The client, their challenge
Our client, one of the largest private equity sponsors in Japan, sought a fund administrator who could support their new Cayman fund:
- In the Asian time zone, with teams based in Japan, Hong Kong and Singapore
- Expert knowledge of the Singapore fund manager regulatory regime, as the principal advisory function is located in Singapore
- A client onboarding team fluent in Japanese who are able to communicate effectively with Japanese investors and navigate the cultural and practical requirements of information collection
- A local business development team capable of discussing complex matters with clients in multiple languages
Our solution
IQ-EQ’s teams in Singapore, Tokyo and Hong Kong have worked with the respective teams of the client to facilitate the most efficient communication between the two organisations, which resulted in efficient communications with investors, especially in Japan.
IQ-EQ’s team in Japan worked with its investor onboarding team in Singapore, who then work with client’s IR (in Tokyo), compliance (in HK) and operation (in Singapore) teams to make sure the investor experience would be flexible and frictionless while ensuring all relevant regulatory requirements in Singapore, Cayman and Japan are being met.
The results
The new fund is in the last phase of its first close, due January 2025, and will be in the market for additional investor commitments for the next 12 months, assisted by the teams at IQ-EQ.
