MUFG Investor Services appoints Sergides to permanent CEO role
Sergides served as a joint deputy CEO since July after Mark Porter decided to step down and take on an advisory role.
Tag: Fund administration
Ultimus Fund Solutions and Gemini to merge following private equity backing
The combined compan will hold approximately $150 billion of assets under administration and service over 840 funds.
Northern Trust processes first DLT capital call for venture capital fund
Northern Trust launched the first commercial blockchain solution for private equity administration in 2017, and earlier this year won US patents for two additional services on the platform.
Centaur Fund Services and Circle Partners become latest NAFAA members
NAFAA’s membership also includes Ultimus Fund Solutions, Apex Fund Services, Stone Coast Fund Services, Basiz Fund Services and North Street Global.
Euroclear UK and Ireland onboards independent fund administrator
Euroclear’s investment fund services offering provides end-to-end automation for order placement, settlement and asset services.
SS&C GlobeOp appoints new country head for Luxembourg
Haggart previously served as head of fund accounting, and prior to joining SS&C in March 2017 he spent almost nine years at EY in Luxembourg.
Private equity managers eye new technologies to mitigate impending costs
Private equity managers are increasingly turning to administrators and their ability to introduce new technologies to deal with mounting operational requirements.
Fund administrators step up to the crypto challenge
Fund administrators have begun offering crypto services to new funds, presenting the service providers with a whole new world of challenges.
Ultimus joins US fund administration association
Ultimus is now the fifth administrator to join the association, founded by former JP Morgan, Citi and State Street fund services veteran Chris Meader.
Northern Trust wins global custody mandate for $7.7 billion trust funds
The deal marks a significant milestone for Northern Trust’s aim to grow its collective investment trust fund services business in the US.