{"id":1167,"date":"2023-02-13T11:44:58","date_gmt":"2023-02-13T11:44:58","guid":{"rendered":"https:\/\/iqeq.com\/nl\/services\/aifm-services-depositary-services\/"},"modified":"2026-05-19T13:20:34","modified_gmt":"2026-05-19T13:20:34","slug":"aifm-services-depositary-services","status":"publish","type":"service","link":"https:\/\/iqeq.com\/nl\/services\/aifm-services-depositary-services\/","title":{"rendered":"Alternative investment fund manager (AIFM) services"},"content":{"rendered":"<section class=\"text-block standard-spacing  \">    <div class=\"container fade-in\">\n        <h1>Raise and manage funds in Europe with an AIFM model you can rely on<\/h1>\n<p>Managing funds in Europe means navigating the requirements of the Alternative Investment Fund Managers Directive (AIFMD) as well as multiple jurisdictions and complex coordination between managers, AIFMs and service providers. Done poorly, it leads to delays, duplicated work and increased regulatory risk.<\/p>\n<p>At IQ-EQ, we&#8217;re not only a <a href=\"https:\/\/iqeq.com\/services\/fund-administration-services\/\">fund administrator<\/a> but can provide the AIFM infrastructure, governance and operational support you need to raise capital and operate in Europe with confidence. We have a strong track record in helping global asset managers access European investors \u2013 whether through our AIFM support services or our third-party AIFM platforms in Luxembourg, France, Ireland and the UK. Whether your strategy is liquid, illiquid or a <a href=\"https:\/\/iqeq.com\/services\/hybrid-funds\/\">combination of both<\/a>, we help you establish the right structure to accelerate market entry and maintain control as your fund grows.<\/p>\n<p style=\"text-align: center\"><a class=\"btn btn--purple\" href=\"https:\/\/iqeq.com\/make-an-enquiry\/\">Speak to an expert<\/a><\/p>\n            <\/div>\n<\/section>\n\n<section class=\"service-boxes\">\n    <div class=\"container\">\n                            <div class=\"boxes\">\n                                    <div class=\"box box--purple\">\n                                                    <p class=\"title\">$950bn+<\/p>\n                                                <p>assets under administration<\/p>\n                    <\/div>\n                                    <div class=\"box box--purple\">\n                                                    <p class=\"title\">800+<\/p>\n                                                <p>funds under administration<\/p>\n                    <\/div>\n                                    <div class=\"box box--purple\">\n                                                <p>Supporting <strong>13 of the top 15<\/strong> private equity firms<\/p>\n                    <\/div>\n                            <\/div>\n                    <\/div>\n<\/section>\n\n<section class=\"sidebar-anchor\">\n    <div class=\"container\">\n                    <h2 id=\"services-we-deliver-as-your-aifm-partner\">Services we deliver as your AIFM partner<\/h2>\n            <\/div>\n<\/section>\n\n<section class=\"text-block standard-spacing  \">    <div class=\"container fade-in\">\n        <ul class=\"ticks\">\n<li><strong>AIFM oversight and governance<br \/>\n<\/strong>Acting as your AIFM or ManCo, including regulatory oversight, governance frameworks and board reporting aligned with AIFMD (and <a href=\"https:\/\/iqeq.com\/insights\/aifmd-2-a-harmonised-framework-for-loan-origination-funds\/\">AIFMD 2<\/a>) requirements<\/li>\n<li><strong>Risk management and valuation oversight<br \/>\n<\/strong>Independent risk assessment, monitoring and valuation oversight to support regulatory compliance and investor transparency<\/li>\n<li><strong>Fund administration and reporting<\/strong><br \/>\nDelivering NAV calculation, fund accounting, investor reporting and regulatory reporting (<a href=\"https:\/\/iqeq.com\/services\/annex-iv-reporting\/\">Annex IV<\/a>) to ensure accurate, consistent data across all stakeholders<\/li>\n<li><strong>AML\/KYC and investor onboarding<\/strong><br \/>\nStreamlining investor onboarding and ongoing monitoring through <a href=\"https:\/\/iqeq.com\/services\/aml-kyc-services\/\">managed AML\/KYC services<\/a>, supported by technology-enabled workflows<\/li>\n<li><strong>Depositary and depositary-lite services<\/strong><br \/>\nActing as an <a href=\"https:\/\/iqeq.com\/services\/depositary-services\/\">independent depositary<\/a> for UK and EU AIFs, with depositary-lite solutions for non-EU structures operating under NPPR<\/li>\n<li><strong>Distribution and marketing support<\/strong><br \/>\nSupporting EU passporting and <a href=\"https:\/\/iqeq.com\/insights\/laying-the-groundwork-how-emerging-managers-can-pre-market-a-strategy-in-europe-without-setting-up-a-fund\/\">pre-marketing<\/a> activities to enable compliant fund distribution across jurisdictions<\/li>\n<\/ul>\n            <\/div>\n<\/section>\n\n<section class=\"text-block standard-spacing  \">    <div class=\"container fade-in\">\n        <h2>Routes to market for European fundraising<\/h2>\n<h3>EU AIFM and passporting<\/h3>\n<p>Funds can be established and distributed across the EU using passporting frameworks, supported by AIFM platforms in key jurisdictions such as <a href=\"https:\/\/iqeq.com\/services\/luxembourg-aifm\/\">Luxembourg<\/a>, <a href=\"https:\/\/iqeq.com\/services\/france-aifm\/\">France<\/a>, <a href=\"https:\/\/iqeq.com\/services\/ireland-aifm\/\">Ireland<\/a> and the Netherlands. Managers may choose to operate an in\u2011house AIFM, setting up and running their own within the organisation, or alternatively engage a third\u2011party AIFM, where an independent firm like IQ\u2011EQ provides services and assumes responsibility for regulatory compliance and operational functions.<\/p>\n<h3>National Private Placement Regimes (NPPR)<\/h3>\n<p>The NPPR framework allows non-EU AIFMs to market their funds to professional investors in certain individual European jurisdictions (including UK), even without access to the EU marketing passport. Guernsey and Jersey are two key jurisdictions with strong NPPR propositions.<\/p>\n<p>The NPPR approach offers a more targeted route where full AIFMD passporting may not be required, and allows you to keep your current fund structure, but with each jurisdiction imposing its own requirements, the process can become complex and resource-intensive for managers seeking to access multiple markets. Thankfully, IQ-EQ is here to help \u2013 discover our <a href=\"https:\/\/iqeq.com\/services\/marketing-under-the-national-private-placement-regime-nppr\/\">NPPR registration<\/a> solutions.<\/p>\n<h3>Pre-marketing under CBDF<\/h3>\n<p>Under the Cross-Border Distribution of Funds (CBDF) <a href=\"https:\/\/iqeq.com\/insights\/laying-the-groundwork-how-emerging-managers-can-pre-market-a-strategy-in-europe-without-setting-up-a-fund\/\">pre-marketing<\/a> regime introduced in 2021 within the wider AIFMD framework, managers are able to test (professional) investor appetite and validate demand <strong>before<\/strong> committing to the costly and time-consuming process of setting up a fund. The regime allows an AIFM representing a GP to share investment strategies or ideas with potential professional investors, within certain limits.<\/p>\n<p>To leverage this opportunity, the first step is to file a pre-marketing notification with the regulator in the EU country where your AIFM is based. Non-EU managers (such as those in the U.S. or UK) typically need to partner with an EU AIFM or third-party AIFM \u2013 which, again, is where we come in.<\/p>\n            <\/div>\n<\/section>\n\n<section class=\"text-block standard-spacing  \">    <div class=\"container fade-in\">\n        <h2>AIFM services in the context of private market &#8220;retailisation&#8221;<\/h2>\n<p><a href=\"https:\/\/iqeq.com\/services\/hybrid-funds\/\">Evergreen funds<\/a> (i.e. funds with a perpetual lifespan offering periodic liquidity) are gaining traction as managers seek to tap into the broader retail-adjacent markets opened up by frameworks like the EU\u2019s evolved <a href=\"https:\/\/iqeq.com\/insights\/guide-to-eltif-2-0\/\">ELTIF 2.0<\/a>, which came into effect in January 2024. While such funds offer various opportunities and advantages, they also introduce heightened operational complexity \u2013 from frequent NAV calculations and valuations, to continuous fundraising, investor onboarding and redemption management.<\/p>\n<p>Working with an experienced fund administrator and AIFM service provider can significantly lighten this load.<\/p>\n<p>The top three domiciles for ELTIF 2.0 launches are Luxembourg, France and Ireland \u2013 and at IQ-EQ we\u2019ve honed full ELTIF service offerings in all three of these jurisdictions, including licensed AIFM platforms. We proudly supported more than 20 evergreen funds in 2025 alone, including multiple ELTIFs. Discover more on our centres of excellence below, or <a href=\"https:\/\/iqeq.com\/services\/hybrid-funds\/\">click here<\/a> to learn more about how we support evergreen funds.<\/p>\n            <\/div>\n<\/section>\n\n<section class=\"key-services standard-spacing\">\n    <div class=\"container\">\n                    <h2>Our AIFM centres of excellence<\/h2>\n                            <div class=\"services row-load\">\n                                    <a href=\"https:\/\/iqeq.com\/nl\/services\/aifm-services-depositary-services\/\" class=\"service-box\">\n                        <div class=\"title\">\n                            <img width=\"62\" height=\"62\" class=\"attachment-key_services size-key_services lozad\" alt=\"\" sizes=\"(max-width: 62px) 100vw, 62px\" data-src=\"https:\/\/iqeq.com\/nl\/wp-content\/uploads\/sites\/14\/2023\/02\/PFB-AIFM-Services-Depositary-Services-118-62x62.png\" \/>                            <h4>France<\/h4>\n                            <div class=\"arrow\"><\/div>\n                        <\/div>\n                        <p>France stands as one of the most established and respected markets in the global funds industry, home to more than 700 asset managers, including over 400 management companies dedicated to private asset classes. With its deep expertise in private equity, real estate and infrastructure, France offers a robust ecosystem for AIFMs. At the core of this strength lies the Autorit\u00e9 des march\u00e9s financiers (AMF), France\u2019s financial regulator, which enforces strict authorisation requirements for the management and marketing of non-UCITS funds. <\/p>\n                    <\/a>\n                                    <a href=\"https:\/\/iqeq.com\/nl\/services\/aifm-services-depositary-services\/\" class=\"service-box\">\n                        <div class=\"title\">\n                            <img width=\"62\" height=\"62\" class=\"attachment-key_services size-key_services lozad\" alt=\"\" sizes=\"(max-width: 62px) 100vw, 62px\" data-src=\"https:\/\/iqeq.com\/nl\/wp-content\/uploads\/sites\/14\/2023\/02\/PFB-AIFM-Services-Depositary-Services-118-62x62.png\" \/>                            <h4>Luxembourg<\/h4>\n                            <div class=\"arrow\"><\/div>\n                        <\/div>\n                        <p>Luxembourg is a global hub for international fund distribution and home to Europe\u2019s premier investment fund centre, which is the second biggest in the world. It\u2019s the European leader in international securities listings with the first and only exchange platform (LGX) dedicated to sustainable green and social securities. LuxSE is the international market leader in the listing of Dim Sum Bonds and was the first Islamic fund centre in Europe. Luxembourg is a founding member of the EU and one of the three official seats of the European institutions. It is also home to our Group headquarters.<\/p>\n                    <\/a>\n                                    <a href=\"https:\/\/iqeq.com\/nl\/services\/aifm-services-depositary-services\/\" class=\"service-box\">\n                        <div class=\"title\">\n                            <img width=\"62\" height=\"62\" class=\"attachment-key_services size-key_services lozad\" alt=\"\" sizes=\"(max-width: 62px) 100vw, 62px\" data-src=\"https:\/\/iqeq.com\/nl\/wp-content\/uploads\/sites\/14\/2023\/02\/PFB-AIFM-Services-Depositary-Services-118-62x62.png\" \/>                            <h4>Ireland<\/h4>\n                            <div class=\"arrow\"><\/div>\n                        <\/div>\n                        <p>Companies seeking to gain or maintain access to EU markets are increasingly basing themselves in Ireland due to its competitive, pro-business environment. Ireland has the fastest-growing economy in the Eurozone and benefits from sustainably managed finances and an \u2018A\u2019 grade rating from all major credit rating agencies. The country is home to over 8,000 Irish domiciled funds with net assets of \u20ac4.1 trillion, as of 2021.<\/p>\n                    <\/a>\n                                    <a href=\"https:\/\/iqeq.com\/nl\/services\/aifm-services-depositary-services\/\" class=\"service-box\">\n                        <div class=\"title\">\n                            <img width=\"62\" height=\"62\" class=\"attachment-key_services size-key_services lozad\" alt=\"\" sizes=\"(max-width: 62px) 100vw, 62px\" data-src=\"https:\/\/iqeq.com\/nl\/wp-content\/uploads\/sites\/14\/2023\/02\/PFB-AIFM-Services-Depositary-Services-118-62x62.png\" \/>                            <h4>UK<\/h4>\n                            <div class=\"arrow\"><\/div>\n                        <\/div>\n                        <p>The UK is the largest European centre for alternative asset management including hedge, private equity, venture capital, private debt, real estate and ESG funds, second only to the U.S. globally. While UK AIFMs no longer have access to the AIF marketing passport, they remain attractive to managers who want to market to UK and Swiss investors only or use the National Private Placement Regime (NPPR) to access EU investors. The UK also has a significant listed AIFs sector, in particular property funds known as real estate investment trusts (REITs).<\/p>\n                    <\/a>\n                            <\/div>\n                    <\/div>\n<\/section>\n\n<section class=\"text-block standard-spacing  \">    <div class=\"container fade-in\">\n        <h3>Why IQ-EQ?<\/h3>\n<p>We work as an extension of your team, providing coordinated AIFM oversight, administration and reporting to simplify operations and maintain consistent compliance across your fund structures.<\/p>\n            <\/div>\n<\/section>\n\n<section class=\"service-boxes\">\n    <div class=\"container\">\n                            <div class=\"boxes\">\n                                    <div class=\"box box--purple\">\n                                                <p><strong>Fully authorised AIFM platform. <\/strong>Delivering governance, risk, valuation and regulatory oversight aligned with AIFMD requirements<\/p>\n                    <\/div>\n                                    <div class=\"box box--purple\">\n                                                <p><strong>European infrastructure across key jurisdictions. <\/strong>Supporting fund structures in Luxembourg, France, Ireland, the Netherlands and the UK<\/p>\n                    <\/div>\n                                    <div class=\"box box--purple\">\n                                                <p><strong>Flexible AIFM structures. <\/strong>Supporting third-party, hosted or standalone AIFM models based on your strategy<\/p>\n                    <\/div>\n                                    <div class=\"box box--purple\">\n                                                <p><strong>Private markets expertise. <\/strong>Experience across all asset classes and strategies<\/p>\n                    <\/div>\n                            <\/div>\n                    <\/div>\n<\/section>\n\n<section class=\"text-block standard-spacing  \">    <div class=\"container fade-in\">\n        <h3>Take a structured approach to raising capital in Europe<\/h3>\n<p>With IQ-EQ on your team, you can enter the European market with a structure and operating model that supports compliant fundraising from day one and continues to hold up as your fund grows.<\/p>\n<p><strong>Speak to an expert about how we can support your AIFM setup and European fundraising strategy.<\/strong><\/p>\n            <\/div>\n<\/section>\n\n<section class=\"hubspot-form standard-spacing\">\n    <div class=\"container fade-in\">\n        <div class=\"wp-block-hubspot\">\n                                        <div class=\"wp-block-hubspot__form\">\n                    \n\t\t\t\t\t\t<script>\n\t\t\t\t\t\t\twindow.hsFormsOnReady = window.hsFormsOnReady || [];\n\t\t\t\t\t\t\twindow.hsFormsOnReady.push(()=>{\n\t\t\t\t\t\t\t\thbspt.forms.create({\n\t\t\t\t\t\t\t\t\tportalId: 1931131,\n\t\t\t\t\t\t\t\t\tformId: \"6fba30e7-6fb2-4499-a083-5b3e4b18ac52\",\n\t\t\t\t\t\t\t\t\ttarget: \"#hbspt-form-1779220401000-1765411075\",\n\t\t\t\t\t\t\t\t\tregion: \"\",\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t})});\n\t\t\t\t\t\t<\/script>\n\t\t\t\t\t\t<div class=\"hbspt-form\" id=\"hbspt-form-1779220401000-1765411075\"><\/div>                <\/div>\n                    <\/div>\n    <\/div>\n<\/section>\n\n\n<section class=\"testimonial-box standard-spacing\">\n    <div class=\"container\">\n        <div class=\"box\">\n            <blockquote class=\"style2 fade-in\">\n                <span>Working with IQ-EQ has been seamless \u2013 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.<\/span>\n                <cite>\n                    <span>Evan Gibson<\/span>\n                    SVP, Merchants Capital                <\/cite>\n            <\/blockquote>\n        <\/div>\n            <\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":0,"parent":0,"menu_order":0,"template":"","expertise":[12],"service_category":[104],"class_list":["post-1167","service","type-service","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Alternative investment fund manager (AIFM) services | IQ-EQ Netherlands<\/title>\n<meta name=\"description\" content=\"IQ-EQ\u2019s AIFM services help you to reach European investors with streamlined compliance and less regulatory risk. 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