Sanne: Best Administrator – Hedge funds reinforced their value as risk managers in times of volatility and market shocks. Their position in the market will be further strengthened as market intelligence shows investors most likely will be increasing their allocation to these funds.
Sanne, a global provider of alternative asset and corporate administration services has become the first successful applicant to secure a much-anticipated specialised depositary licence from the Central Bank of Ireland. Obtaining this licence further enhances Sanne's capabilities in Ireland and its multi-jurisdictional proposition for alternative fund managers.
Leading global investor services group IQ-EQ has today announced plans to expand its Irish operations with the launch of a dedicated Funds business in Ireland.
The “private debt” bucket within the fund industry has seen tremendous growth, opportunity, and evolution over the last few years, with no signs of slowing down. The definition and composition of the private debt space has expanded in both breadth and depth, which has led to exciting operational considerations.
UMB Fund Services has been retained to provide fund administration, accounting, transfer agency, distribution and custody services for the Hamilton Lane Private Assets Fund (PAF), which merged from a private to registered product to become the firm’s first US evergreen fund.
Fund administration provider Phoenix American has formed a new partnership with Pennsylvania-based life settlement company Lighthouse Life Capital.
Sudrania Fund Services Corp (Sudrania), a cloud-computing enabled fund administrator, has acquired the primary assets of Triple Leo Consulting (TLC), a Philadelphia-based fund administrator that specialised in crypto and digital assets fund administration.
Castleton Commodities International (CCI), a global energy commodities trader, has selected OpenGamma’s analytics to optimise its margin requirements.
NAV Fund Administration Group: Best Administrator – Middle-Office Services – Over the coming year, the hedge fund industry can expect further development in the area of technology, and in particular advancements including accelerated report delivery cycles, more efficient transaction processing, and enhanced data security.
Horseshoe Fund Services: Best Offshore Administrator – Hedge fund managers are seeking fresh ideas to achieve position returns. This need has driven significant growth in private lending/specialty financing, including real estate loans, peer-to-peer lending and merchant cash advances.