XOLARIS grows into France and Luxembourg
The XOLARIS Group continues to grow and is expanding its presence to include France and Luxembourg, with more countries to follow.
The XOLARIS Group has been consistently growing into an international structuring platform for real assets. Its Paris office was opened on 1 May 2021. The number of countries in which structuring and fund management services for AIFs can be offered has been expanded to include France and Luxembourg. Countries such as Austria, the Netherlands and Cyprus are to follow in the next few months.
“Our growth shows that there is increasing demand for our “Private Label Platform” service offering; this is in addition to our current core countries of Germany and Liechtenstein, and also France and Luxembourg. It is not so much that we are offering our clients the benefits of Luxembourg as a location on its own; rather, they appreciate the fact that, in our discussions with them, we are able to offer solutions across a range of countries; and so, could potentially become a central point of contact as regards their requirements in international real asset structuring and fund management. “We will continue to pursue this path in a steady fashion”, says Stefan Klaile, a member of the XOLARIS AG Board of Directors.
XOLARIS is now in its eleventh year of existence. Having started as a classic back-office outsourcer based in Constance, we have now developed into an international structuring and fund management platform for real assets, with offices in Liechtenstein, Germany, France, Singapore and Hong Kong.
In this regard, our growth is consistently breaking new ground.
When we made the decision to set up KVG, an independent service, in 2014, many people agreed that there would be no market for this service.
Today, the ManCo market is one of the fastest growing markets. Expansion into Asia in 2018 laid the foundations for internationalisation, which, in the capacity of first foreign market participant, reached another milestone in 2020, with relocation of the holding company to Liechtenstein and acquisition of the AIFM licence. As the next AIFM location, Paris is the logical next step of the XOLARIS Group’s success story.
In this context, it was and is always important to us that we remain true to our roots in the real asset business. We will continue to maintain this focus as we move towards becoming a global real asset investment group.
With our new CI, we want to break new ground in this area. The first edition of Market News as well as our podcasts, constitute another step in the development of the Group.
I would like to take this opportunity to thank all my colleagues, without whose great work the success of XOLARIS would not have been possible.
I hope you like our new format as well. Even so, we are open to suggestions and criticism and look forward to your feedback.