Boutique fund administrators engage in M&A activity to kick off 2022
As we open the new year a series of acquisitions have been made by smaller administrators including Suntera Global, Standish Management, Waystone and ZEDRA.
Fund Administration
Apex Group enters the New Zealand fund services market with acquisition of MMC
Following the purchase of Mainstream Group in Australia, Apex Group bolsters its regional presence with its first base in New Zealand through deal for administrator.
North American Fund Administration Association closes after four years
Association which counted the likes of Apex Group, Sudrania Fund Services and Ultimus Fund Solutions to cease.
TMF Group expands Latin American presence by acquiring Paraty Capital
Latest M&A deal for TMF Group will increase its assets under administration to over €160 billion.
Citco enhances Data Services platform with direct delivery via the cloud
Enhancement follows migration of $1 trillion of assets onto AWS.
Predictions for 2022: Alternatives and fund services
Experts from BNP Paribas Securities Services, Cowen, Citco, Apex Group, Fund Recs and Milestone Group give their predictions on trends in the alternatives, fund administration and prime brokerage space for the New Year.
Ultimus Fund Solutions acquires private markets specialist FD Fund Administration
Acquisition takes Ultimus assets under administration to $400 billion.
Intertrust agrees to $2 billion offer from CSC
CSC continues to eye the fund administration space after acquiring PEF Services as Intertrust continues to draw attention.
Apex Group scores trifecta with latest fund administration mandate from Latin American asset manager
Mandate for $41 billion asset manager is third mandate in a week for Apex for its securities fund services.
Apex appointed by RailField Partners to provide fund services
The appointment will see Apex support Maryland-based RailField’s fund accounting needs for their first institutional LP funds.