Resolute Asset Management, the leading global asset manager and advisor on real estate and real estate loans, is pleased to announce that as of 24th April 2020, its wholly owned and independently managed subsidiary, Resolute Investment Management (Cyprus) Ltd has received authorisation from the Cyprus Securities and Exchange Commission to operate as an Alternative Investment Fund Manager (‘AIFM’) with license number AIFM31/56/2013.
Resolute Investment Management is authorised to provide Fund Management services to Alternative Investment Funds (‘AIFs’) with the following investment strategies:
In addition to the management of AIFs, Resolute Investment Management will provide fund set-up support and assist promoters in marketing and distributing units of their AIFs to investors across Europe through the EU Marketing Passport, subject to securing the Regulator’s approval following a simple notification process.
Bill Hancock, Co-Founder and Managing Partner of Resolute, commented, “We are very pleased to announce the authorisation of Resolute Investment Management to operate as an Alternative Investment Fund Manager. We believe that Resolute Investment Management will help us provide the Group’s existing clients, and other interested parties, with the ability to benefit from attractive collective real estate investment structures, delivered in a regulated environment.”
Resolute Asset Management is a leading global real estate asset management and NPL servicing firm specialising in the design and intensive implementation of value creation plans for real estate and real estate NPL assets. It assists financial institutions, institutional investors, fund managers and public sector clients offering a hands-on approach to each specific project. The company is active across Europe, the CIS and the Middle East, with offices in the UK, Bulgaria, Cyprus, Greece, Hungary, Italy, Portugal, Romania, Russia, Spain, Turkey and the United Arab Emirates with a team of over 180 highly-skilled professionals focused on delivering value to our clients.