SGG Fund Solutions
Contents About SGG SGG at a glance Why SGG? Our service offering SGG, your partner throughout the fund lifecycle How can SGG assist in your fund structure? At the service of private equity, hedge fund, mutual fund, real estate and debt fund managers SGG's distinctive expertise SGG, active member of industry associations Our people Our experienced team Our worldwide locations 4 4 5 6 8 9 10 12 14 15 16 18 The information contained in this document is of a general nature only and does not constitute a particular tax or investment opinion. Any person intending to rely on this document in respect of his or her personal, legal, or fiscal situation is advised to seek the counsel of an authorized specialist. Therefore, SGG assumes no responsibility should a piece of information contained herein prove to be false, inaccurate, incomplete, or falsified, or because of any erroneous transmission of data contained herein. Futhermore, issuance of this document does not imply a promise by SGG to update it in the future.
About SGG SGG Group is a leading fund and investor services firm providing a comprehensive range of compliance, administration and asset services to alternative investment funds, international companies, HNW families and entrepreneurs. From our early beginnings in the Private Clients space, we have evolved and grown, and this has shaped the way we do business. SGG is among the most flexible providers in the sector and our entrepreneurial spirit drives us to find the best solutions for our clients. We help our clients realise their ambitions as they seek to keep pace with a changing environment. SGG attracts and retains the most experienced experts and invests in the industry s leading software platforms to deliver the highest quality service to our clients across more than 25 countries. SGG at a glance Assets under Administration USD 250 bn+ Years of experience 64 years+ Servicing platform 25 countries+ Entities under Administration 7500+ Worldwide ranking 5 th Global T&Cs 1 We support 2 out of the top 5 Private Equity firms in the world 2 1 Trust and Corporates Business worldwide (by revenue for 2016). Source: External consultant and expert interviews 2 Private Equity International - PEI300 survey 4 SGG Fund Solutions
Why SGG? Thanks to our entrepreneurial culture we are extremely flexible and able to adapt to a constantly changing environment Experts in the administration of a broad spectrum of private capital investment vehicles and structures, such as buyout, venture capital, mezzanine, debt, hedge funds, mutual funds, infrastructure and funds of funds Our experienced leaders operate in small effective teams for quick delivery during and after formation Full range of services offered to fund managers including fund launch, fund administration, AIFM and depositary Commitment to quality: ISAE 3402 in Mauritius and Luxembourg Largest specialist administrator providing a one stopshop-solution for fund managers in Luxembourg SGG Fund Solutions 5
Our service offering Client description Service offering Funds clients Private equity, debt, hedge fund, mutual fund, real estate and infrastructure fund managers Fund administration, depositary, custody & securitisation, AIFM management company services, payroll services, corporate administration, accounting, consolidation & tax filings SGG Group Corporate clients Corporates with international presence (SME / large corporates) Corporate admin, accounting, consolidation & tax, payroll services Private clients Private clients, HNW families and their family offices Wealth reporting, administration and secretarial support, succession planning, accounting and reporting, tax matters, legal documentation HNWI 7% America 6% % of revenues Funds 57% 825+ FTEs Corporate 36% Europe 72% 7500+ Entities Africa 20% Asia 2% 6 SGG Fund Solutions
I really appreciate that SGG is able to provide a one-stop shop concept within a high quality service environment. Their experienced team is able to respond to our diverse requests in a timely manner. I have already recommended SGG to others and will continue to do so! Managing Director of Leading African Investment Banking Group SGG Fund Solutions 7
SGG, your partner throughout the fund lifecycle Our dedicated and international team provides a full-fledged service for the structuring and administration of a fund throughout its lifecycle. Investor distributions Carried interest and fee calculations Tax filings and compliance Liquidations Valuation review Fund administration and transfer agency Accounting and investor reporting Directorship services INVESTMENT EXITS, DISTRIBUTION, AND WINDUP FUNDRAISING AND FORMATION FUND LIFECYCLE INVESTOR MONITORING DEPLOYMENT CREATION AND VALUE CREATION CAPITAL Launch services Investor and manager due diligence Substance services including rental of office space and payroll Regulatory compliance-aifm ManCo and depositary Transaction support Corporate secretarial Investor capital calls SPV and holding company services 8 SGG Fund Solutions
How can SGG assist in your fund structure? We provide a full suite of fund services to fund managers, as well as related entities such as special purpose vehicles, trusts, management companies and carry vehicles. Investor 1 Investor 2 Investor 3 Investment Advisor SGG Service Offering Alternative Investment Fund Manager (for regulated fund) Management Company Investment Fund Fund Administrator & RTA AIFMD Reporting & Oversight Services (for regulated fund) Legal Adviser Banker / Custodian (Delegated by SGG as Depo) SPV Depositary Company Secretary, Domiciliation, Accounting and Filing Agent Investments Provision of resident directors Substance solutions: Office rental Payroll services SGG Fund Solutions 9
At the service of private equity, hedge fund, mutual fund, real estate and debt fund managers How we are different Dedicated services: Small but experienced teams for quick delivery during and after formation. A to Z solutions for fund managers: Our services include fund implementation, administration, AIFM and depositary for funds, SPVs, trusts, management companies and carry vehicles. Strong experience: We have expertise in providing AIFMD compliant and depositary services Extremely flexible: We adapt to the constantly changing environment, ensuring best at breed services and solutions. State-of-the-art technological platform: We invest in top tier funds software platforms such as efront and Paxus. Team of experienced professionals across different jurisdictions: We have a team of over 825 professionals. Sectors/asset classes we serve Private Equity Real Estate Debt Fund Venture Capital Hedge Fund Mutual Fund Infrastructure Geographical reach for structuring of funds and SPVs Luxembourg Netherlands Mauritius Cayman Singapore Curacao We service an additional 19 jurisdictions through service partners 10 SGG Fund Solutions
To me, the most important service that a team can provide is ready accessibility and availability that meets US time zone needs and deep experience in every aspect of fund management. No fund with AUM of less than $1 billion could duplicate in-house the quality of SGG s range of services. Chief Executive Officer of US-based Fund Manager SGG Fund Solutions 11
SGG's distinctive expertise Investment in state-of-the-art technology We have invested in some of the most advanced software solutions to provide our clients with the best systems on the market. Piramide Efront Antrance Paxus SGG Xchange Dedicated client portal Microgen Awards Global Corporate Excellence Award 2015 Best Fund Administrator for Private Equity 2016 - Africa Best Trust & Fiduciary Services Company 2016 - Mauritius Best Fund Administrator 2016 - Mauritius 12 SGG Fund Solutions
The SGG team is very responsive and flexible when it comes to providing services to its clients. Their differentiating factor is their people, they have a good experienced team which has been with them for a long time. The SGG team has gone a long way to accommodate our requests and this is why I have no hesitation in recommending SGG Group to others. Managing Director of a Private Equity Group in the Indian Market SGG Fund Solutions 13
SGG, active member of industry associations SGG is an active member of a number of industry associations including: 14 SGG Fund Solutions
Our people Our people are our main asset and determine the value and the growth of our company. We constantly recruit new talents and nurture our existing ones with the objective of becoming the leading investor services company in the world. We lead our people in a context of entrepreneurship and drive for results so that they can make a real impact on our clients and their business. 825 people+ across 4 continents 70% of our colleagues are qualified professionals Stable teams supporting clients on average 7 years+ 10 years+ industry experience for our client directors 15 years+ experience for our Heads of Onboarding & Delivery SGG Fund Solutions 15
Our experienced team Serge Krancenblum Group Chief Executive Officer Serge Krancenblum is SGG s Group Chief Executive Officer and a member of the Group Management Board. Throughout his career, Serge has deepened his expertise in developing and managing transnational solutions for institutional investors, multinational corporations and entrepreneurial families. He is recognised for his leadership throughout the financial industry, and is frequently invited to speak at local, national and international events. He also sits as independent Director on the boards of several real estate and private equity funds, as well as on those of selected listed and private companies. Serge is the Chairman of the Luxembourg International Management Services Association(LIMSA) and Luxembourg Association of Family Offices (LAFO) Serge.Krancenblum@sgggroup.com Christiaan Van Houtven Group Chief Operating Officer Christiaan Van Houtven is SGG s Group Chief Operating Officer and a member of the Group Management Board. Drawing upon his deep industry expertise, as well as a wide portfolio of professional competencies, Mr Van Houtven is in charge of overall client service delivery. He directs SGG s internal performance management policies and processes, and his leadership style facilitates a culture of accountability and empowerment, as well as personal and professional development, within SGG. Additionally, Christiaan oversees the organization and administration of Board of Directors and General Assembly meetings. Christiaan.VanHoutven@sgggroup.com 16 SGG Fund Solutions
Tim Newbegin Group Chief Financial Officer Tim Newbegin is SGG s Group Chief Financial Officer and a member of the Group Management Board. He has a wealth of experience in the international finance and business services sectors and before joining SGG he serves as CFO of several Private Equity/Venture Capital backed international companies in the software, services and financial services sectors. Tim s holistic approach to operations and financial management is a key component of SGG s continued growth, ultimately driving the implementation of the firm s initiatives. Justin Partington Group Fund Solutions Leader Justin is the Group Fund Solutions Leader and a member of the Group Executive Committee. He is based at the Group s headquarters in Luxembourg, where he is in charge of its global offering for alternative asset managers. He is responsible for all fund solutions for private equity, real estate and hedge fund clients, across all jurisdictions focusing on central administration, AIFM, depositary and SPV administration services. Justin has over 18 years of international experience in the fund services and private equity industries, including senior postings in Canada, UK, Cayman Islands and Guernsey. Tim.Newbegin@sgggroup.com Justin.Partington@sgggroup.com SGG Fund Solutions 17
Our worldwide locations Netherlands Belgium Luxembourg France UK New York Curacao Miami Cayman India Hong Kong Singapore Mauritius South Africa SGG offices Belgium Cayman Curacao France Hong Kong India Luxembourg Mauritius Miami Netherlands New York South Africa Singapore United Kingdom United States 18 SGG Fund Solutions
SGG Group HQ 412F, Route d Esch L-2086 Luxembourg T: +352 46 61 11 1 E: contact@sgggroup.com Worldwide contact details