The deal for the US alternatives fund administrator will add $140 billion in AuA and over 200 accounting experts to Alter Domus.
The acquisition will expand Alter Domus’ US footprint from Chicago into Boston, an important hub for the US private equity industry.
Private equity administrator covering Denmark, Sweden and Guernsey to be sold to fast-emerging fund services provider Sanne Group.
Acquisition adds to Apex’s Middle East offering which has been significantly strengthened in recent years.
As State Street celebrates its 50th anniversary in Europe, Middle East and Africa (EMEA), the development of locally-based solutions could be its greatest asset.
New chief executive for VP Securities as Euronext completes takeover announced in April.
Christian Sewing, CEO of Deutsche Bank, echoed comments he made at the institution’s AGM on consolidation for banks in Europe in the medium-term.
Euroclear had put on a hold a decision that would allow small shareholders to sell their stakes in the company in April.
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.
Heads of some of the most-active fund administration buyers in the industry tell Global Custodian the COVID-19 crisis will not deter those still looking to acquire.