Outsourcing
17 September 2021
Apex partners with VCP Advisors
VCP provides advisory, capital raising and restructuring services
16 September 2021
Gen II hires two
Duncan Christie is head of operations and a member of the executive committee while Eva Ntovolou is global data protection officer
15 September 2021
ACA buys Catelas
The ML-based electronic communications (eComms) surveillance and investigations platform will integrate with ACA's regtech platform ComplianceAlpha
14 September 2021
Drawbridge hires three
Adam Menkes is global head of ops, Jacob Cane is head of strategy, while Art Murphy is director of BD
13 September 2021
Standish expands to UK
Following authorisation from the FCA, the London office provides UK administration and depositary services
9 September 2021
Ocorian hires head of global funds
Garrett Breen joins from JP Morgan where he spent the last five and a half years
9 September 2021
Profile: Stella Morse, Inverleith
The CFO discusses joining the private equity firm from the consumer world, what she thinks of the latest ESG regulations and setting up Inverleith's first institutional fund
8 September 2021
CDP aims to standardise environmental data
It aims to increase disclosure from private companies, which have previously avoided scrutiny on environmental issues and pressure to decarbonise
8 September 2021
Suntera acquires NeoTrust
NeoTrust provides bespoke fund and corporate services to PE and RE, institutional clients, large and mid-sized firms as well as HNWIs
7 September 2021
Mainstream adopts Harmonate
The partnership enables Mainstream to automate private capital data operations
7 September 2021
Waystone partners with The ID Register
The partnership provides Cayman funds with an AML/KYC and onboarding solution
7 September 2021
Carlyle secures €2.3bn ESG-linked facility
Revolving credit facility is linked to boosting board diversity, tackling climate change and ESG-competent training
6 September 2021
Great techspectations
As private capital market tech solutions grow in number and functionality; how aligned are GPs internally when it comes to their expectations of technology systems?
3 September 2021
Citco opens Hyderabad office
The new office provides fund servicing, banking as well as technology support functions
2 September 2021
Arthur Cox’s Garrett joins Reed Smith
Garrett’s practice focuses on cross-border finance and corporate transactions, formal and informal insolvency procedures, restructuring and workouts
2 September 2021
Get ready for the new investment firms prudential regime
PE houses must familiarise themselves with the new requirements and ensure their forecasting practices are up to standard, writes Karen Allan of Haysmacintyre
31 August 2021
Zedra appoints two
Charles-Alexandre Houillon has been named director of fund management services, while Murjel Breedveld Jagesser is client director, both in Luxembourg
31 August 2021
Law school: litigation funds
Litigation funds are fast-becoming a fundamental part of the global justice system. While the 'assets' they manage differ greatly to those of traditional private capital funds, the way in which they operate is almost identical.
25 August 2021
Suntera acquires Reference
Reference provides central and corporate administration, accounting and tax compliance, family office, directorship, company secretarial, domiciliation and incorporation services
23 August 2021
Ogier launches ESG compliance tool
The tool aims to help fund managers get up to speed with ESG themes, terminology, regulatory requirements as well as climate-related risk in portfolio management
19 August 2021
Livingbridge’s Conway joins Crowe
Jono Clare has been named as the GP's new head of tax
17 August 2021
Holland Mountain expands to US
“It was a logical next step to establish a permanent base of operations in the US to service our growing client base”
17 August 2021
5 minutes with… Neil Carnegie, Carnegie Fund Services
"While other fund administrators might get caught up in the consolidation trend, we’ve never made an acquisition. We’ve been asked to sell, but so far we’ve resisted."
11 August 2021
Crestbridge granted Irish licence
The firm received regulatory approval from the Central Bank of Ireland to provide fund admin services in Ireland
10 August 2021
Wheelhouse partners with RFA
The partnership aims to help investment firms with specific reporting and compliance requirements
10 August 2021
Apex buys ASR
ASR provides Swiss representation and distribution services to foreign fund managers, which seek to market their funds in Switzerland
9 August 2021
2025: PE’s digital golden year
In 2025, structured data exchange will be the norm for fund managers as PE moves away from Excel. The Drawdown explores the tech solutions making that future a reality
5 August 2021
Apex buys GCG
California-based GCG provides services to private equity and venture capital funds as well as technology companies
5 August 2021
Dentons’ Craig joins Paul Hastings
Ted Craig joined from Dentons where he was partner, head of the private funds practice in the UK
3 August 2021
TowerBrook invests in EisnerAmper
EisnerAmper provides comprehensive audit, accounting, advisory, consulting and tax services as well as analytical insights to clients
3 August 2021
Apex bids £1.5bn for Sanne
The all cash offer saw Apex bid 920 pence per share for Sanne
3 August 2021
Gen II buys Stone Pine
Stone Pine provides private equity fund administration, tax and investor services to various PE fund structures
28 July 2021
Sanne buys PraxisIFM’s fund admin
PraxisIFM has sold the business to focus on developing its core divisions of private wealth and corporate services and pension administration
27 July 2021
ICG secures €1.45bn ESG-linked sub-line
Facility was provided by Standard Chartered Bank, BNP Paribas, ANZ Banking Group, ING Bank, and Royal Bank of Canada
27 July 2021
TMF Group’s White joins Oakbridge
John White is responsible for overseeing compliance at both Oakbridge Funds and The ED Group
26 July 2021
MJ Hudson buys Guernsey-based Saffery Champness
Deal values Saffery Champness Fund Services (SCFS) at £2.8m
26 July 2021
Comment: Navigating through the storm: An evolution in fund finance
Leon Stephenson and Colin Baker of Reed Smith outline the various uses and advantages of NAV facilities
22 July 2021
IQ-EQ buys Ireland’s DGFM
Acquisition follows launch of a dedicated funds service segment in Ireland in March
22 July 2021
Profile: Feizal Moossa, Adenia Partners
The chief risk officer discusses the importance of his role within private equity, how his responsibilities have evolved since joining Adenia in 2003 as well as operating without an in-house legal team
21 July 2021
State Street acquires Mercatus
Acquisition connected to launch of front-to-back, full-suite investment management platform
20 July 2021
Stephenson Harwood promotes de Ste Croix to partner
She focuses on fund formation, GP-led secondaries, LP portfolio sales and complex fund-related transactions, including GP removals
19 July 2021
ELTIFs revisited
The ELTIF structure was so unpopular that the European Commission put it under review. However, a recent spate of new launches means the regulator could have been too hasty.
16 July 2021
Carlyle and Mubadala invest in Apex
Fresh capital comes just one month since TA Associates acquired a significant minority in the fund administrator
14 July 2021
Simpson Thacher’s Fox joins Kirkland & Ellis
Amy Fox advises private equity clients on the organisation and operation of European, Asian and global large-cap funds
14 July 2021
Suntera appoints Jersey head of funds
Ryan Taylor has overall responsibility for developing and managing the new fund administration team in the jurisdiction and growing its client base
12 July 2021
Apex buys Germany’s mola-administration
Hamburg-headquartered mola-administration provides fund admin to PE, VC, debt, special situations and digital assets funds
12 July 2021
You can’t stand under my umbrella
The Greensill scandal has thrown light on umbrella structures, which are now under review by the FCA - what could this mean for private equity?
8 July 2021
The Drawdown Awards 2021: Finalists Announced
Thank you to everyone who entered, and a massive congratulations to all those that made the shortlist
6 July 2021
Lack of standardisation biggest threat to ESG
“Without one standardised framework for reporting standards, we will continue to see firms mixing and matching various guidelines, hindering long-term process in the area.”
5 July 2021
Northern Trust launches ML document capture
The machine learning document capture tool marks the launch of a series of releases aimed at digitising alternative asset servicing
2 July 2021
Sanne promotes Fowler to global head of PE
He takes over from Oliver Morris, who has recently left the firm to join TDR Capital as head of fund operations
1 July 2021
Suntera granted Jersey licence
The licence enables the firm to support PE, VC, RE and other alternative fund managers with a full range of admin services from Jersey
1 July 2021
A guide to Germany’s new pre-marketing rules
New pre-marketing obligations for German AIFs come into force this August, with a distinctive German twist
29 June 2021
Drawbridge appoints COO
Scott DePetris will drive the firm’s global strategy and business operations
28 June 2021
Ocorian buys Nordic Trustee
The firm focuses on the Nordic bond market, facilitating issuers access to capital, as well as monitoring and securing bondholders' rights
28 June 2021
MJ Hudson acquires Clarus Risk
The fintech risk management and reporting automation specialist services alternative asset fund managers and investors
28 June 2021
All aboard
Setting up a new fund comes with all manner of challenges and complexities; Highvern aims to take the pain out of onboarding with your fund administrator
25 June 2021
FCA proposes climate-related disclosures
The proposals aim to increase transparency while enabling clients to make considered choices while remaining proportionate for firms