SHL Launches Greenseed Alternative Managers
SHL Capital Ltd [SHL] announced the launch of Greenseed Alternative Managers Platform Ltd., a Bermuda segregated accounts company designed to provide investment managers with a simple, quick and cost effective solution to launching a Bermuda domiciled fund utilizing the services of world-class investment and fund industry service providers within a strong regulatory framework.
Key advantages of utilizing the Platform include ready made legal document templates to accelerate speed to market and a structure where every fund that is launched has its bespoke offering memorandum. The structure removes duplication of effort and unnecessary documentation permitting a high degree of customization and flexibility and ultimately empowering the investment manager. All funds setup under Greenseed benefit from legally segregated accounts, tailored attributes and customization as to service providers.
“Greenseed permitted us to launch quickly and cleanly, with our own full OM and do so at a price-point which reduced our out-of-pocket expenses and keeps fee drag to an absolute minimum,” stated the Fund Manager of the recently launched Greenseed Gold Bullion Fund.
The Bermuda based and internationally renowned service providers affiliated with Greenseed include SHL Capital Ltd., Appleby [Bermuda] Limited, ISIS Fund Services Ltd. and KPMG. SHL Capital is regulated by the Bermuda Monetary Authority and is an investment advisory firm based in Hamilton, Bermuda. As the architect of the Platform, SHL Capital provides fiduciary and governance oversight at a Board and regulatory level.
Stuart Lacey, CEO of SHL Capital summarized the Platform as follows, “Fund Managers who are launching funds today require a comprehensive, bespoke product delivered efficiently at highly competitive prices with top-tier service providers. Greenseed ticks all these boxes and provides an exceptional governance overlay, empowering investment managers to focus their energy on managing their assets and growing their portfolios with minimal fee drag”.
