Infrastructure Client Group

Room Zero Announces Deal With Jupiter Asset Management

Retrieved on: 
Wednesday, October 25, 2023
Software, Data Analytics, Finance, Asset Management, Data Management, Professional Services, Technology, Fintech, Infrastructure Client Group, Data, Jupiter Fund Management, Asset management

Room Zero, the provider of specialist software to the asset management industry, has signed a five-year deal with Jupiter Asset Management to consolidate assets under management and flow information into a single dataset.

Key Points: 
  • Room Zero, the provider of specialist software to the asset management industry, has signed a five-year deal with Jupiter Asset Management to consolidate assets under management and flow information into a single dataset.
  • Assets under management and flow data are typically managed separately by multiple teams in an asset management business.
  • As a result of the work with Jupiter, our software now accommodates sophisticated retail clients, as well as institutional asset managers.
  • As we continue to develop our business to better serve our clients’ evolving needs, we welcome Room Zero as a partner.”

ACORE Capital Hires Insurance Investment Leader Andrew Terry as Managing Director

Retrieved on: 
Monday, July 10, 2023
Commercial Building & Real Estate, Construction & Property, Insurance, Finance, Banking, REIT, Professional Services, Building Systems, Residential Building & Real Estate, Other Professional Services, Senior, AllianceBernstein, Consultant, Head, ACORE, BlackRock, Infrastructure Client Group, Hamilton College, Financial services, Schroders, Economics

ACORE Capital, LP (“ACORE”), one of the leading U.S. commercial real estate debt managers, is pleased to announce that Andrew Terry, former Head of Insurance at Schroders, has joined the firm as a Managing Director.

Key Points: 
  • ACORE Capital, LP (“ACORE”), one of the leading U.S. commercial real estate debt managers, is pleased to announce that Andrew Terry, former Head of Insurance at Schroders, has joined the firm as a Managing Director.
  • He will report to Michael Romo, Senior Managing Director and Head of Capital Raising.
  • “Andrew is a unique talent with deep relationships throughout the insurance industry,” said Warren de Haan, CEO of ACORE.
  • “ACORE has built a leading commercial real estate business that benefits from a sterling reputation and track record among insurance companies,” said Terry.

Citi Commercial Bank Launches New Digital Client Platform, CitiDirect® Commercial Banking

Retrieved on: 
Monday, July 10, 2023
Banking, Professional Services, Finance, Infrastructure Client Group, Partnership, Commercial bank, Treasury, Digital transformation, FX, CCB, Shenzhen City Commercial Bank, Ecosystem, Cryptocurrency, Tutoring, Citigroup

Citi has announced the launch of a new platform, CitiDirect® Commercial Banking, specifically to address the needs of Citi Commercial Bank (CCB) clients.

Key Points: 
  • Citi has announced the launch of a new platform, CitiDirect® Commercial Banking, specifically to address the needs of Citi Commercial Bank (CCB) clients.
  • CitiDirect® Commercial Banking brings together Citi’s global products and services into a single digital platform, providing clients with a 360° consolidated view of their Citi banking relationship across Cash, Loans, Trade, FX, Servicing and Onboarding.
  • The CitiDirect® Commercial Banking platform has been created in close collaboration with CCB clients, and as a result offers an intuitive and seamless digital experience.
  • We anticipate that CitiDirect® Commercial Banking will continue to evolve to support our clients as they grow their businesses globally.”
    Mark Sugden, Head of CitiDirect Commercial Banking & Digital Transformation, said: “Our new banking platform has been designed and built with a client-centric focus.

AXS Investments Names Industry Veteran Brett Wright Head of Distribution

Retrieved on: 
Thursday, April 6, 2023
AXS, Investment, Infrastructure Client Group, NN Group, ETF, Federal Open Market Committee, Macquarie Group, Access, Executive Committee, Investment Company Institute, Knowledge, Growth, Trustee, Merrill (company), Security (finance), Financial adviser

NEW YORK, April 6, 2023 /PRNewswire/ -- AXS Investments, a leading alternative asset manager, announced that it has hired Brett Wright as Managing Director and Head of Distribution. Mr. Wright joins AXS on the heels of its expansion into new distribution channels and its fast-paced growth, leading all firms in the $1 billion to $10 billion AUM range in February 2023 inflows and garnering well over $350 million in new assets in February alone.

Key Points: 
  • Asset management and distribution executive joins leading alternatives manager, adding 20+ years of sales and distribution expertise to one of the fastest-growing asset management firms
    NEW YORK, April 6, 2023 /PRNewswire/ -- AXS Investments , a leading alternative asset manager, announced that it has hired Brett Wright as Managing Director and Head of Distribution.
  • He previously held the roles of Co-Head of Client Group and Head of Third Party Distribution.
  • "Brett Wright is an industry veteran with deep experience and knowledge of asset management distribution and an impressive record of success," said Greg Bassuk, CEO of AXS Investments.
  • "We are delighted Brett has joined AXS Investments to lead our distribution efforts as we continue the rapid growth of our product lineup and our assets under management.

AllianceBernstein Announces New Leadership Appointments

Retrieved on: 
Wednesday, July 6, 2022
Wealth, Burke, Responsibility, National Operating Committee on Standards for Athletic Equipment, Market for corporate control, McKinsey & Company, Research, COO, Company, AllianceBernstein, CFO, AB, Strategy, NYSE, Head, Skaggs Institute of Retail Management, Leadership, Infrastructure Client Group, Management, Construction, Finance

NASHVILLE, Tenn. , July 6, 2022 /PRNewswire/ -- AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P. ("AB"), a leading global investment management and research firm, today announced new leadership appointments for the firm.

Key Points: 
  • Kate Burke now Chief Operating Officer and Chief Financial Officer; Onur Erzan now Head of Global Client Group and Head of Private Wealth
    NASHVILLE, Tenn., July 6, 2022 /PRNewswire/ -- AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P. ("AB"), a leading global investment management and research firm, today announced new leadership appointments for the firm.
  • "This leadership transition further positions AllianceBernstein to succeed in the future."
  • AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals, and private wealth clients in major world markets.
  • As of May 31, 2022, AllianceBernstein had $687 billion in assets under management.

Allspring Global Investments Hires Head of APAC ex-Japan

Retrieved on: 
Thursday, January 27, 2022
Professional Services, Finance, Infrastructure Client Group, Financial Services and Markets Act 2000, GTCR, CEO, LLC, AUM, Solution, CSSF, Investment, Risk, Commission de Surveillance du Secteur Financier, Research, Commission, FCA, Luxembourg, Communication, Financial services, Asia-Pacific, FSMA, Legg Mason, Financial adviser, Management, EEA

Allspring Global Investments (Allspring), the pure-play, independent asset manager with US$575 billion in assets under management*, today announced the appointment of Andy Sowerby as managing director, head of Client Group APAC ex-Japan.

Key Points: 
  • Allspring Global Investments (Allspring), the pure-play, independent asset manager with US$575 billion in assets under management*, today announced the appointment of Andy Sowerby as managing director, head of Client Group APAC ex-Japan.
  • Deirdre Flood, head of International Client Group at Allspring, said: I am delighted to have the opportunity to bring someone with Andys experience into the Allspring team.
  • Allspring Global Investments [Allspring] is the trade name for the asset management firms of Allspring Global Investments Holdings, LLC, a holding company indirectly owned by certain private funds of GTCR LLC and Reverence Capital Partners, L.P.
  • These firms include, but are not limited to, Allspring Global Investments (UK) Limited [Allspring UK] an investment management company, authorised and regulated by the UK Financial Conduct Authority (FCA), and Allspring Global Investments Luxembourg S.A [Allspring Luxembourg], authorised and regulated by the Commission de Surveillance du Secteur Financier (CSSF).

Citi to Exit Consumer, Small Business and Middle Market Banking Operations in Mexico

Retrieved on: 
Tuesday, January 11, 2022
Small Business, Banking, Professional Services, Finance, U.S. Securities and Exchange Commission, Technology, SEC, Small business, 8-K, Uncertainty, Infrastructure Client Group, ATM, TCE, Private banking, Sale, U.S. cities with teams from four major league sports, Investment, Drug, Bank, Citigroup, Grupo Financiero Banamex

Citi today announced that it intends to exit the consumer, small business and middle market banking operations of Citibanamex as part of its strategic refresh.

Key Points: 
  • Citi today announced that it intends to exit the consumer, small business and middle market banking operations of Citibanamex as part of its strategic refresh.
  • Citi will continue to operate a locally-licensed banking business in Mexico through its global Institutional Clients Group.
  • The businesses in the intended exit include the Mexico consumer and small business banking operations, reported as part of Citis Global Consumer Banking segment, as well as the Mexico middle market banking business, reported in Citis Institutional Clients Group segment.
  • The Mexico consumer and small business banking operations included in the intended exit represent the entirety of the Latin America Global Consumer Banking unit.