News / 26 June 2012
DCG Luxembourg Office - Two Years Old and Growing
A gathering of influential players in the fund market, including partners from the big four, senior lawyers and MD’s of various banks, expressed their optimism for the future growth of DCG in the Grand Duchy.
DCG provides the full range of funds services, however what stands them apart from the Luxembourg competition is their day-to-day management and oversight of investment funds fulfilling local regulatory corporate governance requirements.
Charles Muller, a partner at KPMG commented;
“Good to see DCG being recognised as a professional player in the Luxembourg market”.
The ever growing importance of the topic of risk, as a result of regulatory changes under MiFID II and AIFMD, has also increased demands for external expertise. DCG currently manages structures with assets in excess of €10 billion and has an extensive background in regulated funds as well as Real Estate and Private Equity structures for blue chip and institutional clients and was therefore naturally placed to become a leading player in the arena of independent risk oversight.
DCG also joined a growing number of Luxembourg firms with a woman at the helm. The Luxembourg financial sector was traditionally male dominated with few women breaking the glass ceiling of senior management. Daniela Klasén-Martin, the managing director of the Luxembourg office was quoted as saying. “The challenge of boardroom gender parity continues, in my own career I have noticed a welcome change in attitudes”.
This sentiment was echoed by Pam Steenfield-Kristensen, the company secretary for JPMorgan Bank, “Tonight was a wonderful evening, Daniela Klasén-Martin is a shining example of a successful professional woman in business”.
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