Launches & Closures

Custom House enters seeding space with SICAV


Custom House Global Fund Services has entered the seeding space, which has undergone a revival in the post 2008 meltdown markets, with the launch of The Nascent Fund SICAV. The new fund is an open-end Maltese domiciled SICAV umbrella fund platform that will provide an efficient and cost-effective first stage solution for managers wishing to start their own new fund and establish a track record.

The Nascent Fund is a highly economical structure for start-up managers, with a relatively small amount of initial capital, wishing to establish and control their own fund vehicle. The new funds will be