The number of AIFMD third-party management company (ManCo)
platforms in Luxembourg has grown rapidly since the directive took
effect in 2013. According to the latest figures from
Luxembourg's regulator, the CSSF, there are currently more than
240 ManCos carrying full AIFM licences.
The growth was driven initially by the rush for AIFMD
compliance. Since then, increasing investor demand for alternative
assets in general and, more recently, uncertainty over Brexit, have
contributed to the expansion.
So what is a client looking for in an external ManCo platform?
According to Simon Donne, Head of Risk Management AIFM at
Intertrust in Luxembourg, its primary role is to provide clients
regulatory compliance, with as smooth cooperation between both
parties as possible.
