Alter Domus to launch new AIFM management service offering

Luxembourg-based fund and corporate services provider Alter Domus has announced the launch of a new third party management service offering to managers of alternative investment funds (AIFMs).

Alter Domus has signed an agreement to acquire independent management company Luxembourg Fund Partners, which will allow it to provide set-up support, administration and management company services to international fund promoters.

Luxembourg Fund Partners was founded in 2009 by Luc Leleux and Julien Renaux and focuses on integrated investment fund services and asset management activities. It services asset managers, as well as institutional and private investors. 

Alter Domus CEO, Laurent Vanderweyen, said in a statement that the new offering will address the Alternative Investment Fund Managers Directive (AIFMD) and "provides a compelling offer to asset managers seeking a 'one stop shop' AIFMD solution across the European alternative funds market". 

The acquisition deal is subject to approval by the Commission de Surveillance du Secteur Financier (CSSF).

(Roxana Mironescu, roxana.mironescu@wort.lu, +352 49 93 748)