Private equity firm Apollo and Standard Chartered PLC have entered into a long-term strategic partnership to accelerate financing for infrastructure, clean transition, and renewable energy globally, based upon the origination and distribution capabilities of both firms, officials say. The agreement specifies that the British multinational bank and the sustainable investing platform Apollo Clean Transition Capital… Read More >>
Neuberger Berman Taps Arcesium for Specialty Finance Ops
Neuberger Berman Specialty Finance (NBSF) will be working with operational and data management technology provider Arcesium to help scale the investment manager’s asset-based financing strategy, officials say. NBSF will be using Arcesium’s Opterra and Aquata operational and data platforms, along with managed services, “to achieve a resilient and sophisticated operating model,” officials say. Arcesium’s platforms… Read More >>
TP ICAP Taps StanChart’s Digital Asset Custody Services
The London-based cross-border bank Standard Chartered and interdealer TP ICAP report that they plan to connect their digital assets offerings. The new collaboration will help common clients access Standard Chartered’s digital asset custody product and TP ICAP’s Fusion Digital Assets, a U.K.-based spot crypto-asset exchange, according to the announcement. The interdealer broker operates TP ICAP… Read More >>
Standard Chartered Evaluating Zoom & Google Hangouts
Standard Chartered is acting to review and approve secure web-based videoconferencing and related systems for its staff working remotely because of the pandemic, and the bank is still evaluating the services of Zoom Video Communications, a source familiar with the situation tells FTF News. Standard Chartered’s Zoom concerns came to light on April 14 via… Read More >>
Blackstone Hires from GE for New Infrastructure Push
Blackstone Names Head of Infrastructure Portfolio Asset Management Blackstone reports that Stephen R. Bolze, former president and CEO of General Electric’s power business, will join as a senior managing director and head of portfolio operations and asset management for its newly launched dedicated infrastructure business. Bolze, who will join Blackstone in October, will “partner with… Read More >>