All services Fund and Asset Managers Private and Institutional Asset Owners Debt, Capital Markets and Corporate

Hosted AIFM solution for UK REIT

27 Jun 2023

The client, their challenge

Our client is a property business listed on the London Stock Exchange, with a portfolio of UK properties that are leased to tenants operating in the life sciences sector.

Structured as a real estate investment trust (REIT), this portfolio is required to comply with the Alternative Investment Fund Managers Directive (AIFMD) as implemented into UK legislation. A comprehensive, outsourced AIFM ManCo solution was sought.

Our solution

The client appointed G10 Capital (one of IQ-EQ’s regulated entities) as a third-party AIFM in the UK. As AIFM, G10 is ultimately responsible for the portfolio management and risk management of the REIT under AIFMD.

In this case, the investment adviser to the REIT has also been provided with Appointed Representative services by G10, allowing it to conduct the regulated activities of investment management and marketing without direct FCA authorisation.

Our/G10’s oversight means that all relevant regulatory requirements (including Annex IV reporting) are complied with. This gives investors comfort that all the compliance boxes are ticked.

What’s more, compliance costs are fixed, allowing better budgeting and overall lower costs compared to building and operating the same structures in-house.


The REIT is now listed on the London Stock Exchange in its own right, and all regulatory requirements are taken care of by IQ-EQ, allowing the investment manager to focus on what they do best – sourcing investors and deals.

Find out more about IQ-EQ’s hosted AIFM solutions in the UK and beyond

Working with IQ-EQ has been seamless – you and your team understand our business, advise us appropriately, and handle your side of our collective partnership so that we can focus on making good investment decisions. Evan Gibson SVP, Merchants Capital

Get in touch with us today

We’re ready to listen.

Make an enquiry

Interested in joining our team?

We are always on the lookout for passionate people that possess IQ and EQ to join our growing team.

View job vacancies