Greenstone and Allen & Overy’s Aosphere LLP launch strategic collaboration

Greenstone and Allen & Overy’s Aosphere LLP launch strategic collaboration

Dubai, UAE:– Greenstone Equity Partners and aosphere have launched a strategic collaboration to provide fund managers with a comprehensive, low-cost regulatory solution for Saudi Arabia, Oman, Kuwait, Qatar, Bahrain, the UAE, the Dubai International Financial Center (DIFC), and the Abu Dhabi Global Markets (ADGM) (collectively, “the GCC”). Greenstone is the largest licensed fund placement firm and provider of fund distribution compliance in the GCC. aosphere is an affiliate of leading international legal practice Allen & Overy LLP and is an award-winning provider of innovative online legal information solutions.

The collaboration supports fund managers who market funds and other private placement offerings to investors in the GCC, enabling such fund managers to access aosphere’s Rulefinder Marketing Restrictions Asset Management product at a discounted rate specifically for the eight regulated jurisdictions in the GCC. aosphere's Rulefinder offers a practical and comprehensive analysis of the rules regarding marketing and offering funds and asset management services to investors, delivered via an intuitive online web-based platform.

Additionally, fund managers who are not licensed in the GCC countries may leverage Greenstone’s GCC Regulatory Compliance Program (“RCP”) to remain compliant while distributing their funds and other private placement offerings. Greenstone’s RCP provides a regulatory umbrella with outsourced compliance operations