Altum Group granted UCI extension to its Luxembourg PSF license
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Altum Group, a leading financial services provider, has been granted an Undertaking for Collective Investment (UCI) extension by the Commission de Surveillance du Secteur Financier (CSSF), growing its reach in the region and proposition for alternative fund managers.
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Securing the UCI extension from the CSSF enables Altum to provide a fully integrated fund administration and transfer agency solution to all alternative investment funds. This news follows from the announcement of our agreed acquisition of Link Fund Solutions S.A., a leading provider of AIFM services (which is subject to CSSF approval). We are delighted to be able to provide this comprehensive fund offering and strengthen our presence in Luxembourg, one of our key jurisdictions.
Luxembourg is widely regarded as a premier jurisdiction for conducting funds business and has a long-standing and well-established reputation for its political stability, strong regulatory framework, and investor protection measures. The jurisdiction is attractive for fund managers and investors alike and offers a multilingual workforce and deep expertise in fund administration, custody, and distribution.
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