Luxembourg-based KMG Sicav SIF has launched a platform for hedge fund managers to create their own Sicav SIF funds.

KMG’s CEO Kevin Mudd said managers as well as advisors, family offices and high net-worth individuals the platform to form their own Luxembourg-regulated Sicav SIF funds, which can accommodate all asset classes including hedge funds, private equity and real estate, and do not carry any restrictions on leverage.

“Launching a Sicav SIF fund gives financial advisors and affluent investors control over their assets,” said Mudd. “For businessmen and entrepreneurs, establishing a fund can be a highly time- and cost-effective strategy for raising capital.”

The KMG Sicav SIF platform also promises fund managers cost-effectiveness through economies of scale, providing all back office support, administration and other services.