Global investment solutions provider Russell Investments has been appointed by the Wales Pension Partnership (WPP), the pooling entity for the eight Wales LGPS funds, to develop a private credit investment programme following a competitive tender process, run by bfinance and Carmarthenshire County Council (the host authority). The appointment expands WPP’s

NatWest Trustee and Depositary Services is continuing its relationship with Foresight Group LLP after being appointed the UK depositary for JLEN Environmental Assets Group Limited (JLEN). The appointment builds upon RBS International’s partnership with JLEN, where just last year the leading institutional banking provider committed a £34 million contribution to

Almost half of financial services firms (44%) are planning to invest more in RegTech solutions in the next 12 months to cope with the growing pressure on the compliance function in this fast moving and increasingly complicated regulatory and operational landscape.  A further 41% expect to invest the same amount

HSBC Asset Management (HSBC AM) is creating a new unit, the Capital Solutions Group (CSG), to sit within its alternatives business, HSBC Alternatives. The CSG will raise funds and create bespoke offerings in private and sustainable assets delivering flexible capital solutions for both institutional and wealth clients of HSBC Asset

Prometheus Alternative Investments, a Los Angeles-based fintech social marketplace providing institutional-quality information, insights, and alternative investment opportunities, has launched a new social network and digital fund marketplace. Prometheus allows investors of all types to connect with leading investment professionals through their in-platform social accounts. Investment professionals can create exclusive and

Temenos has launched Multifonds Navigator, a simple and cost-efficient NAV oversight and contingency solution for asset managers who outsource their fund accounting operations to third-party administrators.

MJ Hudson, an end-to-end solutions provider to the asset management industry, has formed a strategic partnership with financial and operational restructuring adviser, Cork Gully. The partnership has been formed to provide a range of services to private markets fund managers, investors and related parties, including the replacement of a general

Gen II Fund Services (Gen II), an independent fund administrator in the alternative investment space, has selected NTT Ltd as its managed cloud services provider.