UCITS Platform MontLake Strikes Deal With Acolin Fund Services

Nov 21 2011 | 12:23pm ET

ML Capital’s UCITS platform MontLake has inked a distribution agreement with Acolin Fund Services of Zurich.

The deal will provide managers on the MontLake platform access to several hundred banking groups across the German and Swiss marketplaces.
 
Said John Lowry, chairman of ML Capital, in a statement: “The market is clearly recognizing the vital importance of distribution which a well placed UCITS platform can deliver. This deal with Acolin will further enhance our competitive position as these distribution deals can often take a year or more to structure. We are currently also in discussions with a number of distribution partners and private banking groups in Latin America and Asia, which are experiencing significant demand for alternative UCITS products“.
 
ML Capital says MontLake is on target to exceed $500 million AUM by the end of Q2 2012.
 
 


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...