Corporate services provider Alter Domus has signed an agreement to acquire Luxembourg Fund Partners, subject to regulatory approvals from Luxembourg.
On completion of the deal, Alter Domus will be able to provide set-up support, administration and management company services to the alternative investment fund management sector.
Luxembourg Fund Partners was founded in 2009 by Luc Leleux and Julien Renaux as an independent management company focusing on integrated investment fund services and asset management activities. It offers investment solutions to asset managers as well as institutional and private investors.
Its Founder and Executive Board Member, Julien Renaux, commented: “The third party management company model has been defined as a turnkey solution for promoters looking for efficient solutions as part of their pan-European strategy and requirements under the AIFM Directive.
“Becoming part of the Alter Domus group gives our clients access to fund and corporate services across multiple jurisdictions, and provides us with a platform to build a regulated management company practice in Europe.”