Via its Prime AIFM Lux S.A. subsidiary, Prime Capital is a fully licensed Alternative Investment Fund Manager (AIFM) with all the required skills, systems and processes. We are thus able to offer asset managers a complete fund hosting service.
External asset managers can focus on their core competence (portfolio management) without getting involved in time-consuming risk management, valuation and administration tasks. Oversight functions can also be outsourced and transferred to an AIFM.
Reducing the workload of suitably qualified managers
This service will be particularly appealing to asset managers whose internal investment processes would be unable to cope with any additional workload. Some of these managers may find it preferable to focus solely on portfolio management – without needing to hold an AIFM licence. Other managers in turn are only set up as investment advisors anyway, meaning they cannot perform the function of portfolio manager on a contract basis. In these cases, they give investment recommendations to Prime AIFM.
Hosting of an external manager is subject to in-depth scrutiny and assessment by Prime AIFM. Only asset managers who have the necessary expertise to withstand rigorous performance monitoring over the long term are selected. The manager must also undergo full operational due diligence to our complete satisfaction.