The Catalyst Group recently received approval from the Cayman Islands Monetary Authority (CIMA) to launch its new range of fund services.
The deal for the US alternatives fund administrator will add $140 billion in AuA and over 200 accounting experts to Alter Domus.
BNY Mellon has hired two former State Street executives to bolster its global consultancy and real estate services businesses.
Custodians have been expanding their Ireland footprint and are bolstering services with a focus on private markets and alternatives assets.
The acquisition will expand Alter Domus’ US footprint from Chicago into Boston, an important hub for the US private equity industry.
The Bill provides greater flexibility for firms to set up private markets funds in Ireland, giving the country a huge boost as it competes with other fund domiciles.
Among the swathe of recent appointments, the former head of investor services for Ireland at Citi has joined to lead BNY Mellon's Irish fund services business.
BNY Mellon’s role will be to coordinate accounting data and provide it back to Deka Immobilien for their NAV calculations.