FundRock will provide the legal and regulatory framework for the ICAV and undertake the delegate oversight of the sub-fund, the Primus Fixed Income Smart Beta Fund
Apex Group is set to acquire Banco Modal’s alternative fund administration business in Brazil
The Carlyle Group has reached an agreement with Calastone to acquire a majority stake in the business from its current shareholders, including Octopus Ventures and Accel
Apex Group has been named fund administration and corporate services provider to Lorax Capital Partners Fund II
Its Luxembourg funds are structured as Société d'investissement à Capital Variable (SICAV) and Fonds Commun de Placementvehicles
The fund is targeting special situations in the Gulf Cooperation Council and has already reached a total of $68 million in commitments from investors
As part of the mandate, Citi will provide fund administration, global custody, transfer agency and ETF services