Ganash Lokanathen, Director at the Aztec Group;

Headway Capital Partners LLP has selected leading independent fund and corporate services provider, the Aztec Group, to administer their fourth secondary private equity fund in Luxembourg.

Founded in 2004, Headway is an independent investment firm providing a full range of liquidity solutions to investors seeking exits or alternatives for their private equity assets.

Investing globally with a focus on Western Europe and North America, Headway purchases limited partnership positions in private equity funds, portfolios of direct private equity investments, and minority stakes in single companies. Headway also leads and participates in tail end transactions, provision of liquidity facilities for private equity portfolios, fund restructurings and GP led transactions.

Aztec Group, which is one of the world’s largest independent providers of fund, corporate and depositary services with over 650 employees operating across six jurisdictions, will support Headway with its fund structuring activities and provide on-going administration, financial reporting and company secretarial services for their fund from their Luxembourg office.

Commenting on the new partnership, Ganash Lokanathen, Director at the Aztec Group, said “Headway’s decision to partner with us is a strong endorsement of our award-winning fund services. We have already developed a fantastic relationship and it is great to see our teams working side-by-side to deliver an efficient and robust administration platform.”

Tushar Pabari, Chief Financial Officer of Headway Capital Partners LLP, said “We were looking for a fund administrator that could not only assist in launching our next fund but also provide proactive on-going administration services. Aztec Group has provided expert guidance right from the start and has worked with our team to ensure the on-boarding process was as smooth as possible.”