The Alternative Investment Fund Management Directive (AIFMD), which came into effect in July 2013, has created an alternative regulatory passport for investment managers to access European investors. Recognizing that AIFMD presents a significant challenge for fund managers and investors who must comply with a new and extensive set of transparency reporting regulations in a short time frame, DMS developed its AIF Manager solution and proprietary AIF Platform to provide investment managers with solutions for their AIFMD requirements.
From its global base in the Cayman Islands and with offices in London, Ireland and Luxembourg, DMS has an established presence in fund governance in Europe, through which it serves European investors and works with other service providers.
“DMS has led the market in creating both an AIF Management Company and an AIF Platform. Investors, particularly European institutional investors, value the EU AIF structure and its features and this is changing the market dynamic,” said DMS DirectorConor MacGuinness, who is based in the firm’s Dublin, Ireland office.
DMS’s AIFMD Management Company solution and AIF Platform handle local management and regulatory requirements, thereby allowing managers to focus on their core competencies of trading and marketing. In addition, managers benefit from quicker time to market and lower set up and ongoing costs.
DMS also augments its fund governance services by providing directors and Money Laundering Reporting Officers to the platform, as well as risk management services and reporting through DMS Risk Management Systems (DMS RMS).
Central to DMS’s AIF Platform is the provision of its EU-wide passport for distribution, which opens up the entire EU market (including Switzerland) to investors.
Both the AIF Platform and the DMS AIFMD solution meet all regulatory standards and are approved by the Central Bank of Irelandand CSSF Luxembourg, which recognize DMS’s expertise in structuring, governance and risk reporting.
“Our AIF Platform has a broad remit and can support practically all investment strategies either as a new launch or as a re-domiciliation from other domiciles, for example the Cayman Islands. In addition, DMS has valuable relationships with top tier service providers in audit, risk, legal and fund administration/depositary to support the operation of the platform and AIF management,” stated Jeremy O’Sullivan, Director of DMS Ireland.
DMS Offshore Investment Services (DMS) is the world’s largest fund governance firm with over 200 professionals serving all major offshore financial centers and currently representing leading investment funds with assets under management of approximately $330 billion. DMS provides trusted and comprehensive Fund Governance, Banking + Custody, Trust, Corporate and Outsourcing solutions that support investments across a range of structures, and diverse investment strategies. DMS’ AIF Management Company solution and AIF Platform focus exclusively on AIFMD compliance implementation in the European alternative investment funds market.
For more information, please visit: http://dmsoffshore.com/