the proposals still divide the investment community
12 March 2024
Khepri snaps up two
Fund admin concludes two acquisitions in order to enhance its corporate accounting and company secretarial lines
12 March 2024
Apex appoints head of financial crime
Mark Le Page joins the fund admin from EY where he was extended assurance director
11 March 2024
SimCorp and State Street expand partnership in Germany
Collaboration to support State Street’s accounting, fund admin and data processing services in the local market
8 March 2024
Socium Fund Services partners with GRMA
Regulatory reporting software to be incorporated into US fund administrator’s compliance reporting platform
5 March 2024
Cinven invests in Alter Domus
GP to acquire half of the founders’ and Permira’s stakes in the fund admin; aims to grow company in key markets and customer verticals
1 March 2024
Amicorp FS launches LP onboarding platform
The cloud-based system AMI-GO enhances the document verification process
29 February 2024
5 minutes with… Joanne McEnteggart, IQ-EQ
The global head of debt, capital markets and corporate at IQ-EQ talks about private debt challenges, prioritising talent and Ireland’s prospects as a fund domicile
29 February 2024
Tyrannosaurus Regs?
How are global regulators scrutinising AML procedures and is that oversight increasing?
26 February 2024
ELTIF 2.0 – A case study
How Moonfare provides liquidity to its investors via an auction process instead of redemptions
26 February 2024
Alter Domus forms herd with T-Rex
Partnership to automate EU regulatory reporting for US-based credit firms
20 February 2024
Vistra appoints global head of funds
State Street’s Abdel Hmitti assumes the role and is set to relocate to the US
20 February 2024
LemonEdge partners with ROYC
The partnership aims to enhance ROYC’s management of closed-, open-ended and hybrid funds
15 February 2024
Seven out of 10 fund managers received AML fines in last two years
Ocorian’s latest survey finds alternative investment firms concerned about increasing AML risks
14 February 2024
5 minutes with… Matias Collan, CEO and managing director of ACE Alternatives
The founder of the German-based tech-focused fund admin business discusses the firm’s approach to addressing industry pain points
12 February 2024
Carta and Merge combine
The partnership aims to enhance equity management processes
8 February 2024
ESG: The fund-of-funds perspective
Once removed from the underlying portfolio, this type of LP is focused on private equity’s journey rather than instant compliance
7 February 2024
Palmer launches in Madrid
Fund administrator led by ex-Sanne execs expands its European presence
7 February 2024
Ocorian acquires Bovill
Fund administrator adds regulatory consultancy firm into its compliance offering
7 February 2024
ESG ratings providers to comply with transparency requirements
The European Commission and Parliament have reached a provisional agreement on how ESMA can supervise these entities
5 February 2024
Sweet sorrow
The alluring attraction of semi-liquid strategies brings with it a cautionary tale of liquidity (mis)management
2 February 2024
LISTEN: Top of the ops: Operational utopia
The Drawdown team tackles the concept of a PE firm that entirely outsources the investment function
1 February 2024
IQ-EQ partners with Artex
Partnership aims to assist GPs with risk management through non-traditional insurance instruments
31 January 2024
Fundcraft appoints head of fund operations
The digital platform provider has hired Peter Klinkner from IQ-EQ
31 January 2024
ATOZ Services swallows up Fund Solutions
Corporate and tax services provider aims to build out its fund admin capabilities
29 January 2024
Ocorian partners up
Recently announced partnerships include those with ESG reporting solution Treety and investor onboarding platform Goji
23 January 2024
Alchelyst partners with Goji
Fund admin adopts fintech technology to help digitalise investor onboarding
22 January 2024
The ops ‘n’ regs of wealth managers
Amid traditional LPs maxing out their allocations, PE looks to wealth managers to fill the gap – but they come with distinct requirements
18 January 2024
Apogem and OA close inaugural GP stakes fund at $1.1bn
RidgeLake Partners will target midmarket GPs with an AUM between $1bn and $10bn
17 January 2024
Gen II partners with Canoe
The collaboration aims to assist the fund administrator with automating fund document management
16 January 2024
Highvern expands to Guernsey
Company launches fund admin business after building out its private wealth expertise
15 January 2024
Ventura Fund Services launches fund admin
US-focused offering to service private equity, venture capital and credit
12 January 2024
Apex launches new ESG brand
Holtara is a combined effort from Apex and MJ Hudson, providing data, reporting and advisory services
11 January 2024
Deloitte acquires Alto Advisory
Lux-grown target company assists management companies and depositaries with fund oversight activities and regulatory functions
9 January 2024
Catalysing fund administration
Independent fund administrator Alchelyst emerges in Ireland and aims to differentiate itself through employee ownership, state-of-the-art tech and close-quarters service culture
8 January 2024
Waystone appoints CFO and CITSO
The fund admin welcomes Liliana Solomon and Ian Lilleby to its senior management team
4 January 2024
UK regulators consult on the operational resilience of critical third parties
FCA, PRA and Bank of England welcome feedback on the proposed framework deeming certain third-party organisations as ‘critical’, to reduce any associated systemic risks to the financial services industry
4 January 2024
Alter Domus launches ELTIF fund admin service
The added functionality supports the administration of private market open-ended funds and includes liquidity management support
2 January 2024
Q&A: Outsourcing utopia
Tim Harvey of Citco Fund Services (USA inc), explains how it is vital to build a real partnership with your fund admin
2 January 2024
Operational utopia
If operations professionals made all the decisions, what would the perfect PE firm look like?
22 December 2023
Got Your Back acquires Nordic Depositary Services
Fund administrator expands capabilities in real estate and infrastructure depositary services
21 December 2023
Apex engulfs Edmond de Rothschild’s asset servicing line
The acquisition of EdR’s Luxembourg PE fund admin division represents Apex’s latest takeover
20 December 2023
Postcards from Portugal: Keep your fund admins closer
In a final reflection from The Drawdown’s Operational Leaders Summit, we highlight views on nearshoring and the need to love your fund admin
18 December 2023
Apex invests in Tokeny
The fund administrator sees asset tokenisation as the future of private markets
15 December 2023
Vistra acquires Kroll’s Lux ManCo
Fund admin aims to support loan secondaries market through Kroll’s AIF and UCITS licences
14 December 2023
Waystone partners with Milestone Group
Collaboration sees implementation of latter’s NAV oversight tool into Waystone’s authorised corporate director business
14 December 2023
Passthrough partners with GP Fund Solutions
Collaboration aims to provide a streamlined investor onboarding process, thereby improving fundraising and subscription activities
13 December 2023
TMF partners with Broadridge
Partnership sees TMF adopt Broadrige’s private debt and CLO management solution as company looks at launching CLO administration offering next year
11 December 2023
Altum secures Irish TCSP licence
Gaining a presence in Ireland expands the fund administrator’s existing European presence
11 December 2023
The UK’s nice green labelling machine
Response to FCA’s SDR positive as regulatory arbitrage remains around applicability to overseas funds, portfolio management and practice of its highly anticipated anti-greenwashing rule
8 December 2023
Aztec takes bite out of Big Apple
Fund administrator continues US expansion with opening of New York office
5 December 2023
Carta expands to the Middle East
Fund administrator rolls out business with initial customers including Global Ventures, BECO Capital, Cotu Ventures and Outliers VC
4 December 2023
MUFG IS anchors in Malaysia
New office to provide full-service offering across fund accounting, administration and asset servicing
27 November 2023
Home game Sweden
A change in tax legislation and ethical considerations are leading Swedish PE firms to onshore their funds
27 November 2023
Profile: Martim Avillez, Limerston Capital
The COO and founding partner discusses setting up the firm’s operations, combining them with his investment duties and navigating difficult times