Maitland Gets AIFMD Authorization in Luxembourg
The new Maitland AIF platform, MS Sicav SIF, will allow alternative fund manager clients to set up their own branded sub-funds on the platform, allowing them to market and distribute to professional investors in the European Union while complying with the AIFMD.
“This development completes our comprehensive end-to-end fund services offering in Luxembourg," says Steve Georgala, CEO of Maitland. "We have operated in the country since 1976 and there is no doubt that Luxembourg has become the premier jurisdiction for domiciling alternative investment funds. It sets exacting requirements and demands high standards of skills and experience, substance and reporting transparency. This provides investors with the comfort they are demanding in the wake of the global financial crisis.”
Fund managers that are affected need to apply for authorization to operate as an AIFM by July 22.
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