The Ascender Fund Partners group of companies creates a larger independent fund management company supporting both UCITS and AIFs with expertise in Ireland and Luxembourg and a true European footprint.
LUXEMBOURG – MC Square S.A. is delighted to announce its official rebranding to Ascender Fund Partners as an independent management company service provider (UCITS & AIFs), serving the Luxembourg and Irish markets.
With operational hubs in Luxembourg and Dublin, Ascender Fund Partners brings together nearly four decades of local fund management expertise. The firm is positioned as a strategic partner for asset managers – particularly those in the US and UK – seeking to navigate the regulatory requirements of the CSSF and CBI, and the opportunities in global distribution of their Funds.
Combining scale with agility
The rebranding signals a shift in the group’s service model. By combining MC Square’s and GemCap’s respective experience, Ascender Fund Partners can now offer local fund management expertise in the top two leading fund domiciles in Europe, Luxembourg and Ireland, under a single umbrella group.
André Lecoq, Group CEO of Ascender Fund Partners, commented: “Bringing together our two companies under the Ascender Fund Partners brand is the logical next step in our growth. We can now provide asset managers with the best of both worlds – the technical heritage of MC Square with AIFs and UCITS and the dynamic approach of GemCap with the UCITS platform and their heritage in Fund Distribution – to build a firm that fills a specific gap in the market. We are large enough to provide robust local substance, and we remain independent and agile enough to prioritise our clients’ agendas.”
A transatlantic bridge
A key differentiator for the group remains its active representative offices in the US and UK. Ascender specifically targets asset managers in these markets, providing the necessary substance and governance to access European capital and beyond.
Alexander Hecklen, Chief Executive Officer of Ascender Fund Partners (Luxembourg) Limited, added: “For US and UK managers, Europe represents a significant opportunity, but often a regulatory challenge. Our role is to act as their navigator. Whether firms are launching a UCITS or an AIF, the Ascender group can provide the infrastructure that allows managers to focus on what they do best: generating alpha. Under this single voice and identity, we are removing the barriers to cross-border distribution.”
ENDS
About Ascender Fund Partners
Ascender Fund Partners is a leading independent Management Company (UCITS & AIFM) and fund governance specialist. Building on the established heritage of MC Square (est. 1988) and GemCap (est. 2009), the firm provides risk management, compliance and cross-border distribution oversight services. Headquartered in Luxembourg with offices in Dublin, London and Chicago, Ascender Fund Partners serves a global client base with a commitment to operational excellence.
Media contact: Edâ Celik Associate – Marketing Officer eda.celik@ascenderfp.com
www.Ascenderfundpartners.com
