Private markets investment firm Hamilton Lane is working with Clearstream, a post-trade services provider of Deutsche Börse Group, to bring Hamilton Lane’s European evergreen fund offering to Clearstream’s integrated fund distribution platform, officials say. The move is intended to “improve operational efficiency and provide access for a broader range of clients seeking private markets exposure,”… Read More >>
Voss Capital Taps SS&C GlobeOp for Fund Administration
Houston, Texas-based fund manager Voss Capital reports that it will be using SS&C GlobeOp as its fund administrator and other services from SS&C Technologies for its separately managed accounts, as the firm intends to streamline operations, officials say. “SS&C will provide a full range of fund services across two funds with $375 million in assets… Read More >>
N.Y. State Pension Fund Valued at $291B for Q2
The New York State Common Retirement Fund has an estimated value of $291.4 billion at the end of the second quarter of New York State’s fiscal year 2025-26, and fund investments “returned an estimated 4.13 percent for the quarter and 9.82 percent for the first six months of the fiscal year,” according to Thomas P…. Read More >>
Northern Trust to Help Avanda with MAS Mandate
Northern Trust officials say the custodian bank has expanded its fund services relationship with Avanda Investment Management and will be supporting Avanda’s implementation of the mandate granted by the Monetary Authority of Singapore (MAS). The MAS is Singapore’s central bank and integrated financial regulator, and it works with the financial services industry to develop Singapore… Read More >>
Boothbay Fund Management Taps SS&C GlobeOp
Boothbay Fund Management, a global multi-strategy alternative investment advisor, has selected SS&C GlobeOp as its fund administrator, according to SS&C Technologies. “Boothbay’s multi-manager platform has over $2.5 billion in assets under management across more than 140 separately managed accounts. The firm selected SS&C to help scale its operations,” according to the announcement. “As our business… Read More >>
Brandes Investment Partners to Use More Northern Trust Services
Officials at Northern Trust report that they are expanding their relationship with Brandes Investment Partners (Asia) Pte Ltd via global custody and fund administration services that will support the launch of the Brandes Global Value Fund in Australia. Brandes Investment Partners (Asia) Pte Ltd is part of the Brandes group of companies that includes Brandes… Read More >>
Morningstar Affiliate Renews Mandate with Northern Trust
Custodian Northern Trust will continue its asset servicing relationship with Morningstar Investment Management, and is supporting nine, multi-managed registered mutual funds with approximately $5 billion in assets under management (AUM), officials say. “This mandate recognizes the outstanding client service, data customization, and ongoing development we provide to support new regulatory changes and filings required of… Read More >>
Ultimus Expands Partnership with Xceptor
Ultimus Fund Solutions and Xceptor, maker of data automation platforms for financial markets, have expanded their six-year partnership to help Ultimus’ clients streamline operations and reduce risk, officials say. Ultimus offers fund administration, accounting, and investor solutions. The expanded partnership encompasses “global verticals and business lines” that use the data automation and reconciliation of Ultimus’… Read More >>
Syz Asset Management Taps CACEIS
Syz Asset Management has tapped the asset servicing banking group, CACEIS, created by Crédit Agricole and Santander, to provide custody, fund administration, and transfer agency services because CACEIS offers bespoke solutions, according to the firm, which is part of the Swiss family-owned Syz Group. “The mandate covers all of Syz Asset Management’s funds totaling over… Read More >>
Fundhost Outsources Key Services to SS&C
Fundhost Ltd., a boutique fund services provider to investment managers in Australia, will be outsourcing its unit registry and fund administration operations to SS&C Technologies, officials say. By turning to SS&C and its proprietary platform, FundHost will be streamlining its unit registry and fund administration operations. Fundhost provides “entity, trustee, fund administration, registry, compliance, operations… Read More >>
