Platform for creating Sicav Sif funds launched

Wealth managers, financial advisors, fund managers, family offices, high-net-worth individuals and entrepreneurs are able to use this first-of-a-kind platform to establish their own Luxembourg-regulated Sicav Sif funds.

The platform can cater to all asset classes, including hedge funds, private equity and real estate, and there are no restrictions on leverage.

The firm says the open-architecture platform offers a faster route to the market with funds established and open for capital within a few weeks rather than months, cost effectiveness as the platform provides all back office support, administration and other services for the creation and management of a fund, as well as European and international distribution.

The KMG Sicav Sif platform was created by Kevin Mudd, an experienced financial services practitioner.

He said: "Launching a Sicav Sif fund gives financial advisors and affluent investors control over their assets. With a Sicav Sif fund, an IFA can become a product provider, not just a distributor.

"For businessmen and entrepreneurs, establishing a fund can be a highly time and cost effective strategy for raising capital."