Latest News
Venture capital firm Scottish Equity Partners (SEP) has raised GBP260 million for its fund SEP V.
SEP V, which is one of the largest venture capital funds raised in Europe this year, was over-subscribed and closed above target.
It will be invested in high growth technology and technology-enabled companies based mainly in the UK and Ireland, although investments in companies in other European countries will also be considered.
Investors in previous SEP funds account for almost 90 per cent of commitments to the new fund, endorsing its strong investment track record and reputation. UK investors account for approximately 40
Timothe Fuchs (pictured) is the CEO of eponymous Luxembourg-based Fuchs Asset Management. With regulation becoming so vast and complex, especially in Europe, he is in no doubt that alternative investment managers need all the help they can get with respect to the day-to-day operational and compliance demands of running AIFMD-compliant funds.
"Managers are getting fed up with all the reporting obligations they need to face each day. Also, and equally important, they are looking to use the European passport under AIFMD, especially now with the Brexit decision, given that large European institutional investors prefer regulated fund structures," says Fuchs.
As
As asset managers face a barrage of global regulation and compliance demands, one of the biggest challenges they face is knowing who is responsible for the firm's data and where its source is located.
This requires having a proper data governance framework in place to control how and where data moves from source to a range of various outputs required for regulatory and fund distribution purposes.
Of course, this is easier said than done. Data is like water: one can never control exactly where it is going but one can at least funnel the majority of it and know where
Fund jurisdictions will need to keep their finger on the pulse of digital technology if they are to remain competitive over the coming years. Disruptive players are springing up on a daily basis offering innovative payment solutions, transaction solutions to improve efficiency.
Blockchain technology is set to be widely embraced by financial institutions. Just this week, Reuters reported that the first cross-border transaction between banks using multiple blockchain applications had taken place between Commonwealth Bank of Australia and Wells Fargo & Co.
Luxembourg is well aware of the challenges and opportunities that disruptive technology presents and recognises the key role
The introduction of the Reserved Alternative Investment Fund under the Luxembourg Bill of Law N∞6929 (Bill 6929) this year could be a game changer for the jurisdiction. In short, the RAIF is an investment fund product that removes the double layer of regulation. Rather, the regulation focuses on the AIFM and crucially, gives fund sponsors a quicker time to market.
"I would use two words to describe the RAIF: revolutionary and innovative," says Kavitha Ramachandran, Director of MS Management Services, a Luxembourg-based subsidiary of the Maitland group, a leading global fund administrator. "I say revolutionary because of the move away from direct product regulation and the short turn-around time
CACEIS offers private equity fund managers bridge financing solutions that allow them to delay the process of collecting capital commitments from investors, thereby enhancing the internal rate of return of the fund.
In such an arrangement, CACEIS provides Equity Bridge Financing to the manager – essentially a guaranteed line of credit – whereby the financing arrangement is agreed not on the asset but on the uncalled capital commitment from high quality investors.
"In other words, it is financing on the liability side of the fund rather than the asset side of the fund," comments Nicolas Palate, Head of Private Equity and
At SS&C Advent, an independent unit of SS&C Technologies who collectively support more than 10,000 customers worldwide, there has been, according to Jesper Steiness (pictured), Director of Global Accounts, a clear growth of interest among fund managers and service providers to improve automation with respect to alternative portfolio accounting and reporting.
This is happening at a time when alternative fund managers are converging in terms of the products they offer, with hybrid fund structures becoming a more popular feature of the landscape. But given the complexity of the assets, and the movement of cash flows within these structures, both managers
The recently introduced Reserved Alternative Investment Fund (RAIF) is compelling to fund managers because although it is not subject to direct supervisory authority from the CSSF, it is still a fully AIFMD-compliant product, benefiting from the European passport for marketing to professional investors in Europe.
"The time to introduce an unregulated AIF is a strong message and part of the construction of a new alternative investment fund norm in Europe," says Jean-Florent Richard (pictured), Head of Fund Engineering Services at BNP Paribas Securities Services, Luxembourg branch.
"The RAIF allows the bank to once again position itself as one of the
Luxembourg has deposited a new Bill of Law with the Luxembourg Parliament called the Reserved Alternative Investment Fund (RAIF) Regime. It is a regime that embraces the concept of AIFMD being manager-focused regulation. The RAIF, unlike the heretonow popular SIF, does not need to be under the direct supervision of Luxembourg's regulator, the CSSF. Instead, the RAIF merely needs to appoint an authorised AIFM, based in Luxembourg or any other EU jurisdiction.
This could be a key stage in the future development of Luxembourg as Europe's leading funds centre – and still the second largest fund centre in the world
Capital Springboard, a peer-to-peer invoice financing platform, has launched the Pentad Capital Springboard Class for accredited investors in Singapore, through its partnership with Centurion Portfolio Managers.
The fund provides exposure to Capital Springboard’s platform, which has transacted over SGD110 million on its platform since its pilot testing phase, via a Cayman administered fund structure.
“The feedback we have been receiving from investors and SMEs have been extremely encouraging. Investors are continually searching for yield and we’ve provided them a platform that not only provides quality investment but one that diversifies risk across their investment portfolio,” says Roger Crook, CEO
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
