Link Group launches new UCITS platform in Luxembourg
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Link Group launches new UCITS platform in Luxembourg 09 March 2020Luxembourg Reporter: Maddie Saghir
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Link Group has launched a new UCITS platform, Elevation Fund SICAV, domiciled in Luxembourg.
Elevation Fund SICAV will enable investment managers to launch sub-funds in a faster and more cost-effective way.
The move follows Link Group’s expansion into Luxembourg having provided management company (ManCo) and authorised fund manager (AFM) services in the UK and Ireland for over 30 years.
Link Group received approval from the Luxembourg regulator in 2018 to provide UCITS ManCo and alternative investment fund management services.
Last year, Link Group launched a similar platform in Ireland, Elevation UCITS Funds (Ireland) ICAV.
The new umbrella fund will operate its first sub-fund for Stewart Asset Management, a
US manager based in New York, with additional sub-funds due to be launched in the future.
Jean-Luc Neyens, managing director, Link Fund Solutions (Luxembourg) S.A., said: “We
are pleased to be in a position to offer our clients structuring solutions in the leading European
fund centre.”
Neyens added: “This comes from the deep experience and top-class infrastructure we have built
in the funds industry, and we are looking forward to serving new clients with the Elevation
platform in Luxembourg."
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