IQ-EQ is delighted to announce support for Faros Point Capital Management (“Faros Point”), following the successful launch of a new credit fund. Faros Point engaged IQ-EQ to provide a comprehensive suite of regulatory and compliance services in the UK and Ireland.
Faros Point received backing from a group that includes US college endowments and family offices, with the fund launching in December 2023. The fund will focus on opportunistic credit investments in European public and private markets.
G10 Capital Limited – an IQ-EQ subsidiary – is providing UK Investment Management and Appointed Representative services while IQ-EQ Fund Management (Ireland) Limited has been appointed as AIFM to the new credit fund.
Joe Woodbury, Executive Director, Funds, at IQ-EQ who led the fund launch for IQ-EQ. commented:
“We’re delighted to have been appointed by Faros Point. Not only is this win an excellent mandate for both our UK Regulatory and Compliance Solutions and Irish teams, but it also further strengthens our credit practice and reaffirms IQ-EQ’s position as the market leader for providing regulatory, compliance and investor services to private debt and credit strategies.”