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Ipes, Standish announce strategic partnership
21 March 2014
Agreement creates US-Europe market link
European-based Ipes and US-based Standish have formed a
strategic partnership agreement to share their private equity
knowledge, experience and contacts in their respective markets.
The firms (who provider fund services to managers of private
equity, venture capital, real estate and fund of funds) and
their clients will benefit from enhanced cross-jurisdictional
capabilities and access to a transatlantic network.
Standish’s clients will also be able to gain
access to Ipes’s corporate services and European
The alliance gives US-based fund managers access to experts in
European fund structures and new European regulatory
requirements, including the AIFM directive.
European managers will gain access to experts in US structures
and tax complexities, which is especially important in the
current legislative climate as managers are required to comply
with Fatca and other tax exchange agreements.
Ipes commercial director Justin Partington said, "Standish
appealed to us on the basis of their success. They have grown
rapidly through their excellent client relationships and
high-quality customised service delivery. Now is a particularly
good time to establish this partnership as both European and US
fund managers cope with AIFM directive and Fatca."
"As Standish has grown and our clients’ global
needs have expanded, we have looked to Europe to find a
partner," added Robert Raynard, managing partner Standish.
"We are looking forward to leveraging the partnership,
particularly for our clients that have a European domiciled
fund structure and need an AIFM directive depositary. Fund
managers on both sides of the Atlantic will benefit from our
collective knowledge and expertise."