DMS Offshore Investment Services Launches Arena Capital Advisors on UCITS V Irish Platform
DUBLIN, April 21, 2016 /PRNewswire/ -- DMS Offshore Investment Services Ltd. (DMS), the world's largest fund governance firm, and Arena Capital Advisors (Arena) have announced the launch of the Arena Short Duration High Income Fund hosted on DMS UCITS ICAV platform.
UCITS has created a regulatory passport for investment managers to access European investors. DMS has developed a proprietary UCITS V compliant ICAV platform to provide investment managers with solutions for their UCITS requirements to support the regulatory and fund governance challenges that UCITS presents for U.S. and international investment managers doing business in Europe.
UCITS V, which came into force on March 18, 2016, strengthens the protection of UCITS investors. The regulation harmonizes the UCITS depositary regime, remuneration rules and sanctions regime broadly in line with AIFMD and its delegated acts. By providing a fully supported platform with top-tier service providers, DMS can assist with the fund structuring, establishment, regulatory, compliance, distribution, directorship, and reporting requirements of a UCITS allowing our clients to concentrate on their expertise.
"DMS is very pleased to have partnered with a manager of the caliber of Arena Capital to facilitate their European fund and distribution strategy. This demonstrates their commitment and confidence in DMS's products and people and we look forward to a successful and long standing relationship," stated Derek Delaney, Managing Director of DMS Europe.
Sanije Perrett, President of Arena Capital, commented: "The expansion of our UCITS product offerings reinforces Arena's dedication to European investors. We are excited by the growth potential of our new UCITS Fund, the Arena Short Duration High Income Fund, and are delighted to be partnering with DMS with their proven track record and unique focus in this area."
ABOUT DMS
DMS Offshore Investment Services Ltd. (DMS) is the worldwide leader in fund governance with more than 225 professionals representing leading investment funds with assets under management exceeding $330 billion. DMS provides trusted and comprehensive Fund Governance, FATCA, AIFMD + UCITS, Banking + Custody, Trust, Corporate and Outsourcing solutions that support investments across a range of structures, and diverse investment strategies.
[email protected]
ABOUT ARENA CAPITAL
Arena Capital Advisors, LLC is a registered investment adviser with the U.S. Securities and Exchange Commission. Established in 2013, Arena Capital Advisors, LLC has approximately EUR 600 million under management as at 31 October 2015 and specializes in high yield fixed income, focusing primarily on short duration corporate bonds and leveraged loans.
The investment objective of the Arena Short Duration High Income Fund is to generate superior risk adjusted returns through a portfolio of short duration investments. The investments in the firm's short duration high yield strategy consist primarily of short duration high yield securities and corporate loans.
[email protected]
Media contact:
Kate Bohner
Managing Director/Chief Marketing & Communications Officer
DMS Offshore Investment Services
(p) +1.212.403.2783 | (c) +1.917.863.5310
E: [email protected]
SOURCE DMS Offshore Investment Services Ltd.
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