Page 8 - Intertrust Group News Today

Billionaire investor Carl Icahn has been a hard-charging shareholder activist for decades. At 83 years of age, he continues to battle corporate America...

Largest ever anti-money laundering penalty handed down by the Cayman Islands regulator The Cayman Island Monetary Authority (Cima) has imposed discretionary fines of CI$4.23m (£3.66m, $5.16m, €4.24m) on the corporate services arm of global financial services firm Intertrust for breaches of the island’s anti-money laundering regulations. It is the largest ever penalty handed down by the financial regulator for AML failings and was the result of Intertrust’s “pervasive and protracted his...

Investegate announcements from Intertrust Group, Intertrust Cayman receives administrative penalty

Results 2021 Annual General Meeting May 13, 2021 02:30 ET | Source: Intertrust Group Intertrust Group PRESS RELEASE: Amsterdam – 13 May 2021. Intertrust N.V. (“Intertrust”) [Euronext: INTER], a global leader in providing tech-enabled corporate and fund solutions to clients operating and investing in international business, announces that in the Annual General Meeting of 12 May 2021 ( 2021 AGM) the shareholders adopted all voting items on the agenda. At the 2021 A...

Intertrust Group To Facilitate MetLife Investment Management £117.5m Loan Package For English Football League Date 26/04/2021 Intertrust Group N.V. (“Intertrust” or “Company”) [Euronext: INTER], a world leader in providing capital markets services to clients in over 30 jurisdictions, has been appointed by MetLife Investment Management to facilitate £117.5m loan package to the English Football League.   Intertrust Group will provide MetLife Investment Management with security ...

Dubai: Family-owned businesses are often recognised as prominent participants in not only the GCC, but also in the wider global economy. But how did they come about playing an influential role, operate in the UAE and what makes them different from conventional businesses structures? What is a family business? A family business is any business in which two or more members of the same family are involved and most of the ownership or control lies within such a family. Family businesses...

Enhancing client data flows – the challenge for private fund CFOs In our Winter edition, GC presented the initial findings of its joint survey with Intertrust Group on the challenges ahead for private capital fund CFOs as they see them. With the survey now complete, what have we learned since then? Sponsored by Intertrust Group Chief financial officers (CFOs) of private capital funds readily admit that they expect investor demands fo...

Intertrust Group wins fund admin mandate from European private equity firm KLAR Partners  KLAR Partners closed its debut fund last month at a hard cap of €600 million, one of the largest European first-time funds raised in the last 10 years. April 14, 2021 12:37 PM GMT Dutch-based Intertrust Group has been appointed by private equity firm KLAR Partners as its new fund administrator and depositary services provider.   Intertrust will provide fund administration, depositary and SPV Managemen...

Intertrust wins private equity admin & depositary mandate Apr 13, 2021 By Funds Europe Private equity firm KLAR Partners, which said it had recently raised the largest fund in Europe during the Covid-19 pandemic, has appointed Intertrust Group as fund administrator. Intertrust will provide fund administration, depositary and management services for specialist purpose vehicles across Luxembourg and Sweden. KLAR Partners’ debut fund, KLAR Partners I, recently raised €600 million, which the ...

Firm has an ‘ambitious expansion strategy’ with plans to create an ‘international’ group Ludlow Trust has acquired the NatWest Group and Coutts UK trust business for an undisclosed sum. The firm is backed by the Wickers and Sarikhani families, with three former senior Barclays executives on the board. The management team comprises directors who previously worked at Vistra, Zedra, the Chiltern Group and the Intertrust Group. Ludlow Trust has been granted “trusted partner” status and ...