AB Fund Services advises on regulatory and compliance requirements for investment funds domiciled in Luxembourg, with a particular emphasis on the risk management requirements of the regulator, Commission de Surveillance du Secteur Financier.
This will be Kinetic Partners’ first office in Luxembourg, the second largest investment fund centre in the world after the US. The new office will provide support for global and local financial services organisations operating in Luxembourg, with a strong focus on regulatory compliance and risk management services. The service offering will be extended to include corporate recovery and forensic services in due course.
Raymond O’Neill, a founding member of Kinetic Partners, commented: “The acquisition is in line with the Firm’s planned expansion strategy to open in new jurisdictions in response to the changing needs of our clients, who rely on our ability to operate seamlessly across borders. Expansion is a crucial requirement given the growing global nature of our industry.”
The acquisition of the company marks another milestone for Kinetic Partners, which provides advisory and consulting services to asset management firms and financial institutions worldwide.
Established in 2005, Kinetic Partners now serves over 1,200 clients globally, providing a bespoke service for firms who need in-depth industry advice, analysis and valuation across borders. It has six offices in London, Dublin, Grand Cayman, New York, Geneva and Hong Kong.
Benoît Andrianne, chief executive officer of AB Fund Services, said: “We are very excited to be joining forces with Kinetic Partners, given their exceptional reputation as a high quality provider of advisory services to the finance industry. We look forward to working together to develop and grow our services to respond to clients who are operating in an ever complex regulatory environment.”
