EFA completes on-boarding of Espiria for East Capital Group
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EFA completes on-boarding of Espiria for East Capital Group 07 April 2020Luxembourg Reporter: Becky Bellamy
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European Fund Administration (EFA) has completed the on-boarding of East Capital Group’s Espiria fund range.
Following an acquisition in 2019 by East Capital Holding, EFA was appointed to provide fund administration and related services for the Espiria fund range.
Espiria has five sub-funds and uses asset pooling, with over €1 billion in assets under management as of 31 December 2019.
EFA has provided East Capital Group with administration services for more than 10 years, covering UCITS and alternative investment funds (AIF) fund administration and transfer agency both in Luxembourg and Sweden.
Claude Hoffmann, commercial director at EFA, said: “We are thankful to the East Capital
Group for their continued trust and look forward to growing our relationship further for many
years to come.”
Paul Carr, CEO at East Capital Asset Management, added: “We are pleased to extend our successful cooperation with EFA and bring it to the next level with the onboarding of the Espiria SICAV. EFA is an important partner for the East Capital Group as we continue our development of a single, sustainable and efficient operational platform for all our portfolios and discretionary mandates.”
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