FAQ

Please find below some frequently asked questions.

Amsterdam

The information can be found on our Funds & Strategies page.
The information can be found on the website of AFM. There you can download AIFMD licensed AIFMs.

London

Becoming an FCA authorised Appointed Representative is a two-part process and Principal firms are required to submit an Appointed Representative (“AR”) application (company) and the associated Approved Person (“AP”) application (individual).  The applications are submitted simultaneously and the FCA will assess the suitability of the AR and the fitness and propriety of the AP / overall regulatory conduct of the individual.  The FCA notify the Principal firm once the AR and AP authorisations are approved.
Yes, Privium does provide Investment Advisory/Management agreements in relation to your business and clients.
48 hours, however we endeavour to approve documents as soon as possible depending on the size.
Privium can facilitate fund marketing in the US by virtue of filing as an Exempt Reporting Adviser with the Securities and Exchange Commission. For Third Party Marketer ARs, Privium has a relationship with a US broker-dealer regarding the chaperoning requirements.
Yes, the primary filing that is relevant for our ARs is Annex IV for those with an Alternative Investment Fund (“AIF”) where Privium is the manager of the AIF. Further, as an Appointed Representative you are not subject to the FCA’s capital requirements. These requirements fall on Privium as Principal and all relevant FCA reports are taken care of by us.
Yes, all compliance policies and the compliance manual will be provided and face to face training is provided by the compliance team. Privium also implements a pragmatic yet robust monitoring plan in conjunction with its Appointed Representatives.

Hong Kong

No, Privium only has an SFC Type-9 licence. However, this licence enables Privium to deal in securities (Type-1) and/or advise on securities (Type-4) if these activities are carried out solely for the purpose of your asset management business. For private equity funds, Privium’s Type-9 licence covers co-investments if these are offered to investors in the fund.

Depending on the fit and properness of the applicant and other criteria maintained by the SFC, the registration process normally takes around 6–8 weeks.

No, it is not possible to make use of our office. Our clients have their own office space in Hong Kong that suits their needs and preferences. Based on availability, we are able to connect you to serviced office providers in Hong Kong. For an additional fee, you will have the option to make use of our company address for regulatory purposes.

No, we do not engage in any trading activity for our clients in Hong Kong. Nor do we hold any of our clients’ assets in custody. For some of our clients in Europe, we do support their investment strategy by performing currency hedges, for example.

In order to conduct asset management activity in Hong Kong, you will need to be registered as a Licensed Representative of Privium with the Securities and Futures Commission and be deemed fit and proper. One condition for this is that you are employed by Privium. This includes monthly salary payments and enrolment in our Mandatory Provident Fund scheme.

Singapore

Depending on the fit and properness of the applicant and other criteria maintained by the MAS, the registration process normally takes around 2 to 4 weeks.
No, it is not possible to make use of our office. Our clients have their own office space in Singapore that suits their needs and preferences. Based on availability, we are able to connect you to serviced office providers in Singapore.
No, Privium offers a selection of service providers and counterparties from which clients may choose the most appropriate for their requirements.

Please read and accept the following disclaimer

Privium Fund Management is a global group of companies.

Privium Fund Management B.V.

This website does not constitute an offer or solicitation to buy any of the funds mentioned, if:

  • you are in a jurisdiction where this would be unlawful
  • it is unlawful to make an offer to a certain type of investor

Do not run any unnecessary risk. Read the Fund Documents (Prospectus, Terms & Conditions and Key Information Document (KID)). Past performance is not indicative for future results. The value of investments and any income generated may go down as well as up and is not guaranteed.

Investors should further perform their own due diligence.

The information on this website does not constitute any investment, tax, legal or other advice. Privium Fund Management B.V. does not warrant the accuracy, adequacy or completeness of the information and materials contained on this website and expressly disclaims liability for errors or omissions in such information and materials.

US Investors

Our funds are not available for distribution to or investment by US investors. The funds are not registered under the United States Securities Act of 1933 or the United States Investment Company Act of 1940. Therefore, we cannot directly or indirectly offer or sell them in the US, in any of its states, territories, or possessions, in other areas subject to the US’s jurisdiction or to a US individual.

For those investors investing on behalf of an underlying investor

We will treat you as an investor who generally invests on behalf of underling clients.  It is your responsibility to provide the most recent KID to the underlying client for each investment you make on their behalf.

Applicable law

Dutch law applies to this disclaimer.

Privium Fund Management (Singapore) Pte. Ltd.

The information on this website is intended for Professional Investors / Accredited & Institutional Investors / Qualified Investors only.

The content on the website is for information purposes only and does not constitute an offer or solicitation to buy or sell an investment or fund(s) and is not an advice on investments, taxation or any other matter. It is not intended to be used by any person or entity in a jurisdiction or country where this would be contrary to local law or regulation. The information on this website does not constitute any investment, tax, legal or other advice and has not been reviewed by the Monetary Authority of Singapore. Privium Fund Management (Singapore) Pte. Ltd. does not warrant the accuracy, adequacy or completeness of the information and materials contained on this website and expressly disclaims any liability for errors or omissions in such information and materials.

Investors should further perform their own due diligence and read the Fund Documents in detail. Past performance is not indicative for future results. The value of investments and any income generated may fluctuate and is not guaranteed.

Privium Fund Management (HK) Ltd.

The information contained herein this website is only for Professional Investors as defined under the Hong Kong Securities and Futures Ordinance.

The information has been prepared for informational purposes only and does not constitute a distribution, an offer to sell or solicitation of an offer to buy any services or products offered by Privium Fund Management (HK) Limited. Privium Fund Management (HK) Limited believes that the information contained herein is accurate as at the date of publication, but no representation or warranty, expressed or implied, is made to the accuracy, completeness or thoroughness of the contents itself. No warranty of accuracy is given and no liability in respect of any errors or omissions is accepted by Privium Fund Management (HK) Limited.

The materials on this website do not consider the particular needs of any specific user. The information available on this website does not constitute any investment, legal, accounting, tax or other advice, nor a representation or recommendation that any financial service and/or investment is suitable for any person. Visitors should not rely on the information provided and should consult his/her own professional adviser before making any investment or financial decision or purchasing any product where necessary.

Investment involves a certain level of risk and past performance does not predict future outcomes. Visitors should carefully consider whether any investment products or services are appropriate for themselves in view of their investment experience, objectives, financial resources and relevant circumstances.

Professional Indemnity Insurance

Privium Fund Management maintains adequate Professional Indemnity Insurance coverage across the group globally.

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