North Star is able to offer real estate clients alternative investment fund manager (AIFM) services, compliant with the regulations under AIFMD.
Our clients for these services would typically be developers and owners of UK property who have a JV or small number of investors (which creates an “AIF”), which triggers the required for an AIFM. North Star shall be the external manager of the property AIF.
Most UK AIFMs will require high minimum fees reflecting their standard operating model and procedures. At North Star we are established as property funds experts and know precisely the requirements under the regulations and also the appropriate level of management services required for small property schemes.
North Star’s role is predominantly to take responsibility for the portfolio management and risk management activities of eligible AIFs, but usually working with a specialist management / property team for each AIF who shall continue to perform their services unencumbered by ours.
North Star recognises and understands the unique features of real estate and this deep understanding and our substantial real estate experience – together with unique regulatory expertise gained from many years of working with authorised and unauthorised real estate schemes – differentiates North Star in the market for provision of these niche real estate dedicated services.
For more information regarding our AIFM services please CLICK HERE