Advanced Search

v2.0

Domicile

5 minutes with… Will Roxburgh, Khepri

The managing partner talks MJ Hudson management buyout origins, the market consolidation in fund administration and its consequences for the rise of boutique firms

Stake a chance on… Scarcity Partners

The firm uses an evergreen structure to slow-cook emerging managers in a land down under

5 minutes with… Joanne McEnteggart, IQ-EQ

The global head of debt, capital markets and corporate at IQ-EQ talks about private debt challenges, prioritising talent and Ireland’s prospects as a fund domicile

Palmer launches in Madrid

Fund administrator led by ex-Sanne execs expands its European presence

Ocorian acquires Bovill

Fund administrator adds regulatory consultancy firm into its compliance offering

Sweet sorrow

The alluring attraction of semi-liquid strategies brings with it a cautionary 
tale of liquidity (mis)management

Apheon promotes seven

John Mansvelt is now COO as Loïc Cerfontaine succeeds him as CFO

ATOZ Services swallows up Fund Solutions

Corporate and tax services provider aims to build out its fund admin capabilities

Adepa acquires Fidupar

Two Luxembourg fund admins combine

Alchelyst partners with Goji

Fund admin adopts fintech technology to help digitalise investor onboarding

Discovery gone digital

VC fund-of-funds AlphaQ has launched AQVC discovery platform, a digital hub connecting LPs, GPs and service providers

Highvern expands to Guernsey

Company launches fund admin business after building out its private wealth expertise

Deloitte acquires Alto Advisory

Lux-grown target company assists management companies and depositaries with fund oversight activities and regulatory functions

Catalysing fund administration

Independent fund administrator Alchelyst emerges in Ireland and aims to differentiate itself through employee ownership, state-of-the-art tech and close-quarters service culture

A&M Tax appoints ASEAN tax lead

Singapore-based Shantini Ramachandra was previously a partner at Deloitte

Goodwin expands Luxembourg funds team

Baker McKenzie’s Julien Schraub and Deloitte’s Céline Moille join as counsel while Philip Spilberg is promoted in the private investment funds practice

Alter Domus launches ELTIF fund admin service

The added functionality supports the administration of private market open-ended funds and includes liquidity management support

Profile: John Mansvelt, Apheon

CFO and AIFM conducting officer tells the story of his transition from audit to PE, his key governance duties and shaping a new cultural identity

Operational utopia

If operations professionals made all the decisions, what would the perfect PE firm look like?

Got Your Back acquires Nordic Depositary Services

Fund administrator expands capabilities in real estate and infrastructure depositary services

Apex engulfs Edmond de Rothschild’s asset servicing line

The acquisition of EdR’s Luxembourg PE fund admin division represents Apex’s latest takeover

The ELTIF on the shelf

ESMA’s final draft ELTIF Regulatory Technical Standards have been released, subject to the European Commission's approval

Nikko plans Tikehau stake

The anticipated acquisition is said to be accompanied by the establishment of a joint venture, which focuses on investments in Asia

Depo mode

Do depositary services add value to PE firms?

Postcards from Portugal… Domicile drop

A post-summit debrief on alternative Luxembourg structures

Vistra acquires Kroll’s Lux ManCo

Fund admin aims to support loan secondaries market through Kroll’s AIF and UCITS licences

Altum secures Irish TCSP licence

Gaining a presence in Ireland expands the fund administrator’s existing European presence

The UK’s nice green labelling machine

Response to FCA’s SDR positive as regulatory arbitrage remains around applicability to overseas funds, portfolio management and practice of its highly anticipated anti-greenwashing rule

Hillhouse opens London office

The London operations team of the investment firm will be led by vice president Hallie Fishman

SDR policy launched

The FCA is introducing an anti-greenwashing rule, four product labels and marketing requirements for investment funds

Luxembourg’s private debt industry expands

According to a KPMG survey, AUM grew by 51% during the last year; changes in fund vehicles but LP base largely unchanged

Home game Sweden

A change in tax legislation and ethical considerations are leading Swedish PE firms to onshore their funds

JTC acquires Blackheath

Fund administrator expands its ManCo services for UK-based funds

Exponent opens Dublin office

Formerly COO at BlackRock, Jacqueline Flynn to head up the new shop as director of operations

Budget breakdown

The Drawdown watched the UK's Autumn Statement so you didn’t have to

Southern Europe: Structures to suit all tastes

Variety is indeed the spice of life when it comes to fund 
domiciles across Southern Europe

Cayman Islands removed from FATF’s grey list

Effective prosecution of financial crimes was key element to de-list but domicile stays on EU’s AML blacklist

Hawksford acquires Paradigm

The fund administrator is expanding to the Cayman Islands

There and back again

Matthias Plötz reports on the success or otherwise of German GPs´ Luxembourg holidays

Unrealised potential

The ILP has not yet led to a surge in funds being domiciled in Ireland, writes Jon Whiteaker

Island appeal

The Channel Islands have established strong reputations 
as domiciles and intend to keep them

ESMA prioritises cyber risks

Digital resilience, including cybersecurity risk management, will be a key priority for the Authority

Wheels in motion

The UK is working hard to restore its attractiveness as a domicile post-Brexit but it’s not there yet

Apex acquires Watermark

The fund administrator has infiltrated the Portuguese market

Raising the Liechtenstein flag

LGT’s Julien Ward and Bjoern Kogler explain the unique advantages of domiciling in Liechtenstein

Breaking the mould

Does Luxembourg deserve its position as the default domicile in Europe or should GPs be more willing to consider alternative jurisdictions?

CMA publishes Green Agreements Guidance

GPs and LPs are unlikely to infringe upon UK competition law for pursuing environmental sustainability agreements

Kirkland sets up in Riyadh

Corporate partner Kamran Bajwa to lead the office

European Parliament rejects ESRS objection

MEPs call for private sector to contribute to corporate sustainability transparency

Profile: Gerwin Theiler, capiton AG

The CFO and partner reflects on how the industry has changed and talks shop about continuation vehicles and succession planning

ICG appoints head of Luxembourg

Hind El Gaidi joins from her previous role as head of financial information and valuation at Astorg

Universal Investment’s COO heads up Luxembourg

Etienne Rougier aims to help with UI efa’s growth

Socium Fund Services launches loan agency and administration services

The Suntera Global-owned fund administrator extends its product offering to private credit firms

DIY in the wild wild East

Across Lebanon and Palestine, enterprising GPs are piloting their industry with no legislative framework or operational ecosystem, as Matthias Plötz investigates

Deutsche Beteiligungs AG acquires Elf Capital

The German asset manager will also co-invest up to €100m into Elf Capital’s funds

Altum Group granted UCI extension

The extension to the Undertaking for Collective Investment allows the company to offer its services to all alternative investment funds

Apex establishes presence in Korea

Non-executive director Simon Hurst will advise on the office launch

Govern up

Shaking off reputation by association can be tough in emerging markets

Profile: Yacine Zarrouk, Ardian

Head of Ardian Abu Dhabi reveals to us the strategic aspects of setting up a regional office in the UAE

GP Fund Solutions anchors in Ireland

Fund administrator is the latest non-European player to make a move into the bloc, following the news of Crestbridge and Altum in July