Opalesque Industry Update: Today, Kinetic Partners, the global professional services firm to the asset management, banking and broking industry, announces its acquisition of AB Fund Services, the Luxembourg-based fund advisory firm. |
AB Fund Services advises on regulatory and compliance requirements for investment funds domiciled in Luxembourg, with a particular emphasis on the risk management requirements of the regulator, Commission de Surveillance du Secteur Financier. It has an established reputation as a leading investment fund consultancy in Luxembourg, assisting funds in all of their infrastructure, risk management and operations needs.
The acquisition of the company marks an important milestone for Kinetic Partners, which has come to be recognised as the leading provider of advisory and consulting services to asset management firms and financial institutions worldwide.
The Firm's expansion into Luxembourg, the second largest investment fund centre in the world after the US, enhances the Firm's global service offering for clients who increasingly operate in multiple jurisdictions.
The office will provide support for global and local financial services organisations operating in Luxembourg, with a strong focus on regulatory compliance and risk management services. The service offering will be extended to include corporate recovery and forensic services in due course.