Loyens & Loeff launches Smart Subscription Tool
Amsterdam, 14 July 2021 – Loyens & Loeff launches the Smart Subscription Tool for investors of alternative investment funds. The tool offers these investors a digital solution to guide them step-by-step throughout the entire onboarding process. The tool provides clear guidance and saves investors valuable time and hassle. It also offers investors a secure environment to upload the required KYC documents.
The investor onboarding process
Investors of investment funds are typically required to fill out complex subscription materials to complete their onboarding process. Vilmar Feenstra, Partner Investment Management: “Due to the increasingly regulated landscape, over the years subscription agreements have become more complex and extensive. We noticed that for many of our clients’ investors this made the onboarding process complex and sometimes frustrating. We have a strong focus on investment funds in our home markets and are dedicated to being the number one firm for both fund managers and investors. Therefore, we have redesigned the onboarding process with the help and input of our clients and associates. We truly believe that the Smart Subscription Tool will significantly improve the investors’ experience and are confident that this will make the onboarding process more efficient and less painful for all parties involved.”
Julien Cayet, Director Technology & Innovation: “To keep up with the worlds' pace of change, organisations need innovative, entrepreneurial approaches to ensure success. That’s why at Loyens & Loeff we have a dedicated Technology & Innovation department which continually fine-tunes our skillset and invests in new, state-of-the-art legal and tax technologies. The Smart Subscription Tool is an excellent example of how we worked together with a client to come up with this solution.”
Vilmar FeenstraPartner Attorney at law
Vilmar Feenstra, attorney at law, is a member of the Investment Management practice group in our Amsterdam office. He focusses on investment management structures and fund formation and is active both on the GP and LP side.T: +31 20 578 52 77 M: +31 6 10 89 41 64 E: [email protected]