Northern Trust has become the custodian-of-choice for UK local government pension funds, having won eight other LGPS mandates.
CACEIS adds Crédit Agricole investment banking head in private equity division.
The launch comes one year after Northern Trust partnered with IBM in first commercial deployment of blockchain for the private equity market.
The appointment comes off the back of a need for more client management roles in private equity administration, as outsourcing continues to increase.
Charles Gubert summarises the key takeaways from the annual Super Return conference in Berlin, and looks into they key trends for private equity investing.
New private equity mandates in the US, Europe and Asia-Pacific helped offset negative flows in global macro and multi-strategy fund managers.
Deutsche Bank's survey showed demand for hybrid private equity/ hedge fund vehicles have seen an upward trend, with 38% of respondents investing in these products.
Private equity assets made up a third of SS&C's $1.52 trillion assets under administration in 2017.
More private equity mangers are looking to outsource their middle- and back-office operations, after seeing an influx of institutional money into private equity assets.
[SPONSORED CONTENT] Global Custodian talks to NES Financial CEO, Michael Halloran, about how data can be leveraged and become a differentiator in the private equity world.