Page 9 - Intertrust Group News Today

Specialist fund admin roundtable: Technology and the human touch Lee Godfrey (Managing director, Western Europe, Intertrust Group) Stéphane Pesch (CEO, LPEA) Christian Heinen (Managing director, IQ-EQ Luxembourg) Noel Fessey (CEO, European Fund Administration) Fabrice Mas (Head of PERA, Luxembourg, MUFG Investor Services) Funds Europe – Within your firms, which is the single most complicated challenge that technology has helped solve in terms of carrying out administration for private market...

Crestbridge launches Irish operations Alternative fund administrator Crestbridge has opened an office in Dublin and hired two fund professionals. Andrea Lennon (pictured) joins as head of funds, Ireland, while Áine Hickey joins as head of risk and compliance. Lennon was most recently a director at FundRock Management Company in Dublin, and Hickley was business unit director at Intertrust Group from 2013 to the end of last year.  The Irish office marks the latest addition to the firm’s inter...

David Sarfas, head of private capital at Intertrust Group, discusses how robotisation and emerging technology is driving data management processes forward.

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Maples Group hires former Intertrust director to lead Dutch office  Since establishing operations in Amsterdam in 2015, the office serves as a cornerstone to Maples Group’s wider European and global offering.   February 19, 2021 3:00 PM GMT Maples Group has hired a former director from Intertrust as its new country head for the Netherlands, as it looks to bolster its offering to Dutch funds.  Yuri Schuurman joins the fund administration firm as a senior vice president and head of the ...

US private capital funds must invest US$3 billion over next five years to meet investors increasing demands for transparency, Intertrust Group says - 70% of CFOs at US private capital funds expect their investors to demand live or daily updates on portfolio performance and cybersecurity - Intertrust Group estimates US$5.5 billion will be needed globally News provided by Share this article  in the United States  face growing demands for transparency as mainstream investors increasingly turn to...

Private capital funds to spend billions on tech & outsourcing Private capital fund managers will spend several billion dollars so they can provide daily performance reporting and meet other transparency demands in the next five years, research suggests. Transparency demands extend to ESG reporting, cybersecurity and service level agreements and stem from a wider range of investors, such as pension funds, entering private markets. Two thirds of more than 300 CFOs at private capital funds globall...

Specialist fund administration: The brain gain for private equity fund admin There is no stopping private equity – or the specialist administration firms that provide services to private equity funds. There are said to be more than 2,000 specialist fund administrators, many rooted in the trust and corporate services sector that traditionally provides legal and accountancy work for ‘special purpose vehicles’ (SPVs) – the structures often used for private equity funds as well as wealthy i...

Fund administrator Crestbridge has appointed Alex di Santo as group head of private equity, taking over from Michael Johnson who has been promoted to group head of institutional services.

Crestbridge selects head of institutional services, head of private equity Alex Di Santo was named group head of private equity at Crestbridge. Mr. Johnsons role is new, a spokesman said. He leads the private equity and real estate administration firms private equity, real estate, management company, corporate and governance services teams. Mr. Di Santo replaced Mr. Johnson and is responsible for the development and implementation of Crestbridges private equity fund services strategy. He is als...