Sign up for free newsletter

 

Andrew Shrimpton, global head of regulatory compliance at Kinetic Partners

Kinetic Partners helps Piquant Technologies become first UK hedge fund authorised according to AIFMD

Kinetic Partners, the professional services firm, has supported Piquant Technologies, a new UK-based quantitative fund manager, to become the first hedge fund authorised according to the Alternative Investment Fund Management Directive (AIFMD).

 
The directive, which came into force on the 22 July 2013, will change the way EU fund managers manage their alternative investments. 
 
Andrew Shrimpton (pictured), global head of regulatory compliance at Kinetic Partners, says: “It’s extremely rewarding for us to know that we have helped Piquant Technologies become the first hedge fund to be authorised by the FCA according to the EU AIFMD. To this end, we worked closely with a number of different parties to put in place the right structure and documentation needed to make sure that all of the regulatory and tax requirements were met. We were able to execute this quickly, with the transition from the original application to the new authorisation according to the AIFMD taking just three weeks.”
 
James Holloway, chief investment officer at Piquant Technologies, says: “As a new quantitative manager we have been able to take a fresh approach towards everything from our diversifying scientific models to the structure of our enterprise. This gives us a solid foundation for the future. Kinetic Partners have been instrumental in bringing Piquant Technologies safely and successfully through the launch process.”


Subscribe to free daily newsletter
latestjobs
Investment Banking Associate (Consumer)

Fri, 31 Jul 2015 00:00:00 GMT

Investment Banking M&A Associate

Fri, 31 Jul 2015 00:00:00 GMT

Lead Mobile Engineer – Mobile App Development

Fri, 31 Jul 2015 00:00:00 GMT

events
3 weeks 58 min from now - New York
4 weeks 1 day from now - Texas
5 weeks 2 days from now - New York
5 weeks 3 days from now - New York
specialreports