EN#0245 – Fund Management entity in UAE is now available for sale
A Fund Management entity in UAE is now available for sale.
This UAE Fund Management entity is licensed and regulated by both the Dubai International Financial Centre (DIFC) and the Dubai Financial Services Authority (DFSA), with all active permits and key teams for the past 12 months.
In particular, this Fund Management is licensed to:
- Manage a Collective Investment Fund, and
- Advise on Financial Products
Further, the entity for sale has 5 employees:
- Compliance/ MLRO: 2,000 USD per month (Fractional)
- CTO: 1,500 USD per month (Fractional)
- CFO: 1,000 USD per month (Fractional)
- Accountant (Fractional from Accounting Firm: 500 USD per month
- Non-Executive Director: 1,000 USD per month (Fractional)
- Senior Executive Office: 8,500 USD per month
Additionally, the monthly expenses for the Fund Management entity can be on average, 14,000 USD.
The sellers of this Fund Management entity are looking to sell the company with the regulatory license to potential strategic buyers who can benefit from a ready regulated licensed firm to either launch the Fund or provide financial products & advisory in investment space in UAE.
Ideally, they are looking for a partner to acquire part of business and become a co-GP to run the Venture Capital firm and be able to launch the Fund and start accruing revenue in the form of Management fees.
For further information on the sale of this Fund Management entity in UAE, please contact our Mergers & Acquisitions team at info@salvusfunds.com. More entities for sale can be found within our Entity Acquisition or Sale service.
SALVUS Funds’ teams can be engaged for guiding on new license authorisations for investment, payments or crypto-asset services, ongoing regulatory compliance consultancy for such licensed entities, and support in successfully acquiring ready-made regulated entities.
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