Launching a compliant UCITS or AIMFD product independently can be expensive, onerous and once launched, very cumbersome. Rather than undertaking the launch and operation of product alone, many investment managers prefer to concentrate on their core expertise and outsource these responsibilities.

Our highly experienced operations team will guide you through the various steps to launching your fund either on one of our award winning platforms or on a standalone basis. The ML team is regarded as one of the most experienced in the European regulated structuring sphere and will help you launch your product faster, cheaper and more importantly, once launched, will keep it compliant to suit your investors’ requirements.  When partnering with ML Capital, the operations team will take care of the following for you:

  • Initial Due Diligence:
    • Strategy feasibility review
    • Review of manager operational readiness
    • Operational/Risk training
  • Project manage Sub-Fund launch
  • Facilitate the drafting of the Sub-Fund documentation.
  • Co-ordinate the regulatory approval for Sub-Investment Manager/Advisor and Sub-Fund
  • Market access:
    • Custody account opening
    • Prime Brokerage Agreements – ISDA, CSA
  • Build out the suite of marketing documentation.

Regulatory Support

  • IM/Promoter Licences
  • Provision of regulatory capital
  • Maintain PI/D&O cover
  • Ultimately responsible with Central Bank of Ireland
  • Local control functions  -Risk, Compliance, MLRO

Operational Support

  • Day-to-day operational support and issue escalation
  • Co-ordination of service providers: Administrator, Custodian, Trustee, Auditor, Directors  and Lawyers
  • Co-ordination of annual audit and interim financials
  • Invoice management
  • Management of fund documentation: Prospectus, Supplement and KIID’s

Distribution Support

  • Pan-European Country registrations
  • Third party platform setup – Fundsettle, CBL, EMX, Fund Wrap platforms
  • Tax Reporting
  • Platform website maintenance – NAVs, fund documentation
  • Periodic manager investment and operational reviews
  • Rebate management

Fiduciary Oversight

  • Monitoring compliance to UCITS rules and regulations
  • Monitoring compliance to investment restrictions outlined in the Sub-Fund’s Supplement Prospectus
  • Periodic reporting to the platform board
  • ML Capital principals sit on the platform board
  • Regulatory reporting

Please contact us should you want to launch a regulated fund structure.