Fund services

The wall of capital will likely mean lower returns for property credit strategies. But that has not deterred institutional capital from piling in, as this record-breaking close will attest.

Boston Capital finds US fundraising success with European investors; Allianz gets back to office investing in a big way; Norges Bank reshuffles its real estate leadership; and more in today's briefing, exclusively for our valued subscribers.

By domiciling the fund in Luxembourg, the US-based firm raised all of the equity for the first close of its second commingled vehicle from the region.

Predictability and stability are what managers look for when selecting a jurisdiction for their latest vehicle. But that does not mean the domicile universe is set in stone.

As the onshore/offshore debate intensifies, the Caribbean jurisdiction has issued new private fund legislation to align with its peers.

The cities are launching new structures in the competition to be the regional funds hub, as Singapore backs flexibility and Hong Kong moots a carry tax cut.

The Grand Duchy continues to emerge as a strong jurisdiction for managers looking to access European capital and assets, says Nils Mordt of RBC Investor & Treasury Services

The jurisdictions enjoy a reputation as proven, predictable, light-touch regulatory regimes and are charting a new course into a post-Brexit world.

The pandemic has brought both active relief from regulators and greater unknowns and risks for private funds’ compliance teams.

Sitting at the heart of Europe, the Grand Duchy is the king of European domiciles and grabbed first-mover advantage after the Brexit referendum.