Fund managers increasingly need to operate funds in multiple jurisdictions, driven by investor demand, commercial considerations and regulation.
Mainspring can support managers looking to establish funds in all the primary jurisdictions through servicing them directly from London or in partnership with locally licensed providers. This results in the use of a standard reporting platform for managers across all their funds in these jurisdictions, with a single point of contact and a dedicated accounting and administration team.
Mainspring can support the full suite of UK private funds and can also assist with UK regulatory hosting services. Mainspring is headquartered in London with a secondary office in Milton Keynes which between them provide integrated support to meet the increasing client demands on a day to day basis.
Mainspring has a commercial partnership with a long-established locally authorised private funds administrator. The core activity of all the fund accounting and administration is undertaken by Mainspring in the UK with the local partner responsible for the KYC, FATCA reporting, liaising with the regulator and the auditor. Mainspring is also well known to the established Luxembourg AIFM’s and Depositaries.
Mainspring has an active commercial relationship with a significant corporate services provider in Guernsey. Together we are able to provide services for all Guernsey funds, with the local corporate services provider holding the requisite authorisations and administration license. At the same time Mainspring provides the full accounting and administrative role from London.
Mainspring has a commercial partnership with a long-established global corporate services provider who is also a licensed fund administrator. The core activity of all the fund accounting and administration is undertaken by Mainspring in the UK with the local partner responsible for the ongoing KYC, FATCA reporting, liaising with the regulator and the auditor.
Mainspring can support Cayman Private Funds directly from the UK in partnership with the local corporate services provider and the auditor.