11 September 2019
Irish UCITS management company, ‘GemCap’, hits€2 Billion* AUM and strengthens the Fund Board
In December 2016, Gemini Investment Management Limited (GIML) launched a Dublin UCITS ManCo – Gemini Capital Management (Ireland) Limited, ‘GemCap’www.Geminicapital.ie
Stuart Alexander CEO of Gemini said “Hitting the two-billion-euro mark demonstrates GemCap is now a serious player in the international platform market. In conjunction with our distribution offering, we have shown that we offer a broad proposition with a tailored service to Investment Managers looking to develop their UCITS Funds. The growth in the assets and the demand for the services of thecompany reflect the continued optimism we see in the Irish Funds industry”.
Tom May CIO of AHFM, which was one of the first investment managers to use the Platform said “We have been working with Gemini for six years and it’s been great thatwe have grown together. Working with the close-knit team of experienced professionals at Gemini means that we always get the answers we need very quickly, and operationally things just work, which is what we need. Bring on the next six years!”
With Fund Platforms and ManCos growing in popularity in Ireland, GemCap is ideally placed to capitalise on growth being generated by new UCITS managers and existing UCITS umbrellas. Our team in Dublin is looking forward to driving significant growth in the coming years.
In recognition of the growth of the Platform and, ensuring we continue to develop strong corporate governance with diversity at the heart, GemCap Investment Funds (Ireland) plc has recently appointed two new Independent Non-Executive Directors and one Non-Executive Director.
Kevin O’Neill and Karen Nolan join as INEDs. Kevin is renowned in the industry having spent many years at RBC Investor & Treasury Services and now works at Global FinTech & RegTech market leader, Fenergo, as the Global Head of Asset Management & Asset Servicing.
Karen has many years’ experience within the industry and serves on a number of Boards. With a deep understanding of the compliance demands and administration oversight she brings invaluable experience to the Board. In addition, Orla Quigley, Head of Legal for GemCap, has been asked to join the GIF Board as a NED. Orla has been with GemCap since its inception and brings great insight to the legal and regulatory framework of Fund Boards.
(*as at 6 September 2019)
Issued by Gemini Investment Management Limited authorised and regulated by the Financial Conduct Authority. FRN: 503402
Gemini Investment Management Ltd is registered in England & Wales No.6795280
C/O Brierley Coleman, 33 Turner Street, Manchester. M4 1DW Email: info@gemini-im.com
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Press release
In addition, Stuart Alexander, CEO of Gemini Investment Management has been appointed as Chairman of the Board having been a Director of the company since its inception.
Recently GemCap has also hired Sinéad Sheehan as Head of Operational Oversight in the Dublin office. Sinéad, previously held positions at Credit Suisse, RBC Investor & Treasury Services and BISYS Hedge Fund Services working across a range of areas from operations, client onboarding and, more recently, legal and regulatory change. She has first-hand in-depth knowledge and experience of the UCITs arena and her appointment further enhances GemCap’s management team.
ENDS
Notes to editor
Further information can be found on www.Geminicapital.ie.
Contact:
Stuart Alexander
Chief Executive Officer
Gemini Investment Management Limited stuart.alexander@gemini-im.com
Office: +44 (0)20 7118 0949
Mob: +44 (0)7768 866 708
History of Gemini 2009 Gemini Investment Management Limited (GIML) was founded in 2009. Initially as a distribution business raising assets on behalf of Third-Party Investment Managers to |
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the Professional Adviser community and is now also established as one of the leading innovators in Fund Hosting in the UCITS arena via its Management Company, Gemini Capital Management (Ireland) Ltd (GemCap), in Dublin. Further information can be seen at www.gemini-im.com 2010 GemCap Investment Funds (Ireland) plc (GIF plc.) is authorised by the Central Bank of Ireland (CBI). * 2016 Gemini Capital Management (Ireland) Ltd (GemCap) was approved by the CBI as a ManCo and was appointed as the ManCo to GIF Plc on 19 December 2016. CBI number is: C155302. As at 31 December 2018 it had €1.598 AUA from different managers across 14 different sub funds. GemCap is responsible for all CP86 responsibilities as governed by the CBI. Further information can be seen on
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www.geminicapital.ie *GemCap Investment Funds (Ireland) plc is an umbrella fund with segregated liability between sub-funds incorporated as an investment company with variable capital registered under the registered number 485081 under Irish law pursuant to the Companies Act 2014 and authorised by the Central Bank of Ireland pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 (as
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amended)
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Issued by Gemini Investment Management Limited authorised and regulated by the Financial Conduct Authority. FRN: 503402
Gemini Investment Management Ltd is registered in England & Wales No.6795280
C/O Brierley Coleman, 33 Turner Street, Manchester. M4 1DW Email: info@gemini-im.com
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