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. Terms of the deal have not been disclosed.
The funds industry in Malta has best positioned itself to attract business from fund managers falling out of the scope of the EU Alternative Investment Fund Managers Directive (AIFMD), managing portfolios within the small-to-medium sized space. This is the area
Dallas headquartered Strait Fund Services (STRAIT) has made a strategic hire in Houston, Texas with the appointment of Michael Barakat.With almost 20 years of financial services experience in creating and implementing compliance programs at institutional asset management firms, Barakat will
European Fund Administration (EFA) has appointed Cédric Jauquet as Head of Private Asset Services and member of the company’s Executive Committee. Jauquet (pictured), joins from Credit Suisse Fund Services Luxembourg, where he was Head of Private Equity and Real Estate
Apex Group (Apex) has completed the acquisition of Deutsche Bank Alternative Fund Services (Deutsche Bank AFS), adding USD170 billion in assets under administration to the Group’s portfolio in the process. First announced in October 2017, the acquisition of Deutsche Bank AFS
SS&C Technologies, a provider of financial services software and software-enabled services, today announced that innovative alternative asset manager, Global Merces, has selected SS&C Technologies’ investment accounting, asset servicing and mutual fund platforms, HiPortfolio and HiTrust. The expanded solution addresses a
Centaur Fund Services, an independent fund administrator, has expanded its US footprint with the opening of a new office in Fair Lawn, New Jersey. This expansion is in response to the growing demand for independent fund administration solutions from North
As with all companies, Covid-19 has presented a unique set of challenges to Opus, the fast-growing global fund administrator. But when Opus implemented its business continuity plan, it was more than just business as usual. The firm delivered 87% of
Sudrania Fund Services Corp (Sudrania) has released Seamless Impact, the latest version of its flagship fund administration platform, Seamless Investment Backoffice. Seamless Impact has been tailored to the needs of funds in the impact investment space – Community Development Financial Institutions
Emerging hedge funds risk getting lost in the melee as large investment banks streamline their service offerings. Banks are tightening their fees and raising restrictions on clients which is leading to smaller and start-up hedge funds being left in the
