With our existing UCITS Umbrella Fund, getting a fund established is both competitive in relation to price and speed to market.
Our structure allows investment managers and their funds to benefit from the scale of a much larger structure. Sharing the costs across the whole of the Fund Umbrella saves significant ongoing costs.
As more funds and more assets come into the Companies, then the economies of scale are enhanced.
An investment manager’s brand is a key part of their value proposition. Gemini ensures the branding of the investment manager is central to all aspects of its proposition. For example, the sub-fund will be branded with the investment manager’s name.
| Hosting Partner | Gemini may undertake product development, research and marketing functions, in addition to acting as both a host/promoter to the funds, through GIF Plc. Gemini will also promote the sub – fund in agreed designated markets/ channels |
| Hosting Manager | Gemini acting solely as host/ promoter through GIF Plc. |
- Initial Due Diligence:
-
- Strategy feasibility review
- Review of manager operational readiness
- Operational/Risk training
- Project manage Sub-Fund launch
- Facilitate the drafting of the Sub-Fund documentation.
- Co-ordinate the regulatory approval for Sub-Investment Manager/Adviser and Sub-Fund
- Market access:
-
- Custody account opening
- Prime Brokerage Agreements – ISDA, CSA
- Build out the suite of marketing documentation
Regulatory Support
- Provision of regulatory capital
- Local control functions -Risk, Compliance, MLRO
- GemCap is ultimately responsible with the Central Bank of Ireland
Distribution Support
- Country registrations
- Third party platforms
- Tax Reporting
- Platform website maintenance – NAVs, fund documentation
- Periodic manager investment and operational reviews
Operational Support
- Day-to-day operational support and issue escalation
- Co-ordination of service providers: Administrator, Depositary, Trustee, Auditor, Directors, Lawyers, Company Secretary and Listing Broker (where applicable)
- Co-ordination of annual audit and interim financials
- Management of fund documentation: Prospectus, Supplement and KIID’s
Fiduciary Oversight
- Monitoring compliance to UCITS rules and regulations and Central Bank of Ireland requirements
- Monitoring compliance to investment restrictions outlined in the Sub-Fund’s Supplement Prospectus
- Periodic reporting to the GIF plc board
- Regulatory reporting
- Pre Launch
-
- Initial Due Diligence:
-
- Strategy feasibility review
- Review of manager operational readiness
- Operational/Risk training
- Project manage Sub-Fund launch
- Facilitate the drafting of the Sub-Fund documentation.
- Co-ordinate the regulatory approval for Sub-Investment Manager/Adviser and Sub-Fund
- Market access:
-
- Custody account opening
- Prime Brokerage Agreements – ISDA, CSA
- Build out the suite of marketing documentation
- Post Launch
-
Regulatory Support
- Provision of regulatory capital
- Local control functions -Risk, Compliance, MLRO
- GemCap is ultimately responsible with the Central Bank of Ireland
Distribution Support
- Country registrations
- Third party platforms
- Tax Reporting
- Platform website maintenance – NAVs, fund documentation
- Periodic manager investment and operational reviews
Operational Support
- Day-to-day operational support and issue escalation
- Co-ordination of service providers: Administrator, Depositary, Trustee, Auditor, Directors, Lawyers, Company Secretary and Listing Broker (where applicable)
- Co-ordination of annual audit and interim financials
- Management of fund documentation: Prospectus, Supplement and KIID’s
Fiduciary Oversight
- Monitoring compliance to UCITS rules and regulations and Central Bank of Ireland requirements
- Monitoring compliance to investment restrictions outlined in the Sub-Fund’s Supplement Prospectus
- Periodic reporting to the GIF plc board
- Regulatory reporting