Fund admin & investment ops

FundRock to buy SEB Fund Services in Luxembourg

FundRock Management Company SA (FundRock) has signed a share purchase agreement with Skandinaviska Enskilda Banken AB (publ) (SEB) to buy the latter's wholly owned subsidiary, SEB Fund Services SA, in Luxembourg. SEB Fund Services offers third-party management company services to Nordic asset...
Ipes strengthens leadership team in Jersey

Ipes, a provider of outsourced services to private equity in Europe, says it has strengthened its senior team in Jersey with the creation of new roles and new appointments. Senior Managers Gary Ayres and Vimbai Bundu-Kamara have been appointed as Operations Directors and have joined the Jersey...
Loan administration must improve

Private credit managers say that loan administration needs to become more robust in order to meet the rising demand for loans in a new report by the Alternative Credit Council (ACC), the private credit affiliate of the Alternative Investment Management Association (AIMA). Some 90 percent of private...
Pershing adds Capital First Trust Company

BNY Mellon's Pershing (Pershing) has this week announced that it has added Capital First Trust Company (Capital First) to its Trust Network. Capital First focuses on special needs trusts, an area of growing interest for Pershing clients. This latest addition brings the total number of providers in...
ZEDRA acquires Quaestum


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