Fund administration
12 April 2021
TMF Group buys Venture Back Office
VBO provides fund admin, investor services, as well as portfolio management solutions to PE, real assets, credit and emerging manager funds
12 April 2021
Agile fund management
The major advantage of setting up something fresh is having a clean slate with the ability to adopt the latest learnings and technologies. This is exactly what fund administrator Highvern did when it set up its processes and ways of working
8 April 2021
Sanne acquires STRAIT
STRAIT provides fund administration, financial oversight and regulatory compliance services for PE, FoF, SPVs, family offices, hedge funds and other investment vehicles
31 March 2021
Fund Administration: Technology & Innovation award winner: Citco
Head of PE Nikolaos Perros explains why having an internal tech team and proprietary solutions is so important
30 March 2021
MUFG IS launches ESG reporting tool
The reporting tool initially uses RepRisk data and MUFG IS plans to add further data sources
30 March 2021
Allvue partners with Got Your Back
The partnership provides fund accounting solutions for Got Your Back's alternative fund management clients
30 March 2021
Fund Administration: Over $50bn AUA award winner: Alter Domus
Head of PE Tim Toska discusses why he's not concerned about the company turning into a large, institutional fund admin
29 March 2021
Fund administration: Under $50bn AUA award winner: Highvern
Head of funds at Highvern Aidan O'Flanagan, explains why putting clients, technology and staff first is a subtle but important difference in the fund admin space and outlines how their systems have been designed to cater for today's requirements
25 March 2021
Domicile watch: March 2021
Key takeaways from the major PE domiciles: including Jersey's changes to its AML/CFT handbooks, Guernsey's review of its Green Fund accreditation and Ireland's Green Team network launch
22 March 2021
Column: Healthy competition
Riverside Europe COO Dörte Höppner, one of the judges for The Drawdown Awards, details the importance of good service and healthy competition when it comes to service providers
18 March 2021
IPES’ Gillson joins PraxisIFM’s board
The firm will announce a new chair in due course
18 March 2021
Rising Star of the Year award winner: Dawid Sawicki, Kennet Partners
The financial controller discusses winning the Rising Star award, stepping up to FC during the finance team's transition period and various processes, systems and the CFO forum he's implemented
17 March 2021
Mainspring partners with Aspida Group
The partnership aims to service Guernsey-domiciled private equity and venture capital funds
10 March 2021
Auxadi appoints five
Inflexion-backed Auxadi provides corporate services to private equity and real estate firms
9 March 2021
Former Apex trio launch Oakbridge Funds
The independent fund administrator is majority owned by investment firm ED Group
8 March 2021
Crestbridge opens Dublin office
The firm is currently authorised to provide corporate services in Ireland and is aiming to provide fund admin services soon
8 March 2021
And the winner is…
Entrants to The Drawdown's Awards were asked to demonstrate business growth, innovation and client satisfaction. While the winners were rewarded based on these metrics, what's clear from speaking to all of the successful groups is they all shared three additional commonalities
4 March 2021
Ocorian purchases Platinum Compliance
Deal follows the fund administrator's acquisition of Newgate Compliance in December 2020
4 March 2021
Deeper Perspective: The UK Funds Regime
Benjamin Lamping, founder of Reframe Capital asks: Are we at risk of missing a potential watershed moment for the UK funds industry, and a genuine post-Brexit opportunity?
2 March 2021
IQ-EQ targets fund services in Ireland
The firm received fund administrator authorisation from the Central Bank of Ireland in December
1 March 2021
Hawksford receives investment from STAR
The fresh capital will be used to support Hawksford’s acquisitive growth strategy
24 February 2021
Standish partners with Redwood Valuation
The partnership enables Redwood to offer Standish clients a wide array of valuation services in a streamlined, high quality and cost effective manner
18 February 2021
The ins and outs of outsourcing: An evaluation guide for selecting the right vendor
InCloudCounsel CEO of co-founder Troy Pospisil says firms must "ask the tough-but-important questions about the service provider’s team, products, and business"
16 February 2021
Cost of meeting LP data demands: $5.5bn
Intertrust's latest report found 64% of CFOs expect LPs to want daily/live updates on ESG, while 50% expect them to require frequent updates on operational service level agreements
15 February 2021
JTC acquires INDOS
INDOS provides depository, ESG and AML oversight services to the alternative funds sector
11 February 2021
Profile: Jasi Halai, 3i
The group financial controller & operating officer discusses working within the finance dept of a listed firm, leading system implementations and transformations as well as her role in the firm's committees
8 February 2021
GAAP in Lux
Avega Capital Management’s Nic Mueller discusses why the Grand Duchy’s new interpretation of accounting standards is important for private equity funds
4 February 2021
STRAIT partners with PFA
The partnership will develop STRAITView, a manager-facing dashboard solution that will sit on PFA Solutions’ FirmVew platform
3 February 2021
GPs prioritise D&I
According to EY's latest report, 56% of GPs are aiming to increase gender representation this year compared to 47% in 2020, according to a new report
2 February 2021
Crestbridge appoints legal and compliance specialist
Anika Ratzmann is responsible for the development and management of the legal and compliance divisions and will help with strategic growth
1 February 2021
Luxembourg to reach €5trn AuM
Luxembourg remains popular with funds industry as total AuM set to reach €5trn
1 February 2021
Xolaris granted Liechtenstein AIFM authorisation
Third party AIFM provider Xolaris has been authorised to offer its ManCo services in Liechtenstein
26 January 2021
Allvue partners with TrustServe
Allvue will integrate its platform into TrustServe, enabling it to service all closed-ended funds across PE, VC, FoF, RE and family offices
25 January 2021
SimCorp and Colmore partner on data service
The partnership integrates Colmore’s INSIGHT (data management) and FAIR (fees) services with SimCorp’s alternatives investment manager offering
21 January 2021
Private Equity Service Provider Awards: Winners announced
Winners of the Private Equity Service Provider Awards revealed
21 January 2021
Comment: The future of ESG
Cliodhna Murphy and Mike Dickey of MUFG Investor Services explore the importance of tech to meet ESG goals
20 January 2021
Schroder COO joins ScalingFunds
Patrick Stampfli has joined the firm as managing director of business development, continental Europe
19 January 2021
Sanne promotes Nagle to CCO
In his new role, Nagle will be responsible for client service delivery in all jurisdictions and Sanne’s continued commercial development
19 January 2021
Saltgate names chief people officer
Alison French will sit on the group strategic committee to oversee recruitment, diversity, culture and communications
18 January 2021
Apex launches tool for ESG regs
Invest Check is a tool to help financial services firms collect data to report and comply with upcoming ESG rules
17 January 2021
Citco opens Abu Dhabi HQ
The firm has also partnered with ADGM to create a sustainable, fully-integrated ecosystem for the investment management industry
14 January 2021
Crestbridge makes three Jersey appointments
Alex Di Santo is group head of PE, Michael Johnson is now group head of institutional services, while Tim Ridgway Is a director in the governance services team
13 January 2021
Alter Domus buys Strata Fund Solutions
Strata provides fund administration services to US private equity and venture capital funds
11 January 2021
Backstop’s Watson joins Mainspring
Norman Watson, previously head of EMEA account management at Backstop Solutions, has joined fund administrator Mainspring
11 January 2021
The ESG tech wave
From static and infrequent DDQs to real-time, performance linked, fully integrated improvements; ESG is fast-becoming a tech play
8 January 2021
LPs want better ESG reporting
LPs are seeking more granular detail when it comes to ESG reporting, according to Intertrust Group
7 January 2021
Imperium Funds appoints client services director
Andy Hatton joins Barry McClay, Gary Mauger and Charlotte Parr as part of the senior management team
5 January 2021
Link Group purchases Casa4Funds
Casa4Funds has been backed by Banor Capital since 2014
5 January 2021
Alter Domus buys IPS Fund Services
Boston-based IPS has $9bn of PE and VC assets under administration
4 January 2021
Apex acquires GFin
As part of the deal, GFin’s 130 staff will join Apex and the firm’s management team will maintain leadership roles within Apex Mauritius and globally
4 January 2021
MJ Hudson buys PERACS
PERACS serves institutional investors and alternative asset fund managers
15 December 2020
Former SS&C ALPs execs launch TrustServe
The new fund administrator aims to challenge the sector by taking advantage of new technology.
14 December 2020
Class of 2020
A cross-section of industry practitioners share their greatest lessons of this year
10 December 2020
Alter Domus promotes Houghton to COO
Houghton will oversee the firm’s operations across all products and services as it continues to expand across the US and EMEA
8 December 2020
Sanne acquires PEA
PEA specialises in boutique fund admin and depositary services to alternative fund structures
4 December 2020
Harmonate partners with JTC
The partnership enables faster, accurate extraction of financial data for institutional fund and private wealth clients
3 December 2020
Finch Capital backs ScalingFunds
The fresh capital will be used to build out the institutional business development team