The head of Apex Group's marketing and sales initiatives has left after helping spearhead new revenue streams following its period of acquiring high-profile firms.
Apex has partnered with Hong Kong-based BITE Investments to help Asian investors build their own USD alternative investment portfolio.
State Street will leverage FIS-owned Virtus business process-as-a-service solution to provide services jointly to CLO and CDO clients in the US and Europe.
Ultimus stated the hire reinforces the focus on alternative fund administration services and complements its acquisition of LeverPoint Management last year.
The four new appointments will help the fast-growing administrator to expand its North America private equity fund services capabilities.
Experienced alternatives business development executive joins Northern Trust in Luxembourg.
The appointments are the latest changes to BNP Paribas Securities Services’ senior management in recent months.
The mandate continues SS&C’s strong momentum set in 2019, after winning several high-profile outsourcing deals across traditional and alternative fund management.
Acquisitions, high-profile hires and a new securities lending offering have been among the highlights of MUFG’s first year under new investor services chief John Sergides.
State Street has seen several senior technologists leave over recent months, while also appointing a new CIO following a review of its tech strategy.