Cayman Islands Dublin London


KB Associates was established in 2003 and has offices in Cayman, Dublin and London. It is an independent provider of management company (UCITS and AIFMD) and consulting services. It advises managers on operational and compliance issues relevant to the establishment and ongoing management of offshore investment funds.

Asset managers are challenged to increase profitability while prudently managing risk in an environment subject to ever increasing regulatory and product complexity.

Investors are increasingly focused on operational risk both at a manager and at a fund level.

KB Associates offers a range of advisory and project management services to:

  • UCITS Funds
  • AIFMD Compliant Funds
  • Cayman Hedge Funds
  • Funds of Hedge Funds
  • Private Equity Funds

KB Associates also offers a range of advisory and project management services directly to managers to support their internal operations and to address investor due diligence requirements.

By availing of these services, clients are free to focus critical management resources on the investment decision making process secure in the knowledge that all supporting activities are professionally managed.

KB Associates' activities are underpinned by adherence to its three core values:

  • Independence
  • Commitment
  • Expertise


KBA General Brochure KBA Guide to Establishing UCITS in Ireland KBA Experienced Independent Directors for Investment Funds KBA Solutions for Hedge Fund Managers KBA MLRO Services for Investment Funds Ireland KBA UK Facilities Agent Services for Managers Wishing to Distribute Funds into the UK KBA Management Company Solution Risk Management Services for Investment Funds - Ireland KBA Company Secretarial Services


KBA Fund Services

Fund establishment
Establishing offshore investment funds requires many issues to be addressed. The selection of more
Administrator / custodian selection
The choice of administrator / custodian in a fund setup is one of the most important decisions and the one most more
Advice on UCITS eligible investment strategies
The UCITS III Product Directive and the Eligible Assets Directive dramatically increased the range of more
Provision of Directors
Investment funds established in Ireland are required to appoint a minimum of two Irish resident directors. It is more
Business continuity assessment
Reputation is a critical asset for any financial institution. In the offshore funds environment many key functions are more
Provision of MLRO
Investment Funds established in Ireland are required to appoint a Money Laundering Reporting more
Distribution support
The distribution of funds, even those availing of a UCITS passport, requires various initial and ongoing filings to be more
Provision of operational & administrative support
The management of the myriad of service providers to a fund can be a time consuming exercise yet it is more
Management company services
Funds structured as Unit Trusts or Common Contractual Funds require a management company to facilitate their more
Performance of UCITS compliance functions
The UCITS III Management Directive places a significant knowledge and administrative burden on fund more
Administrator / custodian transition
Periodically fund promoters wish to review the services provided by the existing custodian/trustee and fund more
Preparation of UCITS business plan
KBA works with legal firms to develop UCITS compliant business plans. The compliance, finance and operational more
Preparation of UCITS Risk Management Process document
Each UCITS fund which intends to utilise derivative instruments, even where such use is exclusively for more
Development of operational model and service level agreements
KBA works with the various service providers to a fund to establish operating procedures, principally more


KBA Manager Services

Manager’s operations procedures
KB Associates will develop procedures to ensure operational risk is minimised. This will include developing more
Professional advisor selection
KBA works with a wide range of professional advisors and our independence means we offer impartial more
Prime broker selection
The prime brokerage product offering is becoming increasingly complex as providers adopt various more
Manager Business Continuity Planning
KBA will assist with the development and testing of an appropriate business continuity plan to ensure more
Manager’s office infrastructure
KBA will assist in the establishment of a complete physical office infrastructure and the development of risk controls, more
HFSB Certification
KB Associates will assist you to gain HFSB (Hedge Fund Standards Board) certification. Certification is viewed by many investors as more
Manager’s front / back office systems
KBA will assist with the selection of front office, back office and risk systems appropriate for the manager, and will then more
Preparation for Operational Due Diligence
In an extremely competitive market for investor capital, it is important that both the fund and manager have the necessary more
Investor demand and regulatory change have made fund re-domiciliation an increasingly important issue for more