Luxembourg-based asset manager Alceda has announced the expansion of its strategic partnership with M.M Warburg Group (Warburg), which wil now act as preferred partner for the administration and custody of Alceda’s funds.
Alceda is licensed as an alternative investment fund manager (AIFM) in Luxembourg and Germany and as a UCITS fund manager in Luxembourg, where it provides consulting and structuring services for traditional and alternative investment strategies as well as consulting, financing and investment solutions for real asset investments.
Michael Sanders, chairman of the board of Alceda Fund Management S.A., said: “This cooperation marks the next step in our strategic partnership with Warburg, who have extensive experience in the administration of all investment vehicles regulated under German and Luxembourg laws. We are very much looking forward to the cooperation.”
Rüdiger Tepke, member of the board at Warburg, said: “Warburg is one of the few investment companies in Luxembourg that has a specialised team dedicated to the administration and custody of alternative investment vehicles. This is a natural extension of our relationship with Alceda, as we have already acted as custodian and central agent for a number of Alceda’s funds. We are pleased to be able to harness our significant experience for Alceda and look forward to working with them.”