MPMF Selected to Provide Designated Persons to LGIM Managers (Europe) Limited

MPMF Fund Management (Ireland) Limited ("MPMF"), the Maples Group’s alternative investment fund manager and UCITS management company, has announced its engagement with LGIM Managers (Europe) Limited ("LGIM MEL") to provide designated persons to support its Irish management company.

LGIM MEL is part of the LGIM Holdings group, which includes Legal & General Investment Management ("LGIM"), one of Europe’s largest asset managers and a major global investor.  LGIM works with a wide range of clients including pension schemes, sovereign wealth funds, fund distributors and retail investors. MPMF has an experienced team of investment and risk management professionals and designated individuals with in-depth knowledge of finance and operations, regulatory and compliance matters. This expertise, coupled with MPMF’s customisable approach, high-touch client service and robust infrastructure, were key elements in LGIM MEL’s decision to engage with MPMF. MPMF has been a critical partner, working with LGIM MEL during the management company authorisation process and now providing designated persons to fulfil all of the management functions as required by the AIFMD and the UCITS directives for LGIM MEL’s Irish and Luxembourg-domiciled funds.

Setting up in Ireland ensures that LGIM MEL will be well positioned to seamlessly serve its existing and future clients, both in Ireland and across the EU. "On behalf of the MPMF team, we are proud to support LGIM MEL in establishing their Irish management company," said Catherine Lane, Director and Senior Vice President, MPMF.

As demands from global regulators and investors have become more complex, so has the role of independent management oversight and the fulfilment of compliance requirements. We are proud to support LGIM MEL in this capacity and look forward to continuing to deliver a high calibre of service and further developing our partnership."