TO SET UP YOUR OWN FUND
STRUCTURE, LOOK NO FURTHER.
THE FIRST LUXEMBOURG SUPER MANCO*
We provide you with a one-stop-shop solution to set up and manage your custom investment vehicle.
We were the 1st Super ManCo in Luxembourg to be granted the AIFM License, the Management Company under Chapter 15 of the UCITS Law license, as well as the extended Licenses covering both UCITS and AIFM Management Company non-core/extended services.
This allows us to provide you with the following services for UCITS & AIFs:
- Investment management
- Risk Management
- EU Distribution Support
- Central administration services
- Compliance Monitoring
- Corporate Governance
- Oversight of delegated functions
We will take you from end to end, through all the steps required to launch your own regulated fund.
The right tool and specialist know-how.
When expert craftsmanship delivers all you need for your fund.
To provide you with the level of service you deserve, we appoint a dedicated team to manage your fund project. This team, who has built a close relationship with you and knows your fund inside out, will then become your dedicated Key Account Management Team.
We are totally independent and we have built a reliable network of the “best-of-breed” lawyers, custodian banks, administrators, auditors, brokers.
We are not just a service provider. We have been investing in sophisticated products for over 55 years, so we understand your business and speak the same language.
The Undertakings for the Collective Investment of Transferable Securities (UCITS) is a regulatory framework of the European Commission that creates a harmonized regime throughout Europe for the management and sale of mutual funds.
The Alternative Investment Fund Managers Directive (AIFMD) is a European Union (EU) regulation that applies to Alternative Investment Funds (“AIF”).
Meet the people that make our Management Company unique.
Paolo Faraone is Partner at NS Partners Group, member of the Group Executive Committee and Asset Allocation Committee, CEO & board member of NS Partners Europe fully licensed Luxembourg Management Company, with branches in Madrid and Milan.
Paolo Faraone is responsible for the Management Company business development, fund engineering and EU distribution, shaping the Company European strategy.
After beginning his career at Citigroup Dublin, he joined Vontobel Asset Management, where his responsibilities as director and executive manager included heading both client services and management company teams. He joined NS Partners in 2010.
Paolo holds a degree in Political Science from Università degli Studi di Pavia & Universidad Pontificia de Salamanca, an MBA from Alliance Manchester Business School, as well as the Global Senior Management Program from IE Business School & Chicago Booth School of Business.
Girolamo Salice joined NS Partners Europe in 2014 and is Conducting Officer covering Risk Management since 2018.
Prior to joining the Group, he worked at Nomura as Fund Administrator and at Unicredit Bank.
Girolamo holds a degree in Oriental Languages and Cultures from Venice University, a degree in Business Management from Ritsumeikan Asia Pacific University and a Master in International Finance Audit and Control organized by the Luxembourg Chamber of Commerce and IFBL.
Manaf Azmeh joined NS Partners Europe in December 2019 as Head of the Compliance function.
Before joining the company, he held various positions within the Compliance and Fund Control area at Bayerische Landesbank, Commerzbank, Vistra Fund Services, and Alfa Asset Management.
Manaf holds a degree in Business and Administration from the Gerolstein Business School in Germany and completed the Fund Specialist Program organised by the “Institut de formation bancaire” in Luxembourg.
Fernando Cañizares joined NS Partners Europe in 2001. As Head of Back Office, he is responsible for the trade execution process and the Middle-Back office activity for all investment funds; private mandates for which NS Partners Europe is investment manager.
Prior to joining NS Partners Fernando worked at Rabobank Luxembourg as Head of Back Office and at Banque Nagelmackers.
Fernando holds a degree in Money Market and Finance.
Andrew Carter joined NS Partners in 2012.
He is responsible for fund set-up, ongoing account management and assisting in developing the fund engineering business.
Andrew holds a BA (Hons) degree in Business Management from Nottingham Business School (UK).
Patrick Sermaize joined NS Partners Europe in 2020 as Head of Wealth Management. He is responsible for the business development in Europe.
After beginning his career in Monaco at Victor JB Pastor Group, Patrick joined Banque Continentale du Luxembourg SA, a private bank in 1999, and then UBP Luxembourg in 2005 as member of the management. In 2010, he created his own asset management company in Luxembourg where he was executive director and partner.
Patrick holds a French business school diploma (Sup de Co) from EM Lyon Group, followed by a Master in finance and international wealth planning from CERAM-SKEMA Group in Nice and a diploma of financial analyst CEFA-EFFAS.
The Undertakings for the Collective Investment of Transferable Securities (UCITS) is a regulatory framework of the European Commission that creates a harmonized regime throughout Europe for the management and sale of mutual funds. UCITS funds can be registered in Europe and sold to investors worldwide using unified regulatory and investor protection requirements. UCITS fund providers who meet the standards are exempt from national regulation in individual European countries.
As a fully-licensed UCITS Management Company in Luxembourg, we can support the launch and distribution of your UCITS funds with an operationally ready solution, complete with independent directors, risk management and designated persons/conducting officers.
The Alternative Investment Fund Managers Directive (AIFMD) is a European Union (EU) regulation that applies to Alternative Investment Funds (“AIF”). AIFs cover all non-UCITS funds, wherever domiciled, which are either managed within the EU or marketed to investors within the EU. The AIFMD sets standards for marketing around raising private capital, remuneration policies, risk monitoring and reporting, and overall accountability.
As an authorised Alternative Investment Fund Manager (AIFM) in Luxembourg, we can support the launch and distribution of AIFs with an operationally ready solution, complete with independent directors, risk management and designated persons/conducting officers.
Antonio Mira joined NS Partners in 2006 as Group Chief Financial Officer. He heads the corporate functions and is involved in coordinating and implementing the decisions of the Executive Committee.
An experienced bank auditor, Antonio started his career in 1995 with Arthur Andersen, where he worked for some 7 years before joining Ernst & Young in 2002 as a Senior Manager.
Antonio is a Swiss chartered accountant and a Business graduate of Lausanne University (HEC).
Sébastien Poiret joined NS Partners in 2008 and manages funds of hedge funds and private client mandates. He also oversees the development of the Group’s offices in Mauritius.
Prior to joining NS Partners, he served as a Trader, Head of Manager research and Portfolio Manager in the USA and Switzerland for a single hedge fund (1998-2004) and for Optimal (2004-2008), Grupo Santander’s fund-of-hedge funds operations.
Sébastien holds a Bachelor’s degree in Corporate Finance from the ESPEME Business School (EDHEC Group) and an MBA in Finance and Economics from the Institute of Business Administration, both in Nice.
Abir Oreibi joined the Board of the NS Partners Group in 2018, where she brings her truly international perspective and rich experience.
Among many other ventures, Abir set up Alibaba.com’s first European office. After living and working in Shanghai, Hong Kong, Bangkok and London, she now lives in Geneva, where she is CEO of Lift Events, an organization that identifies technology trends, their business and social impact through the organization of events and open innovation programs. Issues related to the challenges and opportunities created by new technologies as well as the strategic responses from organizations are at the heart of Lift’s activities.
Abir holds a BA in Political Sciences from the University of Geneva. She is an investor, and member of advisory and innovation boards.
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Romain Pidoux joined NS Partners in 2011 and heads the Group’s Risk Management.
He started his financial career in 2005 as Head of Quantitative Analysis for a Swiss Family Office, selecting funds and managing portfolio allocation. In 2008, he switched to the alternative world and joined Peak Partners as hedge funds analyst.
He is a Chartered Alternative Investment Analyst (CAIA) and holds a Master’s degree in international relations from the Graduate Institute of International Studies at Geneva University.
We coordinate your fund project from end to end and assist you through all the legal, administrative, regulatory and operational steps required to launch a Luxembourg investment fund.
We assist you with constitutive documents drafting (articles of incorporation and prospectus), the investment management, advisory and distribution agreements, the central administration, custodian bank and domiciliation service agreements, the risk management process, as well as the internal investment guidelines. We organise the operational setup and help you select all the providers and partners you need.
We advise you, file the constitutive documents of your fund and liaise with Luxembourg authorities (CSSF) until approval.
The marketing of your fund is an essential factor of your success. Yet, distributing funds, both within and beyond Europe, can be a daunting task for investment managers, who struggle to meet their various reporting requirements.
Our seasoned and multi-lingual team masters the intricacies of European regulatory constraints and acts as a single point of contact with the various service providers.
Thanks to our total independence and close relationships with service providers, we offer impartial advice and help you obtain competitive prices. Naturally, our service is tailored to your specific distribution requirements.
We also assist you in devising and implementing your distribution strategy and introduce you to our network of distribution specialists in Europe.
Under new UCITS V and AIFMD directives, the role of the Independent Director has become more important and is now considered a profession in its own right.
Indeed, your fund’s Board should ensure that high standards of corporate governance are applied at all times and have a good professional standing, appropriate experience, act fairly and independently in investors’ best interests and operate with due care and diligence in the performance of their duties. Additionally, the Board should ensure compliance with all applicable laws, regulations and with the fund’s constitutional documents.
Our panel of independent directors are all seasoned fund professionals with over 20 years’ experience in the asset management industry. They also cover a wide range of professional skills and backgrounds, including administration, regulatory, operations, legal, tax, portfolio management and risk management functions.
Risk management is in our DNA.
We provide you with an integrated risk and investment compliance management service. Being an integral part of our IT infrastructure, our risk systems guarantee an effective assessment and management of financial risks. They include a full range of risk indicators adapted to the risk profile, the asset class, as well as each fund’s investment strategy.
Based on the best market practices and compliant with ALFI and ESMA guidelines, our risk management services include:
- Appraisal and monitoring of portfolio risk
- Regulatory risk and investment compliance (including asset eligibility)
- Periodic monitoring of asset evolution for UCITS and AIF vehicles
- Independent NAV supervision
- Production of customized risk management reports
- Historical VaR, parametric VaR and Montecarlo simulation
Thanks to our 55 years’ experience in managing conventional and alternative investment funds, we have acquired a unique expertise in asset management.
And because we focus on multi-manager funds, we have developed a strong and disciplined manager selection process that allows us to find and monitor the best Investment Managers if needed.