EFA Opens Nordic Office in Stockholm

Luxembourg-based European Fund Administration SA (EFA) has announced the opening of its Nordic office in Stockholm, Sweden.

After having serviced Nordic asset managers for over fifteen years, EFA considered the opening of a Nordic office a natural next step in its journey to become the leading investor services platform in the Nordic countries.

EFA provides fund administration, transfer agency services and regulatory solutions for both Swedish domestic funds and Luxembourg domiciled funds, in addition to front, middle and back office services for segregated mandates.

Paulo Fernandes, Chief Commercial Officer at EFA, said: "The Nordic region is a strategic market for EFA, where we have built a strong reputation through consistently meeting the demands of a sophisticated clientele. Opening a Nordic office is an important milestone that underlines our commitment to our clients and partners in the region".

EFA provides administrative solutions for a wide range of investment vehicles and strategies including Undertakings for the Collective Investment in Transferable Securities (UCITS) and alternative investment funds, established in multiple jurisdictions. As at December 2021, EFA had €166.8 billion assets under administration and had 450 employees in Luxembourg and Paris. Pending regulatory approval, EFA will become part of Universal Investment Group in the second half of 2022.