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Fund establishment

Pre-launch

We have extensive experience in acting as the project manager during the pre-launch phase of a fund. We work with you to identify opportunities for your new fund and then manage your fund set-up process from start to finish, including fund structuring, helping the fund gain regulatory approval, and undertaking AML/CFT investor due diligence.

 

Fund Structuring and Establishment

 

  • Legal, tax and accounting advice
  • Establishment of the fund
  • Establishment of fund manager
  • Preparation of the investment management agreement
  • Preparation of distributor agreements
  • Preparation of all legal documents and agreements
  • Reviewing the Information Memorandum, Investment Statement, and Prospectus
  • Co-ordinating, and communicating with, the various third-party service providers
  • AML/CFT risk assessment and policies and procedures
  • Fund sponsor KYC, AML/CFT, PEP and sanction checks
  • Registration of the fund with the regulators, including the FMA for NZ retail funds
  • Registration of the fund with the tax authorities
  • Registration of the fund for FATCA/CRS
  • Obtaining ISIN number(s) for fund securities
  • Registration of the fund manager on the FSP Register
  • Assisting the fund manager with all FMA licensing requirements
  • Co-ordinating, and communicating with, the fund’s trustee or licensed supervisor
  • Bank and broker account openings
  • Integration with custodians and prime brokers
  • Consent letters
  • Fund IT and reporting systems

 

Investor On-boarding

We fully manage the ‘on-boarding’ of your investors:

 

  • Preparation of subscription agreements and application forms
  • Investor identification and proof of address
  • Investor proof of source of funds
  • Review of all on-boarding documentation
  • Investor KYC, AML/CFT, PEP and sanction checks
  • Liaising with bankers, lawyers and other advisers
  • Investor acceptance
  • Investor communications
  • Investor registry