Apex Group to provide real estate clients with new technology solution
Collaboration signed with property management software company for real estate fund managers.
Collaboration signed with property management software company for real estate fund managers.
The appointment caps off a year of significant growth for Intertrust, which over the past 12 months has hired several hire profile fund services experts.
The mandate for Alpha Real Capital includes custody and depositary services for a newly launched UK property fund.
It is the first major mandate for the new Luxembourg-based division of Apex after it completed the integration of the Warburg business in February.
MUFG has made a big push in its real estate and private markets franchise in order to capture the market demand for limited partner services.
A number of bank-owned fund administration business are looking to capitalise on the rapid growth in private markets.
The win takes BNY Mellon’s global real estate fund platform to $130 billion of assets under administration, representing close to 80 funds.
Evans will focus on growing Northern Trust’s global capabilities for real estate, private debt, infrastructure and both traditional and hybrid private equity funds.
MUFG has looked to increase its presence in the illiquid alternatives fund services space, after it hired two senior private equity fund services executives last year.
The mandate will cover AMOAI’s first global Luxembourg-domiciled infrastructure debt vehicle, Cosmic Blue PF Lotus FCP.