Managers
On 10 June 2016, Malta burnished its reputation when the Malta Financial Services Authority (MFSA) launched the Notified Alternative Investment Fund (NAIF) regime through the publication of the Investment Services Act (List of Notified AIFs) Regulations in the Malta Government Gazette.
This sets the scene for fund promoters to launch AIFs through Malta by means of a light touch notification process without having to go through a full licensing process with the MFSA. Rather, the NAIF may be launched by full-scope AIFMs authorised by the MFSA under the Investment Services Act, who will shoulder the responsibility of oversight and compliance.
Whether it’s providing AIFM management company solutions, depositary lite solutions, or simply providing start-up managers with a high-touch level of service, Malta’s service provider community continues to evolve with the times.
The attractions of Malta's Notified AIF regime have been well documented in this report and whilst it presents a unique opportunity for authorised AIFMs, the regime will not necessarily be applicable to start-up and emerging managers.
These are very much the lifeblood of Malta. Catering to this market segment has helped to differentiate the island from other, more established fund jurisdictions. So whilst the NAIF regime is an important
Dr Louis de Gabriele, head of Camilleri Preziosi Advocates’s Corporate and Finance practice group, outlines the benefits of Malta’s Notified AIF (NAIF) regime…
"In my view, the main benefits are twofold," says Dr Louis de Gabriele, head of the Corporate and Finance practice group at Camilleri Preziosi Advocates, when discussing the newly introduced Notified AIF (NAIF) regime.
"Firstly, the NAIF regime will significantly condense time to market for these types of funds. Indeed, the MFSA has committed itself to list funds on the `Notified AIF List' within ten business days from the submission of a complete notification pack, which will
Apex Fund Services has been operating in Malta since 2008 and has seen, first hand, how quickly the island has evolved into one of Europe's leading onshore fund jurisdictions.
Following the chaos of the financial crash, start-up managers chose Malta because it represented a cost effective option. This worked to Apex's advantage but as Paulianne Nwoko, Managing Director of Apex Fund Services (Malta), points out: "Over the years, Malta has evolved into an established financial jurisdiction with a deep pool of professionals spanning all aspects of the funds industry; law firms, audit firms, fund administrators, and, to a lesser extent,
The shock Brexit result this June sent ripples across Europe as individual Member States absorbed the news. And whilst some jurisdictions have been quick to seize the initiative on the back of the uncertainty that UK firms face – especially as it relates to passporting for London's much lauded financial services industry – Malta is focusing on maintaining the harmonious relationship it has with the UK.
"We see ourselves partnering with UK operators to provide solutions to help them sustain their business models; we're not looking to try and take business away from the UK," comments Kenneth Farrugia (pictured), Chairman
Private equity fund manager and Enterprise Investment Scheme (EIS) and venture capital trust (VCT) specialist Calculus Capital has sold its stake in Metropolitan Safe Deposits to private investors, generating a 158 per cent return in the process.
Calculus invested in Metropolitan at 6.32p per share, in February 2012, selling its holding for 11p per share in September 2016, a cash on cash return of 1.81x including dividends already paid.
Including initial income tax relief available to investors through the deal, the cash on cash return rises to 2.58x.
John Glencross, Calculus Capital chief executive, says: “We invested in Metropolitan at
Bregal Unternehmerkapital has acquired a major stake in Swiss company Kunststoff Schwanden, a manufacturer of complex plastic parts and components.
As part of the succession plan, the previous owner Albert Kiener will still play a key role in the company.
Chief executive André Bermann and chief financial officer Martin Züger will acquire shares in Kunststoff Schwanden as well. They will both remain in their respective management roles. The participation of other members of senior management is expected.
The operating properties on the two sites, Schwanden and Näfels, will remain the property of Kiener and will be rented out
The Brexit vote is already leading to actions that are “silently killing” the UK’s technology sector, according to M&A advisory firm Magister Advisors.
A poll of the fastest-growing UK technology companies suggests that half the key talent on average is British, 30 per cent from other EU countries and 20 per cent from further afield.
The uncertainty generated by Brexit raises an immediate question mark over the future of half of the technology talent currently deployed in the UK’s hitherto thriving technology industry.
Magister Advisors also sees the impact of uncertainty immediately manifesting itself with fast
IK Investment Partners and Five Arrows Principal Investments (FAPI) have acquired I@D Holding, a services platform dedicated to the first network of independent real estate agents in France.
The founders Malik Benrejdal, Jade Benrejdal and Jerome Chabin as well as NAXICAP Partners, shareholder since 2012, are reinvesting 37 per cent alongside IK and FAPI.
Founded in 2008 with the ambition to offer an alternative way of buying and selling residential property, I@D is a fast-growing digital platform offering a large range of value-added support services to independent real estate agents. The company has grown to become the largest network
The Riverside Company has completed fundraising for Riverside Micro-Cap Fund IV (RMCF IV).
The international investment firm’s latest buyout fund closed at its hard cap with USD650 million in capital commitments.
RMCF IV invests in fast-growing North American companies with up to USD7 million of EBITDA.
RMCF fund manager Loren Schlachet says his team uses a time-tested approach.
“We work hard to harness the potential in companies by improving their systems, processes and leadership, with the goal of significant growth during the investment period,” says Schlachet.
The RMCF team has invested in over 50 platforms since
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
