Duff & Phelps, the world’s premier provider of governance, risk and transparency solutions, today announced that it has been authorized by the Central Bank of Ireland as an Alternative Investment Fund Manager (AIFM) and Undertakings for Collective Investment in Transferable Securities (UCITS) Management Company (Super ManCo) in Ireland. The Super ManCo will complement a range of existing services provided by Duff & Phelps and will offer a financially robust, independent and economically viable solution, including an independent risk function, to support the ongoing management of regulated funds.
With the full scope of AIFMD and UCITS permissions, the Irish Super ManCo joins Luxembourg as the second hub in Duff & Phelps’ European operations to offer a full portfolio of independent fund management and hosting services, a key advantage given their status as the two leading cross-border fund domiciles.
Duff & Phelps leverages local and international experts to assist clients around the world with the launch and maintenance of both UCITS and AIFs. The Super ManCo will provide fully-fledged, cost effective and flexible management company solutions, servicing all investment strategies for both established and startup asset managers. It will be managed by a highly experienced Irish team linked into a global network of service managers, asset managers and an extensive investor client base.
Chris Lombardy, Head of U.S. Compliance and Regulatory Consulting at Duff & Phelps, commented, “As investment managers seek to diversify their portfolios and look at opportunities to raise capital in different geographies, they have to ensure they are compliant with the regulations of each jurisdiction. With the launch of our Super ManCo in Ireland, we can provide local substance and a range of additional functions and services to our clients in the U.S., EU and globally, including investment management, risk management, compliance, distribution and capital management. In addition, Ireland has a large network of tax treaties, is English speaking and its common law jurisdiction is similar to the U.S., making our Irish Super ManCo a superior solution for US clients looking to access the EU market to raise capital.”
About Duff & Phelps
Duff & Phelps is the world’s premier provider of governance, risk and transparency solutions. We work with clients across diverse sectors in the areas of valuation, corporate finance, disputes and investigations, cyber security, claims administration and regulatory compliance. With Kroll, the leading global provider of risk solutions, and Prime Clerk, the leader in complex business services and claims administration, our firm has nearly 4,000 professionals in 25 countries around the world. For more information, visit www.duffandphelps.com.