Antarctica Asset Management (UK) LLP as AIFM of New Luxembourg Based SICAV AIF

Aug 11, 2015, 12:25 ET from Antarctica Asset Management (UK) LLP

LONDON, August 11, 2015 /PRNewswire/ --

 

Antarctica Asset Management (UK) LLP is very pleased to announce that it has been authorized by the UK's Financial Conduct Authority (FCA) to act as a full scope alternative investment fund manager (AIFM) of a new investment vehicle set up and approved as SICAV by the Luxembourg regulatory authorities. 

The AIFM Directive offers a regulatory framework that benefits investors and strengthens the oversight of companies managing alternative investment funds. It enhances the transparency of fund management activities of AIFM-approved funds through increased risk management and reporting requirements. As a European Union alternative investment fund manager (AIFM), we will be looking to market EU Alternative Investment Funds (AIFs) via the pan-European marketing passport introduced by the Directive. 

The Company regards this approval as another milestone for the firm and an important step towards the service offering that it can provide to its existing as well as future clients. Adapting to AIFMD rules and standards has been a major focus for Antarctica over the past 12 months and part of the overall compliance effort of the firm, which has now been accomplished.  

Antarctica Asset Management 

AAM is dedicated to providing hedge fund investment solutions to its clients. The Group was launched in July 2001 and is independently owned. AAM consists of an established team of seasoned investment and research professionals with experience and expertise in multiple economic cycles. The Group consists of 27 people situated across offices in New York, London, Switzerland, BVI and Hong Kong, with assets under management of $1.5 billion.

For any further questions, please contact Antarctica Asset Management at: +44-207823-7902 or email ir@antarcticaam.com

SOURCE Antarctica Asset Management (UK) LLP