Celsius Network, a cryptocurrency lending platform with over USD6.22 billion in lending to date, has partnered with Stonegate Global Fund Administration, a cryptocurrency fund administrator.Stonegate Global CEO, John McCorvey, says: “Celsius is a pioneer and leader in the crypto market
IQ-EQ has acquired Blue River Partners (Blue River), a US provider of outsourced solutions to alternative asset managers in a deal that IQ_EQ says makes it a major player in the US private equity and hedge fund services market. The newly
Hedge fund and private equity administrator, JP Fund Administration (Cayman) Ltd, has grown its Assets Under Administration (AUA) to more than USD5 billion, bringing the JP Integra group total AUA to more than USD6 billion. Dave van Duynhoven (pictured), head
Cayman Island’s based Paget-Brown Trust Company has implemented FundCount software to support its expanding fund administration business. Paget-Brown is using FundCount for the accounting and reporting of its investment fund clients. Automated processes for calculation of net asset value (NAV),
Smart, repeatable and “hands off” technology plays an ever-growing role in the delivery of fund administration services. Two primary drivers of a fund administrator’s success are automation and straight-through processing (“STP”). “Most funds would agree that their experience with a
Growth equity private investment firm FTV Capital has made a significant investment in hedge fund fund administrator and regulatory services provider Centaur Fund Services.
Fund Recs is to provide SANNE, a global provider of alternative asset and corporate services, with tailored reconciliation automation services through its Velocity fund administration software.Fund Recs, an established fund industry software provider, will work with SANNE to automate the
Interest in Ireland among private debt and private equity fund managers remains strong, especially with the highly anticipated amended Irish Investment Limited Partnership (ILP), scheduled to be formally approved later this year. This is good news for Ireland’s asset servicers.
A majority of alternative fund administration firms – 74 per cent – expect consolidation in the alts fund admin space, according to the just-released eVestment Alternative Fund Administration 2018 survey. This is up dramatically from the 47 per cent of
London-based asset management consultancy MJ Hudson is to acquire the Jersey administrator, Anglo Saxon Trust (AST), subject to Jersey Financial Services Commission regulatory approval and certain other conditions. AST is an established provider of company and trust formation, registrar and
