Krypton Fund Services has been granted a management company license by the Financial Service Commission Mauritius.
According to Krypton Fund Services, the approval marks a “significant milestone” for the group.
The fund services platform offers regulatory reporting, fund administration, registrar and transfer agent, project management and setup, to a wide range of family office investment portfolios, investment funds, private and special purpose vehicles operating predominantly in the alternative investment arena.
Krypton Fund Services explained that Mauritius is always at the forefront in adhering to international standards. The firm said: “It is an international financial centre of choice and repute, which provides an excellent platform to our fund's clients who structure their investments in Africa and India.”
This new approval means that Krypton Group now has three locations worldwide, including Singapore and Bermuda.
In December, Krypton Fund Services revealed that its assets under administration had reached over $2 billion at the end of Q3.
