For alternative investment fund (AIF) promoters aiming to domicile and market their AIF in Europe, choosing to outsource key AIF manager (AIFM) functions to a specialized provider of third-party management company (ManCo) and AIFM services emerges as a swift, cost-efficient, and compliant pathway to cross-border distribution.
- Capital Raising Optimization: Utilizing the AIFM’s marketing passport provides an effective EU-wide distribution channel through a single point of contact.
- Fund Manager Time Optimization: Establishing a proprietary ManCo demands considerable resources, time, and expense.
- Operating Cost Reduction: Outsourcing to an experienced third party is more cost-effective than maintaining an in-house ManCo.
- Access to Expertise: AIFMs boast teams of compliance and accounting experts skilled in AIF compliance and local requirements.
- Market Speed: AIFMs provide a ready platform with necessary legal documentation and service providers for quick fund setup and launch.
- Risk Mitigation and Liability Reduction: AIFMs assume broad risk management responsibilities and liability for ensuring AIF compliance with fund documents and regulations.