Augentius Fund Administration, a provider of fund administration services to the private equity and property fund sectors, has received final regulatory approval for the opening of its office in Luxembourg.
“We have had increasing demand from both existing and potential clients to open an office in Luxembourg” says Ian Kelly (pictured), partner and chief operating officer (Europe) and a director of Augentius Fund Administration (Luxembourg).
“The creation of the SICAR and SIF products and their refinement into sophisticated fund structures are proving increasingly attractive to the private equity and property communities. As a consequence it is important that we are represented in Luxembourg.
Augentius is well founded in Europe and started expansion into the Americas with its office in New York a year ago.
The firm is seeing demand for Luxembourg fund structures from both Europe and the US.
