Outsourcing
17 June 2021
KPMG joins campaign for reporting taxonomy
KPMG UK has become a founding member of Private Capital Data Standards Alliance (PCDS Alliance – formerly ADS Initiative)
18 June 2021
Northern Trust extends capabilities in Switzerland
The firm received regulatory approval to provide custodian, depositary, transfer agency and ancillary services in Switzerland
18 June 2021
Alter Domus launches Irish AIFM
Alter Domus has acquired Beechbrook Capital’s Irish AIFM and received authorisation from the Central Bank of Ireland for specialised depositary services
15 June 2021
CFOs prioritise cost reductions
Aztec's latest report found 23% of PE CFO/COOs said their main focus this year is to reduce operating costs
15 June 2021
INDOS hires head of AML
Clay Dupuy is responsible for the teams which provide AML officers to funds domiciled in Ireland, Luxembourg and the Cayman Islands
15 June 2021
Investec’s Mansy joins Macquarie
Investec is winding down its operations in Australia to focus on the UK and South Africa
14 June 2021
Cinven ups bid for Sanne to £1.42bn
Cinven increased its offer by 13% on Sanne’s last closing price before the latest announcement
11 June 2021
HSBC’s King joins RBS International
Neal King will oversee new business from NatWest’s trustee and depositary services traditional fund management clients
9 June 2021
Drawbridge launches cyber risk module for PE
The module provides PE funds with a single view to monitor the cyber risk profiles of their portfolio companies in real-time
9 June 2021
New horizons: Carbon pricing
Professor Gianfranco Gianfrate, Climate Finance Lead and Professor of Finance at the EDHEC-Risk Institute, says carbon pricing is happening and managers need to prepare
8 June 2021
Private equity must address climate change risk
“Climate change presents unprecedented business opportunities for the industry in addition to risks”
7 June 2021
MJ Hudson’s Brozyniak joins Charles Russell Speechlys
She joined from MJ Hudson where she spent the last four years, most recently as partner
4 June 2021
JP Morgan’s Hughes joins Ocorian
He joined from JP Morgan where he was managing director & global head of custody for the last four years
4 June 2021
CSC buys PEF Services
The acquisition has accelerated CSC’s fund services growth plans in the US, as well as added expertise and a robust tech platform to CSC’s suite of solutions
3 June 2021
Allvue partners with Lionpoint
This partnership enables Allvue’s clients to tap into Lionpoint’s strategic advisory, operating model optimisation, tech road mapping and solution selection as well as systems integration services
3 June 2021
Apex buys BRL Trust Investimentos
Founded in 2005, BRL Trust provides fiduciary services, administration, management, custody (and representation for foreign investors), controlling and registrar of investment funds to clients
2 June 2021
Clifford Chance’s Lilley joins Mayer Brown
He joined from Clifford Chance, where he spent the last 15 years, most recently as a director of funds and infrastructure financing within the banking and finance team
2 June 2021
Addleshaw’s Powling joins DLA Piper
He practices across various sectors with a particular focus on private equity and real estate
2 June 2021
Waterland closes €500m ESG-linked bridge loan
"We are rapidly moving towards a world wherein all finance is linked to sustainability in one way or another"
28 May 2021
Be an architect (not a gardener)
Launching credit strategies is back in vogue, but this time around careful consideration is needed when it comes to designing and scaling operations
28 May 2021
5 minutes with… Simon Page, Hawksford
"We’ve had the benefit of learning from the mistakes other firms have made."
27 May 2021
Aztec opens US office
The new office specialises in fund and corporate accounting and administration for PE, VC, private debt, infrastructure, and RE sectors
27 May 2021
Linklaters launches side letter automation tool
The tool extracts and groups similar provisions and merges duplicate clauses while increasing efficiency during investor negotiations
26 May 2021
Cadwalader’s Cross joins Addleshaw Goddard
Cross joins from Cadwalader, Wickersham & Taft where he was part of setting up the law firm’s fund finance practice in Europe
26 May 2021
Nordic Capital secures ESG-linked facility
The revolving facility is linked to Nordic Capital Fund X, which closed on €6.1bn in October 2020
26 May 2021
Accelex secures $5m
The funding round was co-led by Illuminate Financial and AlbionVC, both of which will join the firm’s board of directors
25 May 2021
Crestbridge’s Bird joins Argentex
He focuses on FX execution and hedging strategies for clients across PE, corporate, RE, insurance and infrastructure
24 May 2021
Caceis appoints head of depositary services
Sam Maybrey joined from JP Morgan where he was vice president for the last 11 years
24 May 2021
Comment: Managing privacy concerns surrounding FATCA and CRS compliance
Ed Harris, Louise Crawford and Adela Komorowska of Hogan Lovells examine the friction between enhanced transparency among tax authorities and the right to privacy
21 May 2021
Alpha FMC buys Lionpoint in $90m deal
Lionpoint was previously backed by Blackstone, which made a minority investment in February 2019
19 May 2021
CSC secures Irish depositary licence
The firm received its Irish fund administration licence last year
18 May 2021
Apex acquires Tzur Management
The deal marks the fund administrator's expansion into Israel
17 May 2021
KKR acquires ERM
KKR’s Core Investments strategy acquired the majority stake from Omers Private Equity
17 May 2021
In conversation: Cyber security, an ESG concern
A recent webinar discussion explored the treatment of cyber security as an ESG practice
14 May 2021
Sanne declines Cinven’s £1.35bn offer
Takeover bid highlights strong appetite for fund administrator take-privates
14 May 2021
Debevoise promotes Dickman to partner
He advises on the formation, management and reorganisation of private investment funds
10 May 2021
AlpInvest secures ESG-linked sub-line
ABN AMRO arranged the facility while Rabobank acted as sustainability co-ordinator
7 May 2021
IQ-EQ’s Davies joins Centaur
Davies will support Centaur’s private equity client and define the firm’s PE strategy and business development plans
5 May 2021
Ultimus hires Anduiza
He is responsible for growing revenue of the private fund administration business
5 May 2021
5 minutes with… James Tedman, ACA Aponix
Tedman discusses the biggest cyber security changes in PE in the last five years, the firm’s ACA Protect and PortCo Defend products, and what’s in store for the next 12 months
4 May 2021
Crestbridge’s Newton joins LGL
He is responsible for the leadership, strategic growth and operations of LGL’s Jersey business
4 May 2021
WATCH: What do LPs do with all the data?
A recent webinar discussion explored the way in which data is being communicated, how technology is helping both GPs and LPs, and what LPs are doing with all the information
30 April 2021
5 minutes with… Robin de Gruchy-Wilson, Oakbridge Fund Services
The co-founder & managing director discusses the firm’s key focuses, how it secured backing from ED Group as well as technology and platforms it currently uses
28 April 2021
HWM acquires Koger
The deal has been backed by Lovell Minnick Partners, a financial services and tech-focused PE firm
28 April 2021
Digital transformation still in early stages
According to RFA only 10% of firms have completed their digital transformations, while 34% are in the decision making stage
28 April 2021
LISTEN: Do we even need standardisation? Episode 2
The second instalment of a recent podcast discussion examined industry body reporting efforts, and asked if standardised reporting is still necessary?
28 April 2021
Domicile watch: April 2021
Key takeaways from the major PE domiciles: including JFSC's concerns in JPF service provision, Guernsey's updated PIF rules and Cyprus' growing funds industry
27 April 2021
Raft of hires for Ocorian
The firm hired Andrew Stewart, Natasha Head, Vivienne Fitzpatrick, William Turmann and Chris Mayfield as business development directors
26 April 2021
Addleshaw promotes Grüter to partner
He advises clients on fund establishment and structuring, product distribution and marketing, investment management negotiation and regulatory change implementation
26 April 2021
Right-sourcing
A year of remote working has catalysed already changing attitudes when it comes to recruitment versus outsourcing
23 April 2021
Goodwin hires London tax partner
David Irvine joins from Kirkland & Ellis where he has been a partner for the last two years
22 April 2021
FundRock launches EU distribution service
The operation aim to support US, UK, Asia and other third country asset managers distributing funds across the EU.
21 April 2021
LISTEN: Do we even need standardisation? Episode 1
A recent podcast discussion explored technological advances in data transmission, and asked if standardised reporting is still necessary?
20 April 2021
Finding a digital edge: how to approach digital transformation
George Ralph of RFA breaks down approaches to digital transformation within private equity operations, and highlights the importance of an effective data strategy
19 April 2021
WATCH: Cybersecurity, and ESG concern
Cybersecurity is a matter of good governance, as well as reputation and risk management - putting it at the heart of ESG practices
19 April 2021
5 minutes with… Charlie Jolly, RSM
The head of private equity discusses how RSM supports GP fund restructurings; the importance of valuations, and the latest innovations within the process
15 April 2021
Double hire for Carey Olsen’s Guernsey corporate practice
Tracey Powell has been named senior associate, while Daniel Long has been appointed as associate
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