MPMF Receives UCITS Management Company Authorisation
MPMF Fund Management (Ireland) Limited ("MPMF"), the Maples group’s alternative investment fund manager ("AIFM"), has announced that it has been authorised as a UCITS management company by the Central Bank of Ireland.
“The UCITS management company authorisation will allow MPMF to gain investment momentum and ensure that managers have the resources and support they need to meet the risk and reporting requirements of UCITS funds,” said Scott Somerville, Chief Executive Officer at MaplesFS.
MPMF has an experienced team of investment and risk management professionals and designated individuals with in-depth knowledge of finance and operations, regulatory and compliance matters. MPMF provides flexible AIFM and UCITS management company solutions via both a fully hosted/outsourced solution as well as a delegation solution. Both models provide local management and fulfilment of all regulatory requirements, allowing managers to focus on investment management and marketing. MPMF also utilises a combination of proprietary and industry leading technology for risk and regulatory reporting, through our affiliate Maples Fund Services, allowing managers to focus on their core competencies, while ensuring that all aspects of fund governance, compliance and reporting are managed by the MPMF’s AIFM and UCITS specialists.
"As global regulators’ UCITS requirements become more complex, investors are increasingly focused on risk management and compliance," said Naomi Daly, Senior Vice President at MPMF. "MPMF has a robust UCITS governance and compliance monitoring solution, backed by a highly knowledgeable risk management team and an in-house solution for producing daily UCITS risk monitoring reports.”
MPMF leverages the combined global presence of the Maples group, which comprises leading international law firm, Maples and Calder, and fund and fiduciary services provider, MaplesFS, to provide a complete range of services provided by the Maples group, which includes legal, regulatory, tax, risk reporting, compliance, fiduciary, accounting and administration services.