Titanbay, Europe’s leading provider of private market solutions for wealth managers and private banks, announces the launch of its Alternative Investment Fund Manager (AIFM) in Q1 2024.
This milestone enhances Titanbay’s service offerings and operational efficiency, “delivering an unparalleled experience for its clients”, the company said.
In a market increasingly focused on operational efficiency and client experience, the AIFM status allows Titanbay to manage and operate alternative investment funds under the European Union’s Alternative Investment Fund Managers Directive (AIFMD).
This strategic move enables Titanbay to streamline operations, reduce reliance on third-party managers, and maintain greater control over investment and distribution processes. This results in increased efficiency and a faster response to market opportunities.
“Our new AIFM represents a transformative leap forward,” said Ossama Soliman, CEO of Titanbay. “By managing the investment process entirely in-house, we can significantly elevate our clients’ experience.”
Titanbay’s Luxembourg-based SCSp-RAIF serves as an umbrella structure with separate compartments for each feeder, minimising costs and enabling pan-European fund distribution. Each feeder aggregates investments from clients across multiple distribution partners, driving scale and offering lower investment minimums.
“Our rapid growth, launching approximately 15 feeder funds per year, underscores the cost and speed benefits of having an in-house AIFM,” said Soliman.
The AIFM status enables Titanbay to market funds directly across Europe, establish branches, and hire local salespeople, supporting Titanbay’s ambitious European expansion strategy. “By managing private markets end-to-end, we no longer rely on third-party AIFMs,” said Pietro Soldini, CEO of Titanbay Ireland and Manager of the TITANBAY MASTER FUND SCSp-RAIF.
With the introduction of its AIFM, Titanbay revolutionises its investment operations and sets a new standard for customer experience. “Previously, relying on third parties, initiating an investment could take months, limiting agility. Now, with the new AIFM, the process is streamlined to just weeks, enabling Titanbay to capitalise on timely investment prospects.” added Pietro.
“We are ecstatic to announce our AIFM,” added Soliman. “This move underscores our commitment to providing top-tier private market solutions, benefiting our clients with improved compliance, efficiency, and a broader range of investment opportunities.”
