Independent Fund Management & ManCo Services Across Europe and the USA

Independent by Design. Connected by Purpose.

Across Luxembourg, Dublin, London, and Chicago, Ascender Fund Partners brings together experienced teams united by a single belief: your agenda comes first.

Our independence gives us the freedom to think creatively, act decisively and remain fully aligned with our clients’ long-term goals.

Our Story

Two Legacies. One Vision.

Ascender Fund Partners was formed through the merger of Gemini Capital (Ireland) and MC Square (Luxembourg) – two independent management companies recognised for their personal approach and institutional discipline.

Together, we bring the best of both worlds:

  • Luxembourg’s depth in AIF and private asset structures,
  • Ireland’s leadership in UCITS frameworks,
  • A shared commitment to building long-term relationships that put people before process.


Our goal is simple — to give every client the confidence of strong governance with the responsiveness of a close partner.

Our Difference

Independent. Engaged. Personal.

At Ascender Fund Partners, every mandate begins with people, not structures.
Personal engagement shapes how we think, how we act and how we partner – bringing together independence, precision, agility and the strength of our team around one purpose: empowering our clients to move forward with confidence.

Independent – Personally Committed

As an independent, privately owned firm, we have the freedom to stay genuinely close to our clients.

This autonomy allows us to remain personally engaged, responsive and deeply involved in every mandate — always focused on the people and ambitions behind each structure.

One Single Agenda - Yours

Your goals aren’t just where we start they’re where we stay.

Free from external pressures or competing priorities, we act with a pure, uncompromised client-first mindset.
Your success is the only measure that defines ours.

Precision with Agility

We combine the discipline of institutional governance with the responsiveness of an independent firm.

Thinking like owners, we move decisively and responsibly — delivering the confidence, responsiveness and long-term value our clients count on.

We Believe in Team

Our people are our greatest strength, the foundation of everything we do.

Collaboration is how we work, learn and grow with each other and with our clients.
When our team thrives, partnerships deepen and value follows.
That is the culture we protect, and the promise we bring to every relationship.

Global Presence

Global Reach. Cross-Border Precision

From our offices in Luxembourg, Dublin, London, and Chicago, we support clients from around the world – combining regulatory expertise with global reach.
Each jurisdiction brings its own strengths, but our approach remains one: seamless collaboration built on trust and precision.

Ascender Fund Partners Luxembourg, founded in 1988, originally operated as MC Square before evolving into its current identity. The firm has grown from a UCITS management platform into a fully-fledged independent Management Company and Alternative Investment Fund Manager, offering a comprehensive range of UCITS headquartered in Dublin and AIF management services, complemented by corporate services, risk management and distribution oversight.
With more than three decades of experience, Ascender supports asset managers, advisors and family offices through tailored, high-quality fund solutions that combine entrepreneurial agility with institutional expertise.

Key Contacts

Christophe Jehanno
Christophe.Jehanno@Ascenderfp.com
+352 661 517 177

Alexandre Hecklen
Alexandre.Hecklen@Ascenderfp.com
+352 661 100 599

Ascender Fund Partners Ireland, founded in 2009 as GemCap Ireland, began as a fund distribution platform and has since evolved into a leading UCITS Management Company. The firm offers a full range of services to asset managers, investment advisors, and institutional clients seeking to establish and manage Irish-domiciled UCITS funds, including regulatory governance, corporate infrastructure, and global distribution oversight.

With extensive UCITS experience, Ascender combines regulatory expertise, strong governance, and a distribution-driven mindset to deliver efficient, cost-effective fund solutions, supported by a skilled and client-focused team committed to operational excellence. Ascender also provides AIFM solutions through its Dublin branch, enabling clients to manage and distribute Irish Alternative Investment Funds across Europe.

Ascender Fund Partners UK, formerly GemCap UK, is based in London and serves as the sales and distribution hub of the Ascender group. The firm provides distribution, fund hosting, and regulatory support to asset managers and advisors seeking access to UK and global markets. It represents and promotes both Luxembourg and Irish funds managed by Ascender Fund Partners Luxembourg and Ascender Fund Partners Dublin, ensuring seamless market access and investor connectivity across regions.

1 Dysart Street, London EC2A 2BX

Key Contact

Stuart Alexander
+44 (0)7768 866708
Liz Adnitt
Liz.Adnitt@Ascenderfp.com
+44 (0)7857 186963

Ascender Fund Partners Chicago serves as the North American representative of the Ascender group, focusing on business development and support of Ascender’s Luxembourg and Irish management companies. The Chicago representative office connects North American asset managers and investment advisors with Ascender’s European fund solutions, providing local market engagement, relationship management, and seamless access to UCITS and AIF solutions offered by Ascender Fund Partners Luxembourg and Ascender Fund Partners Ireland.

Key Contacts

Christophe Jehanno
Christophe.Jehanno@Ascenderfp.com
+352 661 517 177

Alexandre Hecklen
Alexandre.Hecklen@Ascenderfp.com
+352 661 100 599

Key Contacts

Christophe Jehanno
Christophe.Jehanno@Ascenderfp.com
+352 661 517 177

Alexandre Hecklen
Alexandre.Hecklen@Ascenderfp.com
+352 661 100 599

Regulatory Information

Ascender Fund Partners (UK) Limited (FRN 924419) is an appointed representative of Connexion Capital LLP (FRN 480006), which is authorised and regulated by the Financial Conduct Authority. Ascender Fund Partners (UK) Limited provides services only to Professional Clients and Eligible Counterparties and does not deal with retail clients.

Ascender Fund Partners operates through regulated management companies in Ireland and Luxembourg and representative offices in London and Chicago.
Each entity complies with its local jurisdictions’ rules and governance frameworks under UCITS and AIFMD.
The UK Facilities Agent acts on behalf of Ascender Fund Partners Group to provide investor support services in the United Kingdom.

Our Values in Action

Leading with Purpose.

We believe asset management is more than a financial return, and governance is more than compliance – it’s about integrity, purpose, and doing what’s right. Our commitment is to help shape a future where people, partnerships and progress thrive together.

At Ascender Fund Partners, these beliefs guide everything we do. We integrate environmental, social and governance principles into every part of our business – creating sustainable value for our clients, our communities and our industry, and helping build a future where people, partnerships and progress thrive together.

“When everyone moves in the same direction, your fund moves further.”

Join the Journey.

We’re always looking for talented, driven individuals who share our belief in partnership, precision and purpose.

If you want to grow with a firm that values people as much as performance, we’d love to hear from you.

Ready to start your journey?

Let’s start with a conversation about your fund’s journey.

Fund Literature

Fund literature is organised by Management Company jurisdiction — please select Dublin or Luxembourg to continue.

Welcome to DOCU²

DOCU² is a secure document management tool managed by Ascender Fund Partners, operated on the ShareFile EU Managed Zone in Dublin, Ireland.

This setup ensures that: All data are securely stored within the European Union. All transfers comply with EU GDPR data protection standards. Infrastructure is maintained in Tier III data centres with continuous monitoring and built-in redundancy.
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