Link Group launches new UCITS platform in Luxembourg
Link Group today announced the launch of a new UCITS platform domiciled in Luxembourg.
The new UCITS platform – Elevation Fund SICAV – enables investment managers to launch sub-funds in a faster and more cost-effective way, using Link Group’s scale, robust governance framework and investment in technology.
The move follows Link Group’s expansion into Luxembourg, Europe’s leading fund centre, having provided Management Company (ManCo) and Authorised Fund Manager (AFM) services in the UK and Ireland for over 30 years.
Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier, granted Link Fund Solutions (Luxembourg) S.A. a ‘Super ManCo’ licence in 2018, to provide UCITS ManCo and AIFM services.
Link Group is now one of Europe’s largest independent ManCo, AFM and alternative investment fund managers, with €139bn of assets under management and administration.*
The new platform is the company’s latest initiative to help fund managers set up regulated funds in Europe. Last year, Link Group launched a similar platform in Ireland – Elevation UCITS Funds (Ireland) ICAV.
The new umbrella fund will operate its first sub-fund for Stewart Asset Management, LLC, a US manager based in New York, and additional sub-funds will be launched in the future.
Jean-Luc Neyens, Managing Director, Link Fund Solutions (Luxembourg) S.A. said: ‘We are pleased to be in a position to offer our clients structuring solutions in the leading European fund centre. This comes from the deep experience and top-class infrastructure we have built in the funds industry, and we are looking forward to serving new clients with the Elevation platform in Luxembourg.’
*Figures as at FY2019
Communiqués liés
Drees & Sommer lauréat du Vision Zero Award
Drees & Sommer, société leader dans le conseil et la réalisation de projets d...
PwC Luxembourg welcomes New Head of Human Resources, Delphin...
PwC Luxembourg is delighted to welcome its new Head of Human Resources, Delphine...
BESIX RED relève les défis de 2023 grâce à l’unité e...
Malgré les défis sans précédent auquel le marché immobilier a fait face tou...
ION-owned LIST connects FastTrade electronic trading system ...
LIST, an ION company, today announces that it has successfully completed the cer...
Nomination de Benoît Piccart en tant que Head of Corporate ...
Après plus de 30 années chez Baloise, Marc Folmer, Directeur de la Gouvernance...
Votre monde, votre langue, votre assurance : l'Intelligence ...
AXA Luxembourg lance une initiative invitant les habitants et futurs habitants d...
Il n'y a aucun résultat pour votre recherche