TMF Group appoints new head of fund services for India
The hire follows a string of regional appointments for the global fund services business, as it now looks to capitalise on the growing Indian AIF market.
The hire follows a string of regional appointments for the global fund services business, as it now looks to capitalise on the growing Indian AIF market.
The rise in AuA follows a year after assets in alternatives investments reached an all-time high of $7.4 trillion in 2020.
The appointment aims to co-ordinate State Street's EMEA offering with its broader global strategy for alternatives investment manager clients.
Start-up fund administrator to focus on private equity and venture capital out of the Channel Islands.
HSBC established the private assets business in 2019 to capitalise on the huge growth in demand from investors in markets.
The Catalyst Group recently received approval from the Cayman Islands Monetary Authority (CIMA) to launch its new range of fund services.
The deal for the US alternatives fund administrator will add $140 billion in AuA and over 200 accounting experts to Alter Domus.
BNY Mellon has hired two former State Street executives to bolster its global consultancy and real estate services businesses.
Custodians have been expanding their Ireland footprint and are bolstering services with a focus on private markets and alternatives assets.
The acquisition will expand Alter Domus’ US footprint from Chicago into Boston, an important hub for the US private equity industry.