Business · Companies · 11 hrs ago

Carta authorized to provide fund administration services in Luxembourg

Carta authorized to provide fund administration services in Luxembourg

Carta has been authorized to operate in Luxembourg as a specialised professional of the financial sector.

The authorization is supervised by Luxembourg’s financial regulator, the CSSF.

It covers five functions, including fund administration, company registration and client communications.

Carta says the licence adds fund administration and transfer agency services to its platform for private capital and fund managers.

Luxembourg is the world’s second-largest fund domicile, with about 5,000 alternative investment fund entities managing more than €1 trillion in assets.

The authorization allows Carta to provide the covered services in Luxembourg.

What people are saying

The connected platform for private capital adds licensed fund administration and transfer agency to an ERP suite built for Luxembourg fund managers
CartaCompanyvia Financial Post

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