Independent depositary and fund oversight provider INDOS Financial has announced it has been appointed to provide AIFMD depositary and anti-money laundering (AML) compliance officer services to the newly launched VI Global Equity Fund, a Cayman Islands domiciled master/ feeder fund. The fund follows a fundamental long/ short strategy and is managed by UK-based Lijaro Asset Management.
Commenting on the appointment INDOS Financial CEO, Bill Prew, said “Despite the challenges of COVID-19 it is very much business as usual for INDOS as we continue to on-board new clients. We are delighted to be providing independent depositary and AML officer services to the Lijaro fund. The appointment highlights the continued importance being placed by managers and funds on a depositary model that is independent from other service providers of a fund.”
Fraser McIntyre, Partner and COO at Lijaro Asset Management, commented “The INDOS team have done an excellent job setting up the depositary and AML officer services to support the fund launch, and we look forward to working with them in future”
About INDOS Financial
Founded in 2012, INDOS has grown organically, developing solutions recognised as industry-leading within the fund oversight and depositary service space. As of June 2020, client assets under depositary oversight had grown past $35 billion and a further $10bn which form part of the INDOS MLRO (Money Laundering Reporting Officer) service clients. INDOS also provides a range of Environmental, Social, Governance (ESG) services for funds.
