An effective solution for fund distribution to EU investors
What we do – No license, no passport? Our offering is your solution
Prime-Port provides EU MiFID II compliant fund marketing & distribution services to investment managers who do not have an EU MiFID,UCITS ManCo or AIFM license. Our solution especially helps non-European Economic Area (EEA) clients and non-regulated European distributors to interact with their European clients
- We offer distribution services and solutions to investment managers, distributors and corporate financiers, who want to market and distribute their investment vehicles to professional investors in the European Economic Area.
- We service Investment Funds (eg ETF’s, ETC’s, Hedge Funds, Private Equity Funds, Real Estate Funds and other fund vehicles) and Placement Agents.
- We also provide corporate finance advisory services to private markets.
- Through C&S’s MiFID passport, clients can legitimately access EU-based professional investors without the need to obtain their own MiFID, UCITS ManCo or AIFM license.
- Access to the UK and Switzerland is provided by Privium and Accuro Investment Services AG. Prime-Port’s offering comes at a much reduced operational and financial cost versus setting up of a regulated permanent establishment within the EU.
- Through our partnerships, we can also provide you with access to UK and Switzerland.
Europe: Regulatory Environment
Financial markets in Europe are complex and highly regulated.
Non-EU managers need to bear the EU regulatory landscape in mind when accessing the EU market. Brexit has had a major impact on the fundraising landscape in Europe. UK AIFMs lost their AIFMD marketing passports, whilst other non-EU managers lost their ability to access the European Union (EU) / European Economic Area (EEA) through the UK via passporting.
Since Brexit, we have seen a strong demand from UK clients wanting to keep access to their existing and prospective new EU clients and investors. New regulations have increasingly restricted access to the EU for non-EEA regulated managers and distributors, making simple solutions like reverse solicitation a no-go.
For the distribution of investment vehicles or services, investment firms require a distribution license issued by the local regulatory authorities for each country of the European Economic Area (EEA). Third country managers cannot freely circulate their funds throughout the EU on a cross-border basis. Regulations may also block access to local non-regulated distributors. Setting up a regulated permanent establishment within the EU involves substantial initial and recurring legal and operational costs.
With continuous due diligence, Prime-Port
- will provide oversight over the distribution activities
- will make sure that all marketing communications adhere to existing legal and regulatory requirements, including MIFID II, UCITS and AIFMD.
- will support the client to perform its compliance function with regards to its European distribution activities.
Regulatory hosting is a useful solution for emerging managers or managers who want to avoid the complexity and expense of establishing their own regulated entity.
Who We Are
Prime-Port
Prime-Port is a brand name of Cura & Senectus Investment AG (‘C&S’), a MiFID II license holder, based in Vaduz, Liechtenstein.
Prime-Port makes use of the capabilities and expertise of C&S and its partners, including Accuro Investment Services (CH), Darwin Platform (NL) and Privium Fund Management (UK) Ltd. All of our partners enjoy an excellent reputation. With the support of their experienced staff, we can more effectively manage your regulatory risk. With our partner offices in Amsterdam, Vaduz, London, Zurich, New York, Hong Kong and Singapore, we are able to provide a comprehensive global service solution to our clients.
Prime-Port Financial Services B.V.
Prime-Port Financial Services B.V. ('PPFS') is a tied agent of Cura & Senectus Investment AG and is based in Amsterdam, The Netherlands. PPFS acts under the exclusive, full, and unconditional responsibility of C&S, soliciting business and promoting investment or ancillary services (such as taking/transmitting orders, fund distribution, introducing brokerage, investment advice). The company is registered with the Dutch national supervisory authority.
Cura & Senectus Investment
Cura & Senectus Investment AG is an investment firm authorized and regulated by the Financial Markets Authority (FMA) of Liechtenstein. The company has a MiFID license and is registered with the SEC as investment advisor (CRD # 294103/SEC#:801-112984). Legally, Prime-Port is a brand name of C&S.
Where We Are
Prime-Port is based in the heart of Europe. Liechtenstein’s attractive tax rates, monetary union with Switzerland and free market access across Europe are key attractions. With our partner’s offices in Amsterdam, London, Hong Kong and Singapore, we are able to provide a comprehensive global service solution to our clients.
Sven Bouman
Mr. Sven Bouman is the contact person for Prime-Port. He joined C&S Investment in 2023. Sven is also an advisor to Privium Fund Management since 2021. Previously, he was the CEO and founder of Saemor Capital, a market neutral L/S hedge fund. Prior to that, Sven was Head of Equities at Aegon AM and portfolio manager at ING IM.