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Creation and administration of a fund
Alongside fund management, the Banque Privée Edmond de Rothschild
Europe provides a wide range of high added value services in the creation and
administration of funds : safe custody of assets, calculation and control of value
at risk, dedicated reporting…
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Designing new media
The Banque Privée
Edmond de Rothschild Europe has experience and know-how in creating and administering
funds. By way of proof, more than fifty promoters throughout the world have
entrusted us with administering their structures. Steered by experienced teams,
our offer is cross-disciplinary. It ranges from feasibility studies to setting
up and administering funds. At each stage of the process – regardless of
the product created, its complexity and its specific features – fund
managers and promoters enjoy the support of our Institutional Client
Relationship Management team in charge of organising and coordinating funds
with the various internal and external parties involved.
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One length ahead
Recognised for its
capacity for innovation in the fields of fund creation and administration,
the Banque Privée Edmond de Rothschild Europe is constantly seeking to
anticipate future developments in the markets. In this way, we were the
first Luxembourg bank to develop pooling structures such as intra-fund
asset pooling and co-management. Similarly, we were the first in the Grand
Duchy to introduce a service specialising in the administration of venture
capital funds and property funds : Private Equity & Real Estate Desk.
Aimed at venture capital and property managers, this department enables the
day to day administrative management of this type of fund to be increased
significantly.
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Administrative support
Our Institutional Client Relationship
Management department is driven by a philosophy which combines the ability to
listen, reactivity, quality of services and personalisation of the responses
given, regardless of the request made, to our institutional clients, fund
managers and other third parties involved in fund management.
The team coordinates and rationalises
internal and external communications and requests for information,
centralises service requests and applies day to day strategic solutions, both
during the set-up and launch phases of new investment funds and throughout
the life of the fund.
The department is also responsible for
drafting and updating an Operating Memorandum for each fund, which sets out
the procedures, operational flows, contacts and any other information
necessary to the smooth running of the structure.
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A major player
Nearly 75% of the
assets we manage come from third party clients who do not belong to the
Edmond de Rothschild Group, which makes us one of the top Luxembourg banks
in the third party fund management segment. In total, we manage more than 500
funds and sub-funds covering total assets in excess of 40 billion Euros,
including 14 billion of alternative media.
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Control and reporting
tools
Depending on the needs
and expectations of our institutional clients, we are able to provide high
added value services such as quantitative and qualitative control of
investment restrictions, performance analysis, calculation of value at
risk, dedicated reporting and verification of Net Asset Values (NAV)... On
this last point, we are one of the top banks in Luxembourg with an error
rate of 0.02% out of more than 60,000 NAVs calculated per year.
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