Cordium acquires accounting rival

• Cordium, a compliance and regulatory services provider, acquired London-based compliance and accounting firm Sigma Partnership. No financial details of the deal were disclosed but the acquisition was funded by Cordium’s private equity backer Sovereign Capital.

• Corporate and fund services provider JTC Group appointed Trevor Falle as a group director. Falle was previously the chief executive of financial services firm FirstRand’s offshore operations, which incorporates both investment management firm Ashburton in Jersey and fiduciary services provider FNB International Trustees in Guernsey.

• Ogier Fund Services developed a depositary service for private equity managers that fall within the scope of the Alternative Investment Fund Managers Directive (AIFMD), which requires GPs to appoint a depositary in order to be compliant with the legislation.

• Trust, fund and corporate service provider First Names Group agreed to acquire fund administration firm Citadel Services in Luxembourg. No financial details of the deal were disclosed.

• Search firm CTPartners hired Susan Baldwin as a partner in its life sciences and healthcare practice. Baldwin will be based in the company’s Chicago office. Previously, she worked at rival firm Spencer Stuart.

• Fund administrator Moore Group appointed new heads of Europe and Asia. Jon Trigg has been promoted to European head of fund services and Jean-Francois Minier promoted to Asia head of fund services.

• Stonehaven, a placement agent, brought on four sales professionals and one associate. The hires include Gerald Brant, who joins as director. He was formerly managing director of brokerage firm Tangent Capital Partners. Matthew Mlinarich, director on the alternative investments team, joins from engineering firm FCE Group. Joseph Azzaro joins as vice president from Deutsche Bank and Timothy Boardman joins as vice president from distressed debt firm MatlinPatterson. Lastly, Brittany Parisi joins as an associate from Barclays.

• Investment services firm BNY Mellon launched a service for fund managers that helps them identify, aggregate and manage the regulatory reporting requirements of the AIFMD. BNY Mellon will aggregate and collect the necessary data from designated sources and then populate the AIFMD Regulatory Report for the GP to review, approve and file with its regulator.