Robert Quinn Consulting Limited (RQC) and Capricorn Fund Managers Limited (CFM) have partnered to create a unique new discretionary management regulatory hosting platform, Capricorn Regulatory Hosting.
Robert Quinn Consulting is a leading compliance consulting firm founded 12 years ago with extensive experience of FCA, SEC and CFTC compliance and offices in London and New York. Capricorn Fund Managers is part of the Capricorn Capital Group, an international family office with offices in London, Johannesburg and Hong Kong with a long history and speciality in alternative investments and backing fund managers.
The new platform brings together the alternative investment management and marketing experience of CFM and the compliance consulting expertise of RQC, a unique combination in the space. For managers, it is an opportunity to benefit from the enormous operational and capital-raising industry know-how of CFM founders Darryl Noik, Chief Operating Officer, and Jonty Campion, Business Development Director, whilst receiving “best in class” compliance consultancy.
The new platform will be able to provide firms with Appointed Representative Status. It will allow firms to undertake investment management and marketing activity in the UK. CFM will grant clients the use of its FCA regulatory permissions under its supervision. The provision of regulatory cover will be subject to initial due diligence and ongoing oversight. Each client will receive compliance expertise, regulatory advice and documentation throughout the process.
The platform will also offer AIFM hosting services. CFM will be the AIFM to the client fund whilst delegating the portfolio management function to the client.
Robert Quinn (pictured), founder of RQC, says: “We are delighted to partner with Capricorn on this extremely exciting joint venture. I have known Jonty Campion and Darryl Noik of Capricorn for a long time. They are industry veterans who really understand managers and are passionate about working with managers of the future and building a business together with them.”
Sarah Donnelly, Sales and Business Development Director at RQC, adds: “We believe that our compliance consulting expertise and their investment management experience and regulatory infrastructure are a winning combination.”
Jonty Campion and Darryl Noik say: “We couldn’t have chosen a better partner for this venture than RQC, who are the leading independent experts in the regulatory compliance space. We believe that together we can support our clients by ensuring they have the best guidance and the right infrastructure.
“Barriers to entry for emerging managers continue to be raised which is negatively impacting the pipeline of new talent into the industry. We believe this platform is an innovative and elegant solution to the issues many next generation managers face that will enable them to grow their businesses in the most dynamic and effective way.”