Bermuda-based Butterfield Fulcrum has teamed up with Luxembourg Investment Solutions SA (LIS), a regulated (UCITS-licensed) management company, to provide a complete suite of management company and fund administration services in Luxembourg.The strategic cooperation agreement will offer non-European fund initiators a quick and cost-effective solution to launch Luxembourg-domiciled funds with a single point of contact for fund administration and corporate secretarial needs.With a focus on alternative investment funds and structures, the partnership will help investment managers, institutional investors and family offices realise their investment ideas through a unique plug-and-play solution.Butterfield Fulcrum will now offer the set-up and administration of the complete range of fund structures available in Luxembourg from Specialised Investment Funds to UCITS, leveraging the firm’s front, middle and back office systems. Through this partnership with LIS, the fund manager can swiftly set up customised regulated fund structures with full co-ordination between the Luxembourg financial supervisory company, CSSF, legal advisers, tax specialists, custodians and other Luxembourg-based entities.“Bringing together the jurisdictional and product expertise of LIS and the industry leading operational infrastructure of Butterfield Fulcrum has allowed us to create a unique and compelling offering encompassing every aspect from design and set-up to complete reporting and administration services for managers wishing to establish a European Onshore structure,” said Tim Thornton, managing director, global client delivery at Butterfield Fulcrum.“This is a unique partnership between two independent companies that are highly specialised to offer an extremely synergistic solution for clients,“ said LIS CEO Thomas Goergen.“We are extremely pleased to partner with Butterfield Fulcrum to extend our services with their superior fund administration model.“There is a growing trend towards regulated funds from the institutional client side and Luxembourg is a preferred domicile, particularly for alternative managers with offshore funds seeking to clone their strategies with Luxembourg vehicles such as master feeder funds and alternative UCITS.”Butterfield Fulcrum and LIS will participate in a road show with The Association of Luxembourg Fund Industry between October 4 and 7 in Greenwich, Connecticut, New York and Boston. The day-long seminars includes presentations by industry experts on all aspects of Luxembourg fund structures.