8th September 2015
Langham Hall graduate Stefani Staneva has arguably become one of the youngest authorities on the AIFMD after completing a 22,000 word dissertation on the subject to complete her MSc Finance program at France’s Grenoble Graduate School of Business.
Stefani, 24, who works within Langham Hall’s depositary team led by Rachael Lyon and Joe Hime, last week completed the thesis entitled, “The impact of AIFMD on UK AIFMs after the official adoption on 22nd July 2013”.
She said the idea of the project was to discuss UK fund managers’ experiences in the process of becoming AIFMD compliant over the past two years and to present her findings to the Langham Hall UK Depositary team.
“The research focuses on the main challenges for fund managers and it also identifies the main costs and benefits from AIFMs’ perspective,” added Stefani.
Results from the study could be used by Langham Hall to further bolster its already market-leading understanding of the needs of its depositary clients and to identify any possible improvements to the client relationship.
The Langham Hall depositary team already provides services to more than 75 funds for EU and non-EU debt, infrastructure, private equity and real estate managers (AIFMs) whose funds under management are above the thresholds specified by the Alternative Investment Fund Management Directive (AIFMD).
The firm provides stand-alone depositary services in the UK to alternative asset fund managers. It is also regulated in the Channel Islands and is currently in the process of gaining permission to provide depositary services in Luxembourg.
Stefani’s conclusions are due to be presented to senior staff at Langham Hall imminently, however she must wait until March 2016 to receive her MSc in Finance at the official graduation ceremony in Grenoble.
She began her full time career at Langham Hall in September 2014 having interned at accountancy firm, EY, and after a brief spell at the Ministry of Foreign Affairs in her native Bulgaria.
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