Fri, Apr 28, 2017
A A A
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. Opalesque Exclusive: Ex-Man manager combines sustainable investing with AI/ML[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Dr. Richard Bateson, quant fund manager and physicist, has recently

  2. Hedge funds holding Puerto Rico bonds are looking at a long battle[more]

    Komfie Manalo, Opalesque Asia: Hedge funds which bought Puerto Rico's distressed debt bonds are facing the prospect of a long road ahead to recover their investments as the Caribbean island is attempting to use a U.S. Congress-approved rule that allows it to exploit a bankruptcy-like proceedings

  3. Other Voices: "Winner-take-all" dynamics and hedge fund investing[more]

    A growing stream of thinking in microeconomics is the concept of "winner-take-all" dynamics. The idea seems simple. A combination of networking economics and classic economies of scale creates situations where there are just a few dominant firms or economic agents who are able to capture significant

  4. Investing - How Chipotle's comeback attracted big data robots and value investors alike[more]

    From Forbes.com: When William Ackman's ailing hedge fund Pershing Square Capital Management bet $1 billion on shares in Chipotle Mexican Grill beginning in July 2016, the stakes couldn't have been higher. Pershing Square was reeling from what would eventually be a near $4 billion loss in drugmaker V

  5. Service Providers - Colemore launches fee tracking service for limited partners[more]

    Following Colmore's successful launch in January 2017, the firm has announced the launch of FAIR.. FAIR is designed to help private equity investors independently validate fees and incentives charged by underlying managers, saving time and providing an extra level of comfort. There is a glob