BRAND VOICE — PLACE FINANCIÈRE & MARCHÉS — Fonds

Ocorian

In focus: Ocorian’s one-stop shop solution for funds and corporates



In focus: Ocorian's one-stop-shop solution for funds and corporates ( Crédit : Ocorian ) 

In focus: Ocorian's one-stop-shop solution for funds and corporates ( Crédit : Ocorian ) 

Christophe Gaul, Head of Europe and Managing Director of Ocorian's Luxembourg office, explains how it provides tailored solutions that meet the needs of its clients.

What is Ocorian's background?

We are a leading international specialist in corporate, private client and funds services. We provide accounting, tax, regulatory and administrative functions to support the alternative investment, assets structuring and administration needs of our institutional, corporate and HNWI clients. We combine deep industry knowledge with a personable touch to really understand our clients' needs so we can deliver personalised and efficient solutions every time.

2020 has been a significant year on our growth journey. In February we completed our merger with Estera, and more recently, we acquired Luxembourg based third party ManCo , AIFM and fund administrator, Allegro.

How do clients benefit from your presence across jurisdictions?

Our global network is designed to put us exactly where our clients need us. We combine local expertise with global scope so our clients can utilise our platform across the corporate, funds and fiduciary spaces. This provides them with one global service supplier with sector expertise.

A great example of how our clients can benefit from our global presence is in the funds sector. In recent years, there has been a clear trend to move investment funds onshore. Frequently, the first step is setting up a Luxembourg-based parallel investment structure. We can cooperate with our Guernsey and Cayman Islands offices and offer our clients a comprehensive service scope.

How do you adapt to the increasing complexity and pace of regulatory change?

It is becoming even more complicated for international businesses to navigate all the new legislation. Increasingly, they therefore rely on providers such as Ocorian for the outsourcing of regulatory reporting, accounting, corporate and administrative services. To respond to the increasing volume of regulation, we have adapted our organisation, recruited local and international experts and made strategic acquisitions.

Our acquisition of Allegro demonstrates how we have adapted and the fact that we are now fully licenced to provide ManCo and fund administration services to AIF, RAIF, non-AIF and UCITS funds is of real benefit to our clients.

We also are involved in various national and international working groups and professional organisations so we are at the forefront of developments.

Why are more funds increasingly using third party administration providers?

AIFs are increasingly seeking third party management companies (ManCos)/AIFMs to allow them to concentrate on adding value for their investors. Our ManCo and AIFM services for institutional fund initiators and investors complement our fund administration, depositary and corporate services – and vice versa.

We are seeing a growing trend where fund groups are seeking to minimise costs by using one provider with two or more authorisations across multiple asset classes and fund types. Ocorian can provide clients with a one-stop-shop for all services that are needed for an AIF structure: management and administration of the fund vehicle, underlying SPVs, GP and carried interest vehicles, providing local substance in terms of directorships, regulatory and tax reporting, plus AIF depositary services.

We have a tremendous track record in private equity and real estate, both for direct investments and fund of funds and we have the client base to match, so we can really help service alternative funds investing in these areas.

Our aim is to have the leading experts, the most efficient processes and the latest systems in order to meet the individual needs of all types and size of client, on a local, regional and international level. To discuss how we can support you contact us at www.ocorian.com/contact-us.