Aztec Group, an international fund and corporate services provider, has launched its Alternative Investment Fund Manager (AIFM) service in Luxembourg.
The strategic offering consists of a broad range of services required by alternative investment managers seeking to establish and manage European alternative investment funds, including marketing, compliance, risk management, regulatory reporting and portfolio management.
Partnering with a third-party specialist removes the need for promoters to set-up their own regulated manager and can provide a more efficient and streamlined route to EU capital.
The addition of AIFM services significantly strengthens Aztec’s proposition. Delivered as part of a wider offering comprising fund and corporate services, depositary services and an array of tax and regulatory services, it means the Group is now able to act as the single outsourcing partner for alternative investment managers of European funds.
Paul Conroy, Aztec Group Head of AIFM Services, said: “The set-up and ongoing operations of a regulated AIFM can be both complex and expensive. For this reason, we’re seeing more and more investment managers take the third-party AIFM route to market, leveraging the local presence and specialist expertise of an outsourcing partner.
“The introduction of our AIFM service marks a pivotal expansion of our offering, enabling us to take care of our clients’ full suite of operational and regulatory requirements and deliver the continuity and convenience that comes with working with a single trusted partner.”
