Two investment management firms have forged a partnership to offer a one-stop solution for ManCo services to its international client base of hedge funds, private equity and real estate funds.
Lawson Conner Group, a leading ManCo, compliance and regulatory outsourcing firm, is teaming up with Fuchs Asset Management, a management company, to expand its ManCo services into Luxembourg. Fuchs Asset Management is the asset management arm of a family-run finance group, located in Luxembourg, Belgium and Switzerland.
The partnership will give Lawson Conner’s clients access to integrated fund solutions and ManCo services in Luxembourg, including Alternative Investment Funds, Undertakings for Collective Investment in Transferable Securities (UCITS) and Reserved Alternative Investment Funds (RAIFs). Luxembourg is currently the largest fund centre in Europe and more than 75 per cent of UCITS funds distributed internationally are based in the country.
The move is a strategic decision for Lawson Conner to continue to offer the most flexible fund management options across the UK and European jurisdictions.
Clients of both firms will benefit from access to European markets and the partnership will harness the companies’ respective strengths across two main areas. Lawson Conner will continue to act as the leading provider of compliance and regulatory infrastructure to its clients, while Fuchs Asset Management will provide AIFM / UCITS compliance, risk, governance and portfolio management, as well as the ability to distribute funds to European investors through the Passport Regime.
Gerhard Grueter (pictured), Managing Director of Lawson Conner, says: “The demand from our clients to help them navigate through the ever-increasing complexities of fund management, compliance and regulations is a key driver for us to continuously find new solutions across our services spectrum. Today’s announcement of the partnership with Fuchs is another important step towards offering our clients fully integrated compliance and regulatory infrastructure solutions across different jurisdictions. This partnership will help us fully deliver on our strategy, giving us a strong set of new capabilities and robust foundations in a post Brexit environment. Fuchs Asset Management is the perfect partner to help us serve our clients in the long term.”
Timothe Fuchs, CEO of Fuchs Asset Management, says: “The relationship with Lawson Conner represents a powerful opportunity for Fuchs Asset Management to significantly expand our presence into the United Kingdom, a vibrant and very important market, and extend it to other parts of the world over time. Lawson Conner has clearly demonstrated its ability to apply its considerable resources and expertise to lead major market segments. We are excited to partner with Lawson Conner as we focus our combined energies to serve a broader range of clients in the fund management industry.”