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What's New In Investments, Funds? - Mainspring Fund Services, Aspida Group
Editorial Staff
18 March 2021
Mainspring Fund Services, Aspida Group The first fund under the new agreement is the $550 million (£395 million) Private Investor Fund, which completed a first close in January; it will invest in growth-stage technology companies across Europe, Asia and North America. The Guernsey funds business is currently worth around £18 billion.
London-based funds administrator have agreed a partnership to provide Guernsey-domiciled private equity and venture capital funds with a comprehensive solution for fund administration, compliance, governance and reporting. Through the partnership, fund managers will benefit from the focused, specialist services of Aspida for governance, economic substance and regulatory compliance, and Mainspring for fund administration, the partners said.