By Paul Richardson – Sales Director The last few years has been a period of transformations with the world population now aware of the effects of a pandemic and the resultant restrictions and changes on economic and individual behaviour. Geopolitical tensions still exist and any conflict has implications further beyond the physical locality of…
Mainspring is delighted to announce an additional appointment by Notion Capital, the VC firm focused on European SaaS and Cloud. Mainspring is proud to be working with Notion Capital again, this time providing custody services for Notion’s Fund III, for which it is holding shares that have recently listed and by providing sub-custody services for…
Stephen Geddes, founder and CEO at Mainspring, discusses how practical, technology enabled fund administration is driving transparency, enhanced reporting, and stronger GP-LP relations. To view the full article please click here.
The UK Government and the FCA have given strong impetus to the creation of a new UK fund vehicle, the Long Term Asset Fund or LTAF. The LTAF seeks to solve three problems. First, ordinary investors are largely unable to access the higher investment returns connected with alternative assets, such as private equity, private debt,…
Share Certificates – how safe are yours? Share Certificates safeguarding, is it important? What happens if a share certificate goes missing or gets damaged? If a certificate is lost does this means ownership is too? What constitutes ownership of a private company under English law? From a legal perspective it is clear that for registered…
ESG (Environmental, Social and Governance) issues have been steadily moving up the agenda for GPs in recent years. However, following the COVID pandemic and a greater focus on climate change, the spotlight is now clearly on making sure that GPs properly consider ESG issues, both for themselves and their portfolio companies. Although the concentration on…
Our Journey to Carbon Neutral We at Mainspring have just completed a project for the company to become carbon neutral. We thought it might be useful to share our learning and some tips for those organisations that are also considering becoming a carbon-neutral company. For context, Mainspring is a nearly 50-person business that has 2…
How can UK fund managers market in the EU post-Brexit? With the Brexit transitional period over, UK alternative investment fund managers (AIFMs) looking to market alternative investment funds (AIFs) in the EU find themselves subject to a quite different regulatory environment. While sub-threshold UK AIFMs have never had access to the EU Alternative Investment Fund…
Private equity funds in Europe are usually considered to be ten-year funds. Investors are told that this is the time frame within which the investment manager will source appropriate transactions, make the various investments and then effect realisations. The documentation constituting the fund will usually provide for a fixed end date, subject to extension if…
Launching a new fund is difficult. Launching a fund in the wake of a global pandemic – coupled with years of Brexit uncertainty – makes the task even more challenging. But one thing that can smooth that journey is working with a host alternative investment fund managers (AIFMs). Separate regulated firms that will act as…