BIL Manage Invest Structuring and servicing your investment fund - - PDF document

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BIL Manage Invest Structuring and servicing your investment fund - - PDF document

Apr 04, 2024 463 likes •605 views

BIL Manage Invest YOUR TAILORED ONE-STOP SOLUTION FOR YOUR INVESTMENT FUND NEEDS BIL Manage Invest Structuring and servicing your investment fund needs Introducing BIL Manage Invest S.A. BIL Manage Invest S.A. (BMI) provides a fmexible and

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BIL Manage Invest

Structuring and servicing your investment fund needs

BIL Manage Invest

YOUR TAILORED ONE-STOP SOLUTION FOR YOUR INVESTMENT FUND NEEDS

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Introducing BIL Manage Invest S.A.

BIL Manage Invest S.A. (BMI) provides a fmexible and tailored one-stop solution for Investment Managers looking for a single point of contact for the management of their fund structures in Luxembourg. BMI seamlessly integrates into the investment management process and operating model of its clients, providing the capital, substance and infrastructure required to satisfy regulatory requirements. Stafged by experienced Investment Fund professionals, BMI is using state-of-the-art systems such as Linedata, Riskmetrics and Domos. BMI is backed by the oldest private bank in Luxembourg, BIL Group, with branches in Europe and the Middle East. BMI is authorised in Luxembourg to manage AIFs and UCITS funds with the following investment strategies:

  • Private Equity and Real Estate Funds
  • Infrastructure Funds
  • Fund of Funds
  • Equity and Fixed Income Funds
  • Private Debt/Loans
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BIL Manage Invest S.A. in a few words

A dedicated team of experienced investment professionals CLIENT

RELATIONSHIP MANAGEMENT

  • Act as a single point of contact
  • Provide guidance on the most suitable fund

structure to accommodate your investment strategy

  • Assist with the selection of the most appropriate

service providers to service your fund

  • Ensure smooth operation of the day-to-day

activities of managed funds

  • Perform objective initial due diligence and ongoing
  • versight of the performance of your chosen

delegates/service providers

RISK MANAGEMENT

  • Defjne and implement the Risk Management

Process (RMP)

  • Defjne and monitor the Key Risk Indicators (KRI)
  • Employ detailed dashboards to monitor risk

and compliance with investment restrictions

  • Remediate and/or escalate any breaches to the Board
  • f Directors and the local regulator (CSSF)
  • Produce all necessary Regulatory Reporting

(AIFMD report, etc.)

PORTFOLIO MANAGEMENT

  • Extensive background in the investment industry
  • Wide experience of fjnancial, real estate and private equity asset classes
  • In-house portfolio management or fully informed oversight of the delegated Investment Manager
  • Initial and ongoing due diligence on Asset Managers and strategies
  • Seamless integration into your operating model
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Product & Regime Overview of the funds we manage

UCITS

  • Only transferable securities
  • Diversifjcation requirements
  • Open to all investors
  • Very high level of regulation

PART II

  • All asset classes
  • Not open to all investors
  • Medium level of regulation

SICAR

  • Risk capital only
  • Qualifjed investors only
  • No diversifjcation requirements
  • Low level of regulation

SIF

  • All asset classes
  • Well-informed investors only
  • Low diversifjcation requirements
  • Low level of regulation

RAIF

  • All asset classes
  • Well-informed investors only
  • Low diversifjcation requirements
  • No direct supervision

STRUCTURATION REGULATORY PRESSURE

UCITS PART II SICAR SIF RAIF

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Typical structure of UCITS or AIF in Luxembourg

UNDERLYING INVESTORS/SHAREHOLDERS BOARD OF DIRECTORS/GOVERNING BODY Initiator/ General Partner (for SCA / SCS) Custodian/ Depositary Global Distributor/ Placement Agent Other Delegate (e.g. KIID Provider for UCITS) Central Administrator, Transfer Agent and Registrar, Domiciliary Investment Manager/ Investment Advisor Legal Advisor

  • Management Company/AIFM
  • Risk Management
  • Portfolio Management
  • Marketing Passport (AIF)
  • Oversight of the Delegates
  • Compliance/Internal Audit
  • Confmicts/Complaints
  • Valuation (AIF)

Auditor

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Our ofger in a few words

Structuring and servicing your Investment Fund needs

YOUR SINGLE POINT OF CONTACT STRUCTURING AND SERVICING WHAT MAKES US DIFFERENT

  • Structuring and set-up of new

investment vehicles

  • Portfolio Management across

difgerent asset classes when required

  • Risk Management and investment

restriction monitoring

  • Initial and ongoing due diligence
  • f the chosen service providers
  • Relationship Management and

follow-up of the whole life cycle

  • f the fund

Fully licensed by the Luxembourg Regulator (CSSF) to provide:

  • Management Company services

to UCITS Funds

  • Alternative Investment Fund

Manager services under the Alternative Investment Fund Managers Directive (AIFMD) We offer:

  • One-stop-shop solution as a

regulatory hub in Luxembourg

  • Day-to-day management of the

funds we manage

  • Time to our clients, allowing

them to concentrate on their core business and grow their assets

  • Independent, open architecture

approach (no mandatory providers)

  • Backing of the oldest private

bank in Luxembourg, BIL Group, with branches in Europe and the Middle East

  • Staffed by Investment

Management professionals, enabling us to act as the Portfolio Manager, if required

  • Full structuring process and

seamless integration with your existing operating model

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Our Platforms - "Rent a compartment Model"

DESCRIPTION ALTERNATIVE VEHICLE TRADITIONAL VEHICLE Product Name Private II Wealth Management SCA-SIF Lux Multimanager SICAV Registered Offjce 42, rue de la Vallée L-2661 Luxembourg 11-13 Boulevard de la Foire L-1528 Luxembourg Law 2007 Law (SIF) Part I of the 2010 Law (UCITS) Custodian Banque Internationale à Luxembourg S.A. RBC Investor Services Bank S.A. Central Administrative, Domiciliary and Corporate, Registrar and Transfer Agent BIL Fund & Corporate Services, Luxembourg RBC Investor Services Bank S.A. Auditors Ernst & Young Société Anonyme Ernst & Young Société Anonyme Legal Advisors Elvinger Hoss Prussen Elvinger Hoss Prussen Target "rentors" Institutional investors/Professional investors Asset Managers/Institutional investors/Professional investors Scope of investors Well-informed investors only No restrictions as to the type

  • f investors

Strategies/Target Investments Real Estate/Private Equity/Listed fjnancial instruments/Commodities/ “Real” assets/Financial assets with alternative strategies (higher concentration, short sales, etc.) Liquid assets, long-only strategies with risk diversifjcation requirements Minimum NAV frequency Yearly Bi-monthly Expected Timing to launch Time to market shorter than for a standalone structure Time to market shorter than for a standalone structure

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Our fully integrated supply chain

  • fger/360° services

AIFM/MANAGEMENT COMPANY EXECUTION & BROKERAGE SERVICES DEPOSITARY *

(CUSTODY AND GLOBAL CUSTODY)

CENTRAL ADMINISTRATION

  • Fund Structuring
  • Portfolio Management
  • Risk Management
  • Product Management
  • Transfer Agency
  • Fund Accounting
  • Administration
  • Corporate Services
  • Wide range of asset

classes

  • Network of

sub-custodians

  • Asset safety
  • Bonds & Equities
  • Derivatives
  • ETF & Structured products
  • Forex and Funds

* Alternative funds only

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Our Open Architecture Model

Under certain circumstances and depending on the product characteristics, we may adopt an open architecture where some of the activities are delegated to external providers outside the BIL Group.

AIFM/MANAGEMENT COMPANY EXECUTION & BROKERAGE SERVICES DEPOSITARY

(CUSTODY AND GLOBAL CUSTODY)

CENTRAL ADMINISTRATION

  • Fund Structuring
  • Portfolio Management *
  • Risk Management
  • Product Management
  • Transfer Agency
  • Fund Accounting
  • Administration
  • Corporate Services
  • Wide range of asset

classes

  • Network of

sub-custodians

  • Asset safety
  • Bonds & Equities
  • Derivatives
  • ETF & Structured products
  • Forex and Funds

* Portfolio Management may be delegated to an authorised entity We let you select your Central Administration. We are already linked with 6 of the major Central Administrators in Luxembourg We let you select your

  • Custodian. We are already

linked with 5 of the major Custodians in Luxembourg We have the opportunity to let you select your suppliers or to propose some of our business partners. Using our strong operational expertise and IT capabilities, we are able to plug all organisations and obtain data to properly manage and monitor the risk and the performance of the portfolio.

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Our Values

PARTNERSHIP INSTEAD OF COMMERCIAL RELATIONSHIP TRANSPARENCY COMMITMENT INDEPENDENCE DILIGENCE

  • Long-term strategy to grow together with our clients
  • No tactical considerations in our way of working, and objective of low but strong growth
  • We explain what we do, and why we do it
  • Our processes are tailored to ensure full transparency on all activities
  • The Teams are dedicated to serving clients in a professional and timely manner
  • The delay in handling your demands and fjxing your issues is extremely short
  • Our strong governance allows us to take decisions quickly and in total autonomy
  • The decisions are taken with the aim of protecting our clients’ interests
  • We protect the interest of our clients
  • We support our clients and help them face regulatory and technical changes and challenges
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Please contact us at info@bilmanageinvest.com

  • r on (+352) 272 160 9841

Follow us on and visit www.bilmanageinvest.com DO YOU NEED MORE INFORMATION ABOUT BIL MANAGE INVEST AND OUR SERVICES?

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BIL Manage Invest S.A. 42, rue de la Vallée · L-2661 Luxembourg RCS Luxembourg B178.517 T : (+352) 272 160 9841 E : info@bilmanageinvest.com www.bilmanageinvest.com The information contained in this document is provided purely for information purposes and may under no circumstances be considered to be legal, accounting, fjnancial or fjscal advice or a recommendation, a guarantee of result, a solicitation to buy or sell any security, product

  • r fjnancial instrument whatsoever. Some or all of the services or

products mentioned in this booklet may not be available in your jurisdiction and/or subject to local regulatory requirements, as applicable. In any event, these statements are valid only at the date of their writing and BMI does not undertake to update them or revise them in the light of new information, future events or other developments. Their publication is not exhaustive or even recent in character. This information is no substitute for the knowledge and competencies of their user, but must be used together with the advice of a qualifjed

  • professional. This information may originate from external service
  • providers. Unless in the event of deceit or serious misdemeanour, BMI

may not be held responsible for the use of this information and of its direct or indirect consequences. The products and services described in this document may not be available in all countries.