Mon, Nov 30, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Finles Capital offers non EU managers AIFMD solution to access to European capital

Monday, June 30, 2014

Precy Dumlao, Opalesque Asia:

Finless Capital has partnered with IMP Professionals to develop a cost-efficient, one-stop-shop solution allowing non-EU based investment fund managers to raise capital throughout the European Union under the new legislation, the Alternative Investment Fund Managers Directive (AIFMD) which will come into full force on July 22.

The partnership of the two firms deploys a platform for funds and fund services next to managing a family of funds. Finles Capital Management is fully licensed and regulated in The Netherlands, and approved by the Maltese Authorities for managing Maltese UCITS Funds as well as registered with the SEC as an investment advisor.

Under the new EU legislation, investment fund managers that are domiciled outside the EU and that have not obtained a fund management license in a EU member state are no longer allowed to raise capital in the European Union after the deadline. There is a temporary escape as well as a structural solution though, say the two firms. The partnership has developed a business proposition for non-EU investment fund managers that intend to raise capital in the European Union under the recently implemented AIFM or UCITS Directives.

Robert Vennegoor, founding at Partner IMP Professionals, said, "We propose a most cost-efficient, one-stop-shop solution entailing: The turn-key efficient tax and legal structuring of a Netherlands-domiciled (SICAV or alternate) investment fund and its incorporatio......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November