Login Newsletter Subscribe About us Search

Outsourcing

Chain reaction: the hidden depths of KYC

KYC is so much more than just a passport and a utility bill. Highvern’s Ken Ritchie details the intricacies of KYC compliance

Cadwalader appoints Batterson as partner

Angela Batterson joins from Jones Day where she was a partner for four years

Apex acquires Maitland

Maitland provides fund administration, transfer agency and ManCo services to traditional, alternative and mutual funds

Comment: Fund forecast

Mohith Sondhi of OakNorth Bank shares his top predictions as macroeconomic challenges intensify

Punt joins JTC

Martin Punt will develop the firm’s PE and VC offering, focusing on its UK and Channel Islands proposition

Eversheds’ Watford joins Haynes Boone

Ben Watford will lead the London funds team

Holland Mountain promotes two

Kimberly Ellis and Jonathan Connelly have both been promoted to associate directors of their respective divisions

Freyda partners with Eze Castle

The partnership aims to improve productivity and transparency of investment data

Centralis acquires Wheelhouse

The deal marks an exit for previous backers Pelican Capital

Zedra acquires Atlas Fund Services

The firm also received a minority investment from British Columbia Investment Management Corporation

Suntera expands to US

Suntera has bought US-based fund administrator Socium Funds Services

In the dog house

How effective are financial regulators when it comes to keeping private equity in check?

Hazeltree appoints Amin as president & CEO

He takes over from Doug Haynes who has served as interim CEO of the business since October 2021

Maxwell joins Reframe

Industry veteran Ray Maxwell joins as advisory partner to lead new investment advisory offering

TMF’s Alayarian joins IQ-EQ

Sally Alayarian has joined IQ-EQ as group chief risk officer

Kirkland appoints three from SEC

Appointment of three former US SEC legal professionals follows the regulator’s recent private equity focused rule tightening

Intapp and KPMG AG announce strategic alliance

Partnership aims to accelerate digital transformation for professional services and capital markets firms

JTC launches virtual chief sustainability officer service

The outsourced offering aims to help clients to understand, definite and implement their own ESG strategy, policies and reporting

Leading managers embrace a new standard in contract negotiation

Troy Pospisil, CEO and founder of Ontra, charts the adoption of legal tech by blue chip private equity firms

Private equity and hedge funds’ cyber security demands converge

Tom Cole, managing director - UK & Europe, Abacus Group, charts private equity’s increasing needs for robust cyber security,

Techwork 2022: Juri Pervjakov, BaltCap

“With increasing workloads, we’ve had to consider the new role of the back office, how to streamline processes and automate workflows"

JTC appoints first chief sustainability officer

Wendy Holley will continue in her existing role as COO, and will be responsible for developing JTC’s ESG framework

Unlimited partnership

Over the past year, there has been a surge of partnership agreements between various private equity-focused tech providers. Additionally, these same tech providers have joined forces with a number of service providers. But who is doing what, with who?

LGL selects Allvue

LGL’s clients will have access to Allvue’s fund account solution and investor portal

Apex buys FTS

The US business provides tax planning, compliance and structuring to PE and RE funds

Highvern receives Irish TCSP authorisation

The authorisation enables the fund administrator to provide corporate administration services to section 110 and SPV structures across alternative asset classes

Techwork 2022: Frédéric de Frésart, Argos Wityu

"Our IT infrastructure has evolved into a single hybrid network. Everyone uses and shares the same tools. That has been a huge evolution for our employees because it completely changed the way we work"

RBS International appoints head of institutional banking offshore

Susan Fouquier has taken up the newly created role in Guernsey

Techwork 2022: Hind el Gaidi, Astorg

“Our ultimate aim is to capture the full value chain. From fundraising right the way through to exits, we want to ensure we have best of breed systems in place that will help us to ensure every part of the process is going well.”

Aztec hires head of ESG and sustainability

Caroline Mantoura joins from Accenture, having served as director of operations

Techwork 2022: Patrick Gloor, Montana Capital Partners

“The most important part of my work was and still is, constantly improving cyber security while maintaining the flexibility needed by our employees.”

Techwork 2022: Ash Patel, ECI Partners

“Some of my main achievements for the firm include outsourcing our IT services to a managed service provider (MSP) so I can put a greater focus on the strategy and governance part of IT"

The Techwork 2022

Our annual Techwork report charts the industry’s digital progress by focusing on a select group of individuals responsible for this crucial work

Domicile watch: March 2022

Key takeaways from the major PE domiciles: including the FCA’s PRIIPs regulation, JFSC’s proposal to increase investment business fees and the latest addition to Guernsey’s blacklist

Real-time data reporting remains a source of friction between LPs and GPs

KKR's Catherine Cutts: "The demand for more granular data versus the ability for GPs to produce that is a source of friction in LP-GP relations"

Profile: Kristy Trieste, Motive Partners

The CFO & chief compliance officer discusses being a founding partner, plans for the compliance function going forward, as well as how she interacts with IR

Waystone acquires Centaur

The deal marks an exit for previous investors FTV Capital, which backed Centaur in January 2020

IQ-EQ creates group head of compliance role

Tasnoova Zaki, who has taken up the newly-created leadership position, joins from Citi, where she was VP, strategic control initiatives, regulation & compliance

Kroll launches valuation practice in Lux

The new business is headed up by Armand Kantar, who has been with the company since 2019

Drawbridge launches industry advisory board

The IAB aims to foster an open exchange of ideas and best practices to help advance cyber defences for the alternative investment community

Entrilia launches PE & VC operations solutions

Phase one of the launch includes private equity and venture capital fund accounting, investor insights as well as business intelligence solutions

Hawksford creates M&A director role

Deloitte’s Sowmitra Singh will identify M&A opportunities and work on transactions

An American tail: service providers go West

For European GPs that want to stick with a familiar European service provider Stateside, we explore which businesses have taken their European operational excellence across the pond

PwC Luxembourg adopts Diligend

Use of Diligend meets PwC Lux aims to better support its clients with due diligence, ongoing monitoring and oversight needs

Addleshaw Goddard opens Luxembourg office

Fieldfisher’s Richard Ledain Santiago has been appointed as partner to lead the new office

5 minutes with… Birchstone Markets

We caught up with Devonshi Mody and James Arnold of Birchstone to find out about their connected treasury offering.

PE and private debt still behind on digital transformation

Broadridge’s latest report found only 12% of PE and private debt respondents identified as leaders when considering their digital maturity level, compared with 41% of other investment and asset managers

Vistra receives regulatory approval for India’s GIFT City

According to the firm, it is one of the first global organisations to receive this approval

Apex acquires Fund Admin Chain

FAC is a distributed ledger-based network for launching, distributing, trading and settling funds

Gen II acquires Update Capital

The platform provides an automated, cloud-based solution for real estate managers

Open relationship: outsourcing IR

Private equity's most prized relationships are those with its LPs; why would a firm decide to outsource its investor relations?

5 minutes with… Derivative Path

Brett Morrell & Ciccy Yang discuss how the technology-focused business supports private equity risk management

SS&C launches AI fund admin platform

GoCentral uses AI and BPR to optimise front, middle and back office services

Fund finance: structural innovations

Investec’s Helen Griffiths and Oliver Bartholomew discuss key structural developments for capital call facilities, including cost savings awarded by the master facility agreement, the importance of GP credit ratings, and continuation vehicle solutions.

Ocorian adopts eFront Invest suite

Ocorain currently uses eFront for its central administration and transfer agency support

Sanne’s McFadden joins Centaur

Kevin McFadden will lead a team responsible for maintaining relationships with investors and analysts

HSBC launches digital administration platform

The platform provides GPs and LPs with digital workflow and reporting solutions

Oakbridge Funds merges with ED Capital

Both Oakbridge and ED Capital are owned by Jersey-based ED Group

Former Alter Domus CEO joins Goji

Aidan Connolly has been appointed as an independent non-exec director of the company

Domicile watch: February 2022

Key takeaways from the major PE domiciles: including JFSC’s late fees for registry submissions, Guernsey’s new chair for its Green Finance strategy and Ireland’s Green Pledge launch