BNY Mellon’s Alternatives Investment Services chief departs
The AIS division has fast emerged as a key strategy area for the bank’s fund administration business as it looks to target alternative investment managers.
Tag: private equity
Northern Trust creates new head of US private capital fund admin role
Evans will focus on growing Northern Trust’s global capabilities for real estate, private debt, infrastructure and both traditional and hybrid private equity funds.
Citco flies the flag for organic fund administration growth
Fund administrator hits new highs with $1 trillion in AuA through growth in private capital and the APAC region.
MUFG Investor Services continues build out of US real estate and private equity sales team
MUFG has looked to increase its presence in the illiquid alternatives fund services space, after it hired two senior private equity fund services executives last year.
TMF Group acquires State Street’s Channel Islands fund admin business
The deal will include State Street’s private equity and real estate (PERE) fund servicing units in the Channel Islands.
Fund Administration
New fund manager research from State Street gives Britain a hint of hope post-Brexit
Within an overall negative outlook for Britain's fund management sector post-Brexit, State Street finds some optimism in its latest research.
Apex appoints former KPMG partner to drive US private equity sales
Emmanuel Tuffuor will help develop both Apex’s private equity administration offering in Northern America and build out its tax service capabilities globally.
BNP Paribas Securities Services creates head of alternatives role for Asia-Pacific
The hire marks BNP Paribas’ strategy to grow its fund administration business for hedge funds and private capital funds for the region.
SS&C completes $1.5 billion takeover of Intralinks
The compleition of the takeover provides SS&C one of the most-used communications platforms used by private equity and hedge fund managers.
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.