LAUNCH OF 3B FUTURE HEALTH FUND II

Press Release 

3B FUTURE HEALTH GP S.A.R.L. ANNOUNCES THE LAUNCH OF 3B FUTURE HEALTH FUND II


Luxembourg, March 24th, 2021, 3B FUTURE HEALTH GP S.a.r.l. is pleased to announce the launch of the 3B Future Health Fund II (“The Fund”), with Riccardo Braglia, Francesco Giavatto, Francesco Granata and Roberto De Ponti as General Partners. The Fund is focused on early stage investment opportunities in areas of high unmet patient need and follows the success of 3B Future Health Fund I, formerly known as Helsinn Investment Fund.

The investment focus for the Fund is on US and European-based start-ups working in the field of oncology and rare diseases therapeutics. The Fund aims to bring life-changing treatments to patients, driven by a sense of purpose, excellent execution, personal involvement and premium performance. Fund II is backed by the same diversified and experienced team as Fund I with a broad network and drug development knowledge; bringing together expertise in drug discovery and research and development, drug manufacturing, business development and licensing as well as investment fund management. The Fund is incorporated in Luxembourg where the anchor investors will be the Helsinn Group and the Braglia family. The Fund targets 100M EUR partnering with experienced private and institutional investors. 


Riccardo Braglia, Chairman of Helsinn Group and General Partner said:
“I’ve been delighted at the success of the first fund. 3B Future Health Fund II will be underpinned by the same core principles of quality, integrity and respect that characterize my family and the Helsinn Group as a whole. We are excited by the prospects of the healthcare sector and have high aspirations for this fund.”


Philippe Meloni, CEO
Lemanik Asset Management said:Luxembourg Reserved Alternative Investment Fund (RAIF) is once again the preferred structure to raise money in Europe for Private Equity/Venture Capital funds. We at Lemanik are really proud to have been appointed as Alternative investment fund managers for the 3B Future Health Fund II, and we should all embrace the scope of this fund that is focused on early stage investment opportunities in companies specialized in cancer treatments with the ambition to improve the life of every patient.”

 

Full Press Release here

GAOTENG LAUNCHED THEIR FIRST DUBLIN BASED UCITS FUND WITH LEMANIK AS MANAGEMENT COMPANY

Dublin 15 May, 2020,

Strategically invested by technology giant Tencent and Hillhouse Capital Group, Hong Kong based GaoTeng Global Asset Management Limited ('GaoTeng') is committed to providing high quality investment products and services with enhanced accessibility and convenience to investors around the globe.  With global vision to dynamically address investors’ needs, GaoTeng launched their first UCITS fund on April 28 2020. Authorised by the Central Bank of Ireland, the GaoTeng Penguin Asian High Yield Fund aims to maximise total return from a combination of income and capital gain through investing in Asia’s high-yielding sovereign, quasi-sovereign, bank and corporate debt markets. 

Full Press Release here

CAPITALATWORK FOYER GROUP APPOINTS LEMANIK AS MANAGEMENT COMPANY FOR ITS LUXEMBOURG AND BELGIAN BASED FUNDS

Luxembourg, February 27th, 2020, CapitalatWork Foyer Group (here after CapitalatWork), member of Foyer S.A, the largest independent insurance group in Luxembourg, is a leading wealth manager in Benelux, with over €8 bn assets under management.

With strong roots and presence in Luxembourg, CapitalatWork obtained the Management Company (ManCo) license in 2011. In 2019, following the decision by Capitalatwork to concentrate their energy on their core activities namely on client servicing and on asset management, the regulatory requirements and inherent costs, CapitalatWork decided to outsource the ManCo activities.
Lemanik, a leading independent European Fund Management Company, was appointed following a comprehensive RFP process. In December 2019, all funds were successfully migrated to Lemanik.

Full Press Release here

Kieran Mulcahy
General Manager - Dublin Branch

December 4th, 2018 

We are pleased to announce the appointment of Mr. Kieran Mulcahy as General Manager of our Dublin Branch.

Kieran is an accountant with over 25 years’ experience in the European investment funds industry. During his career he worked with Allied Irish Bank, Avoca Capital (now KKR Credit) and BNY Mellon.  For over 15 years Kieran held director level positions with these companies and had responsibilities for investment fund management, fund administration, fund operations, regulatory affairs and programme management for strategic projects.

ICBC (Europe) UCITS SICAV NAMES LEMANIK AS NEW LUXEMBOURG Third Party MANAGEMENT COMPANY

Grand Duchy of Luxembourg, May 17th 2021

The BoD of ICBC (Europe) UCITS SICAV is pleased to announce the appointment of Lemanik Asset Management S. A (hereafter “Lemanik”) as the Management Company for the SICAV as of May 3, 2021.

The UCITS fund has currently two sub-funds: the China Opportunity Bond Fund and the ICBC Schroders Belt and Road Bond Funds, with ICBC Asset Management (Global) Company Limited (Asia) as Investment Manager and Schroder Investment Management (Hong Kong) Limited as Sub-Investment Manager for the second subfund.

The new management company, Lemanik, will also provide value added services to the Fund that were previously performed by other service providers or by the Board directly. This operating model will allow the SICAV to focus on its core business while having a more efficient & centralized outsourcing model enabling synergies, legal and operational costs savings.

Philippe Meloni, CEO Lemanik Asset Management said: “ICBC has always been a name at the very top of our list. We have once again proved our leadership as the largest EU third party Management Company to Asia Pacific clients”.

Dimitri Brunwasser, Member of the Executive Committee - Sales & Client Services at Lemanik Asset Management S.A, said: “Our relationship with ICBC started over 10 years ago. In 2015, Lemanik appointed ICBC as their RQFII custodian for one of our common clients but also for the RQFII quota of Lemanik. We obviously see a huge potential to this relationship with the Belt & Road initiative and the 2021 EU-China Comprehensive Agreement on Investment. Today, in Europe and other continents, there is a strong demand for China-strategy funds, whether fixed-income, equities or real assets. Partnering with an iconic brand like ICBC is an enormous opportunity for Lemanik and we will go the extra mile to enable ICBC to succeed and achieve their objectives in Europe for the SICAV".

Full Press Release here

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