Regulators extend Maitland AIF authorisation

Luxembourg based advisory and administrator Maitland has had its alternative investment fund manager authorisation extended to cover private equity and real estate AIFs.

The approval comes via the authorisation of Maitland subsidiary MS Management Services, and means that clients of Maitland can market and distribute so called PERE products to professional investors in the EU and elsewhere.

Previously, Maitland, which has some $280bn under administration, has offered AIFMD solutions to hedge funds and funds of hedge funds. But adding PERE capabilities will extend its ability to serve clients operating under the AIF Directive requirements.

Kavitha Ramachandran, director of MS Management Services, said he expected demand for PERE solutions to grow as managers became aware of AIFMD compliance requirements on PERE products that are intended to be passported across the EU.

Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 17 years he has been based in London writing about funds and investments. From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope. Jonathan was awarded Editor of the Year at the Professional Publishers Association (PPA) Independent Publisher Awards 2017. Shortlisted for the same in 2016, he was also shortlisted in 2017 and 2015 for the broader PPA Awards category Editor of the Year (Business Media).

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