Link Administration : Group launches new UCITS platform in Luxembourg

Link Group launches new UCITS platform in Luxembourg

4 March 2020 - LUXEMBOURG - Link Group today announced the launch of a new UCITS platform domiciled in Luxembourg.

The new UCITS platform - Elevation Fund SICAV - enables investment managers to launch sub-funds in a faster and more cost-effective way, using Link Group's scale, robust governance framework and investment in technology.

The move follows Link Group's expansion into Luxembourg, Europe's leading fund centre, having provided Management Company (ManCo) and Authorised Fund Manager (AFM) services in the UK and Ireland for over 30 years.

Luxembourg's financial regulator, the Commission de Surveillance du Secteur Financier, granted Link Fund Solutions (Luxembourg) S.A. a 'Super ManCo' licence in 2018, to provide UCITS ManCo and AIFM services.

Link Group is now one of Europe's largest independent ManCo, AFM and alternative investment fund managers, with €139bn of assets under management and administration.*

The new platform is the company's latest initiative to help fund managers set up regulated funds in Europe. 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, LLC, a US manager based in New York, and additional sub-funds will 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. 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.'

[ENDS]

*Figures as at FY2019

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About Link Group

Link Administration Holdings Limited (Link Group) administers financial ownership data, driving user engagement through technology. Our investment in technology, people and processes enables us to deliver comprehensive data and information for companies, large asset owners and trustees across the globe.

Our clients are from all industries, including some of Australia's largest pension funds and global corporations, and we are always developing our services to meet their needs.

For more information, visit www.linkgroup.com