FundRock has been chosen by Goehring & Rozencwajg to provide distribution and management company (ManCo) services.
According to the agreement, FundRock, a third-party Ucits management company with headquarters in Europe, will offer its services to the US company through its Irish platform for active distribution throughout Europe.
Through FundRock's Ucits platform, this might make it possible to invest in natural resources further.
The agreement continues a pattern of Irish self-managed fund boards and managers working together with reputable institutional third-party management firms that are not based in the European Union.
"Platforms continue to be an efficient and expedient route to market in Europe, and when combined with our active distribution capability, this provides a compelling solution for managers wishing to enter the European market," said Barry O'Brien, head of funds (Ireland) at FundRock.
"We look forward to working with Goehring & Rozencwajg to enable them to distribute their funds and reach new investors across Europe and the rest of the world, while ensuring the highest standards of governance and regulatory compliance."
Co-founders of Goehring & Rozencwajg, Leigh Goehring and Adam Rozencwajg, stated: "The appointment of FundRock for both ManCo and distribution services was a natural decision."
"It will enable us to leverage their experienced local team in Ireland combined with their global connectivity and outlook so we can focus on what we do best: deploying our experience and original research to uncover value in commodities and natural resources to deliver attractive returns for our investors."
With more than 470 funds and €134 billion in assets under management, FundRock is one of the biggest ManCos in Europe.
The company Goehring & Rozencwajg, which specializes in natural resource investment, was established in 2016.
With a €292 million AUM, it has its corporate office in New York.
By fLEXI tEAM
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