DUBLIN, Ireland, April 21, 2016– 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
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
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."
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
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.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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Investment funds with high net worth individuals as investors will need to have a client agreement with their high net worth investors.
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