Brown Brothers Harriman has announced the launch of NAVqc, described as a new solution to help asset managers, management companies, and service providers more effectively fulfil their NAV oversight obligations across third-party administrators, while reducing cost and risk.
Jeff Drinkwater, Senior Director, Institutional Client Services and Todd Rosenzweig, Senior Director, Institutional Client Services, JTC Group, write that thanks to increased direct investor access to private funds and the sector’s reputation for high fees, fund of funds is on a fundraising slide. How can firms attract capital in a tough market?
IQ-EQ has announced the strategic acquisition of South Watch LLC, a boutique provider of comprehensive fund administration, outsourced CFO support, and tax preparation services to hedge fund managers in the United States and Cayman Islands.
Apex Group has announced it has been selected by Coinbase Asset Management (Coinbase AM) – to provide fund administration services, delivered by Apex Malta, specifically tailored for digital asset strategies and its newly announced Coinbase Bitcoin Yield Fund (CBYF).
Waystone has announced that it is set to acquire BIL Manage Invest from Banque Internationale à Luxembourg (BIL) Group, subject to regulatory approval.
Accelex and FactSet have published a new research report that reveals how the rapid growth of private markets is intensifying data challenges for fund administrators.
