BrickVest has received authorisation from the Autorité des Marchés Financiers (AMF) to operate its investment management platforms from Nice with additional offices in Paris and Berlin. This will enable BrickVest to serve its European clients post-Brexit by continuing to provide real estate investment management and liquidity services.
The new Nice-based company, BrickVest Europe REIM SAS (BrickVest Europe), will operate as a Full Scope AIFM with Pan-European passporting. The firm will develop and market its range of thematic commercial real estate fund solutions to high-net-worth investors, family offices and institutional investors using its innovative online platforms and FinTech liquidity infrastructure.
Remi Antonini, BrickVest’s Head of Funds, has been appointed Managing Director of BrickVest Europe. He will be supported by David Mounou, whose current role as Chief Operating Officer extending to cover the new European operations, and Emmanuel Lumineau, BrickVest CEO, who takes on the Chairman position.
BrickVest has also launched BrickVest Technology Europe, a dedicated technology research and development company that develops FinTech solutions for its European online platforms and international partners.
Emmanuel Lumineau, CEO at BrickVest, commented: “We are delighted to have secured a full scope AIMF license from the AMF well ahead of Brexit. We now have two AIFM licenses – one in the UK and one within the EU-27 – which puts us in the best position to offer our clients a comprehensive service, whatever form Brexit takes.
“The decision to choose Nice for our new Eurozone head office underlines the French Riviera’s growing reputation as a leading tech hub attracting a pool of international investment and technology professionals with strong connections to the European market. Nice is also near Monaco and the Sophia Antipolis technology hub, meaning we are ideally positioned to capitalise on this established ecosystem while working with international markets and our existing London office.
“This license is a new step in our growth strategy as France has one of the largest and most exciting European real estate markets. We are looking forward to making the most of the opportunities this brings to our growing number of deal sponsors, investor base and technology ecosystem.”