23 February 2016
In the 18 months since the implementation of AIFMD, Centaur Financial Limited (CFL) has grown its depositary business in response to increasing demands for its services. In recognition of the work put in by the team at CFL, we are delighted to announce that CFL currently provides depo-lite services to clients whose AUM now exceeds $10bn.
“We are proud to have reached such a significant milestone in such a short amount of time”, said Ronan Daly, director of Centaur Financial Limited and founding partner of the Centaur group. “From the outset, Centaur has sought to support clients through the changing landscape brought about by AIFMD and we were first to market with a comprehensive suite of AIFMD services, allowing clients to focus on generating returns, rather than dealing with the complexities of regulation.”
This accomplishment for CFL has been made possible by three key areas of focus:
Experience and Discipline:
CFL’s performance is driven by a highly experienced and disciplined team that includes legal, audit, regulatory, alternative fund servicing and accounting. Each and every member has a sound understanding of Alternative Investment Fund (AIF) Structures, strategies and operations. They can boast effective client reporting both to the AIFM (Alternative Investment Fund Managers) and the AIF at board meetings.
In just 18 months, CFL has developed a cost effective and robust depositary service for its clients. As an independent member of the Centaur group, CFL maintains a close working relationship with Centaur Fund Services Limited (CFS) with respect to mutual clients. Strong lines of communication ensure that access to all necessary client data maintained by CFS (where it acts as administrator) is efficient and unhindered. Having a keen insight into the operations of the administrator allows CFL to identify, escalate and address queries and findings effectively and in a timely manner.CFL also provides independent depositary-lite services to AIFs and AIFMs which are not serviced by CFS, working closely with other fund administration firms to perform its duties effectively.
CFL’s robust, uncomplicated business model is designed simply to meet the regulatory and service needs of its clients. Its attractive pricing structure, backed by an excellent service makes CFL an obvious choice for AIFMs.Ronan concludes “We’d like to take this opportunity to thank our clients for their loyalty as we were building our depositary service product. We put clients at the heart of our depositary service offering, enabling us to offer the best possible service, supported by continuous improvement at the most competitive price.”
About Centaur Financial Limited
Centaur Financial Limited (CFL) provides AIFMD depositary services to non-EU domiciled alternative investment funds and their managers. Our highly experienced team, robust infrastructure and proven technology are core to our success, assisting clients in meeting their AIFMD responsibilities. CFL is part of the Centaur Group.