Fund administrator Maitland has received approval from the Luxembourg regulator, CSSF Luxembourg, to offer alternative investment fund manager (AIFM) services to third-party alternative investment funds (AIFs), as well as to Maitland’s new AIF platform, MS SICAV SIF.
Through its subsidiary MS Management Services, Maitland will offer services including investment management services, administration services, governance, operational substance, reporting under AIFMD and oversight of all delegated functions from third-party AIFS.
The MS SICAV SIF platform is a multi-compartment specialized investment fund established under Luxembourg law, and it allows alternative fund managers to set up their own sub-funds and distribute them in the EU while in compliance with AIFMD.
“We are pleased to offer clients a simplified solution which removes the administrative burden. Through Maitland’s Luxembourg manco, fund managers now have access to a comprehensive platform for product construction and innovation in the EU and beyond,” says Kavitha Ramachandran, director of MS Management Services.
“This development completes our comprehensive end-to-end fund services offering in Luxembourg. We have operated in the country since 1976 and there is no doubt that Luxembourg has become the premier jurisdiction for domiciling alternative investment funds. It sets exacting requirements and demands high standards of skills and experience, substance and reporting transparency. This provides investors with the comfort they are demanding in the wake of the global financial crisis,” says Steve Georgala, CEO of Maitland.
Maitland Launches AIFMD Services
Fund administrator Maitland has received approval from the Luxembourg regulator, CSSF Luxembourg, to offer alternative investment fund manager (AIFM) services to third-party alternative investment funds (AIFs), as well as to Maitland's new AIF platform, MS SICAV SIF.
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