FNZ, a global wealth management platform, has agreed to acquire International Fund Services & Asset Management SA, a Luxembourg-based B2B fund platform, serving all types of investment funds, including hedge funds, private equity and venture capital funds.
FNZ, a global wealth management platform, has agreed to acquire International Fund Services & Asset Management SA (ifsam), a Luxembourg-based B2B fund platform, serving all types of investment funds, including hedge funds, private equity and venture capital funds.
The acquisition, which is subject to regulatory approval, will strengthen FNZ’s global client proposition for both asset managers and distributors, adding product, research, data and service solutions to its existing end-to-end wealth management platform. Clients and distribution partners will benefit from broadened access and expertise to service alternative asset classes.
ifsam is authorised by the Commission de Serveillance du Secteur Financier (CSSF). With a team of seasoned subject matter experts, the company offers the execution of subscription and redemption processes and the custody of fund shares for all types of investment funds, including alternative fund products.
Luc Duarte, managing partner at ifsam, will continue in his role and oversee ifsam’s existing direct relationships with over 30 distributors and 300 major asset managers globally.
