The Maples Group is proud to announce that its European Fund Services team received the award for Fund Administration: ManCo Services at the 2021 Drawdown Awards.  The black-tie ceremony was held on 24 September in London and recognises those firms making innovative strides within the alternative investment industry, including Maples' fund services team, which has been a bulwark to its clients during the pandemic with its market-leading services.  

The award recognises the Group's alternative investment fund management company solution, which operates in tandem with the Group's other offerings including fund administration, fiduciary and legal services.  

The award acclaimed the Group's service offering including:

  • Providing a high-touch client service experience supported by industry-leading technology solutions
  • Assisting clients across the Americas, Asia and Europe with navigating the Brexit landscape through fund and investment manager redomiciliation 
  • Expanding its offering to address regulatory changes, including CP86 and liquidity stress testing rules 
  • Expanding the team further through industry leading recruitment, including management company, asset management and regulatory experts such as Declan McHugh and Michael Pairceir

The Group's Drawdown award is just the latest of a series of awards and nominations in the asset management sector.  The recognition comes within the same week as receiving a 'highly commended' honour at the HFM US Services Awards for Best Offshore Governance Firm with regard to the Group's hedge fund services expertise.  "This award recognises our initiatives that have, on behalf of our clients, made us nimble in the face of changing market conditions", commented Declan McHugh, Senior Vice President of Maples Management Company solutions.  "Amid the backdrop of significant regulatory changes, our team has helped our clientele manage and stay on top of developments related to AIFMD and those related to Brexit.  I'm proud of our team and we intend to continue to expand our solutions to meet evolving client and regulatory requirements".

Adjudicated by a list of industry leaders in the asset management sector and spanning 35 categories, the Drawdown Awards honour excellence in fund administration, technology, fund financing, legal advisement, and more.