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Intelligence

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TIAA-CREF’s Covariance appoints chief executive

Covariance Capital Management, a provider of outsourced endowment management services to educational, healthcare and other non-profits, has appointed Kevin Nee as chief executive officer. Nee will be responsible for the strategic leadership of the business, including new business development and day-to-day oversight of operations and finance.   Scott W Wise,

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Neuberger Berman Private Equity exceeds USD1bn of committed capital from Japan and Korea

Neuberger Berman Private Equity has exceeded total committed capital of USD1 billion from Japanese and Korean investors. Neuberger Berman managed approximately USD31 billion in alternatives assets for institutional and individual investors as of 30 June 2014.     "We are very pleased with continued client interest in our private equity capabilities,

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TMF Custom House Global Fund Services names Kevin Walsh as COO

TMF Custom House Fund Services, a provider of fund administration services to the alternative investment sector, has appointed Kevin Walsh as chief operating officer for fund services. Walsh is based in Dublin.   "Kevin brings over 20 years of experience in the funds industry to TMF Custom House and will

Peter Hugh Smith named MD of Capita Financial Managers Limited

Peter Hugh Smith is to join Capita Asset Services as managing director of Capita Financial Managers Limited in November 2014. He joins from WAY Fund Managers where he has held the position of CEO since August 2012.   Chris Addenbrooke, chief executive of Capita Asset Services’ fund solutions arm, says:

Apollo Credit launches retail sector investment JV

Funds managed by affiliates of Apollo Global Management have launched Alteri Investors, a joint venture focused on financing opportunities arising across performing, stressed and distressed retail sector situations in Europe. Structured as a partnership between funds managed under Apollo’s credit business (Apollo Credit) and a team led by former GA Europe chief

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Deal maker McCaig appointed Pinsent Masons Glasgow chief

International law firm Pinsent Masons has appointed corporate dealmaker Barry McCaig to head up its 280-strong Glasgow office. McCaig has been with the firm for 14 years since qualifying as a lawyer and is one of 11 Pinsent Masons partners and directors in Scotland.   In the last year he

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Chelverton Investor Club completes second investment

Chelverton Asset Management (CAM) has completed the acquisition of Electrobase RP Limited for GBP3.9 million, its second transaction since the launch last year of its Investor Club proposition.  Chelverton Investor Club has raised GBP2m of equity from its high net worth membership towards the transaction, together with an institutional investor

Tikehau IM closes senior loans fund at EUR230 million

Tikehau IM has held the final closing of its latest senior leveraged loans fund, Tikehau Corporate Leveraged Loan Fund (TCLLF), at EUR230 million, lifting the amount of AUM in its senior leveraged loan strategy to more than EUR700 million. Tikehau IM sourced commitments from about 10 institutional investors, most of

Laurent Vanderweyen, Alter Domus

Alter Domus launches new corporate identity

Alter Domus, a provider of fund and corporate services dedicated to private equity and infrastructure houses, real estate firms, multinationals, private clients and private debt managers, has unveiled a new corporate identity. Alter Domus says it wants to clearly express who it is, what it does and how it is

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Miranda Lansdowne appointed managing director for JTC Luxembourg office

Miranda Lansdowne has been appointed managing director of the JTC Luxembourg office.  Lansdowne recently relocated from Jersey to Luxembourg to head up the JTC office in Europe’s largest fund domicile.    Lansdowne has worked at JTC Group since 2007 as a group director of fund services overseeing the management of

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