Fund administration
21 September 2023
Mainspring’s Stephen Geddes to lead Apex UK
The fund management service provider was bought by Apex in September 2022
21 September 2023
Lionpoint launches treasury practice
Former head of operations at KKR Danny Olds will lead the practice
20 September 2023
BlackRock joins Allfunds’ Private Partners programme
Firm aims to broaden access to its private markets offering for wealth management clients
20 September 2023
Socium Fund Services launches loan agency and administration services
The Suntera Global-owned fund administrator extends its product offering to private credit firms
18 September 2023
Amicorp launches ESG reporting and rating service
The new service includes audited ESG reports, analysis, business planning and policy implementation
18 September 2023
DIY in the wild wild East
Across Lebanon and Palestine, enterprising GPs are piloting their industry with no legislative framework or operational ecosystem, as Matthias Plötz investigates
13 September 2023
Hawksford acquires Singapore-based consultancy
The acquisition of Healy Consultants expands the service provider’s presence in Singapore and enables an entrance into the Middle East
13 September 2023
Altum Group granted UCI extension
The extension to the Undertaking for Collective Investment allows the company to offer its services to all alternative investment funds
13 September 2023
Gen II launches strategic and digital solutions group
Robert Caporale has been appointed as group president
12 September 2023
Vector updates fund accounting tool
The fund administrator has incorporated a GP and LP portal into Valence
12 September 2023
Citco’s platform available to private credit funds
Company opens up its Collaboration Platform to private credit and real assets
11 September 2023
Data constraints the biggest ESG integration hurdle
Some 71% of respondents to the BNP Paribas ESG Global Survey 2023 find lack of ESG data quality a major barrier to making more sustainable investments
11 September 2023
Apex establishes presence in Korea
Non-executive director Simon Hurst will advise on the office launch
7 September 2023
Apex subsumes Guernsey-based ManCo
This latest acquisition by Apex Group expands its Guernsey operations
7 September 2023
Ocorian names new CEO
Former Capita portfolio CEO Chantal Free succeeds Frederik van Tuyll
4 September 2023
Taking the plunge
The vast pools of capital located in the UAE remain the main draw for private equity firms but a local office is increasingly needed to access them
23 August 2023
GP Fund Solutions anchors in Ireland
Fund administrator is the latest non-European player to make a move into the bloc, following the news of Crestbridge and Altum in July
22 August 2023
TMF Group acquires Maltese tax adviser
The acquisition will expand TMF Group’s presence in southern Europe
16 August 2023
TMF acquires FIDD
The fund administrator consolidation will expand TMF’s presence in Latin America
4 August 2023
Waystone LFS acquisition satisfies contractual conditions
The sale is expected to be completed by October 2023
27 July 2023
Socium Fund Services partners with Broadridge
Socium will incorporate Broadridge’s Sentry tool to improve its debt fund administration services
20 July 2023
The Drawdown Awards winners: Linnovate Partners
The Drawdown speaks to Henry Lin, CEO and founder of Linnovate Partners, winner in the Fund Administration: Technology & Innovation category at The Drawdown Awards 2023.
18 July 2023
Apex signs strategic partnership with Flow
The fund administrator’s clients will have access to Flow’s investor lifecycle management platform
17 July 2023
BNP Paribas acquires Kantox
The acquisition will expand the firm’s FX workflow services
14 July 2023
MUFG IS expands banking solutions
Adil Rehman has been appointed managing director, global head of payments and liquidity, to lead the development of global payment and cash management services
13 July 2023
Gen II acquires Crestbridge
The acquisition will expand the fund administrator’s presence in Europe
10 July 2023
The Drawdown Awards winners: The Citco group of companies
The Drawdown speaks to Claudia Bertolino, head of private equity and private credit, Citco Fund Services
4 July 2023
ESMA reviews cross-border marketing requirements
The body’s second report highlights frequent breaches of marketing requirements
3 July 2023
REYL Intesa Sanpaolo acquires Carnegie Fund Services
The acquisition will result in the two firms’ Swiss representation services being combined
28 June 2023
IQ-EQ grows compliance offering in Asia
Company has acquired compliance firms ComplianceAsia and Lymon
28 June 2023
Juniper Square appoints fund admin general manager
Christine Egbert is a former SS&C executive
19 June 2023
Comment: Future-proofing operational models key to supporting global GP ambitions
Elliot Refson, head of funds at Jersey Finance, says the jurisdiction’s JPF and LLC structures provide stability in a turbulent environment
16 June 2023
LP reporting requests the biggest obstruction for PE GPs
Frequent reporting and ad hoc requests from LPs are the biggest obstruction to operations for private equity GPs, according to a new survey.
8 June 2023
IQ-EQ appoints Swiss MD
Patrik Marti has two decades of management experience at Credit Suisse
8 June 2023
The Drawdown Awards 2023: Winners announced
Congratulations to all of the winners of The Drawdown Awards 2023
7 June 2023
GPs diverge on takeup of fund admin technology
Almost as many GPs are reluctant to change their fund administration technology as those wanting the most sophisticated technology available, according to a new report.
5 June 2023
Amicorp FS seeks to scale up through London listing
Fund administration firm Amicorp FS plans London listing and global expansion
5 June 2023
IQ-EQ partners with Novata
The partnership aims to incorporate Novata’s ESG data solution into IQ-EQ’s existing services
5 June 2023
State of substance
How are GPs giving their firms the necessary mass to operate in Luxembourg?
31 May 2023
Apex launches fundraising services
Offering combines rebranded platform with series of events
30 May 2023
The conversation: Are you prepared? Liquidity strategies in a turbulent market
The Drawdown hosted a webinar to discuss how managers can respond to liquidity and risk management challenges that have been thrown into sharp focus in recent weeks
26 May 2023
Former Sanne execs set up new fund admin business
Ex-Sanne senior leaders have launched Palmer Street, with £8m backing from Marwyn Value Investors
25 May 2023
Hatcher+ launches funds platform
Funds-as-a-service software provides end-to-end fund administration, powered by AI
19 May 2023
FFP launches fund admin business
Company’s new business line will service clients in the Cayman Islands
17 May 2023
Survey: How is your digital transformation progressing?
The digital transformation of private capital funds continues to gather pace – The Drawdown, in partnership with IQ-EQ, is once again taking the pulse of the private capital fund market's digital transformation
16 May 2023
Suntera acquires Carey
Acquisition is a bid to broaden Suntera’s services offering and bolster the company’s fund admin capabilities
15 May 2023
European Fund Administration rebrands to ‘efa’
Rebranding is part of company’s integration process into Universal Investment Group following acquisition in 2022
11 May 2023
Alter Domus acquires Solvas
The acquisition aims to bolster the data unit’s credit risk offering by adding data analytics services from Solvas
10 May 2023
Indos Financial appoints CEO
Abi Holland is promoted to CEO from head of client relationship management
9 May 2023
TMF Group partners with Holland Mountain’s ATLAS
TMF’s fund services practice will integrate the data platform to enhance client reporting offering
5 May 2023
Comment: Private markets boom sparks uptick in demand for asset servicing
Claudia Bertolino, head of private equity and private credit at Citco Fund Services, says managers are placing higher expectations on their third-party providers
4 May 2023
The challengers
Charting the rise of the new fund admin kids on the block, looking to break the mould
3 May 2023
Jersey widens AML/CFT scope
Jersey private entities with a local administrator no longer exempt from regime