Waystone #1 ManCo in Ireland and fastest growing in Luxembourg

• Waystone is the largest third party management company (ManCo) in Ireland¹
• Waystone is also the fastest-growing third party ManCo in Luxembourg with 37% increase in AUM last year²
• Above adds to Waystone’s existing position as the largest UK third party ACD³
• Underlines Waystone’s dominant position as one of the world’s leading providers of services to the asset management industry

Waystone, a leading provider of specialist services to the global asset management industry, is now the number one third party ManCo in Ireland and the fastest-growing third party ManCo in Luxembourg measured by AUM.

Waystone’s number one position in Ireland reflects the company’s continued growth year-on-year, achieved through strong service performance and strategic expansion. Waystone’s success and comprehensive client offerings are bolstered by its ongoing investment in people, products, and market-leading technology.

Elsewhere, PwC’s 2024 Barometer identified Waystone as the fastest growing third party ManCo in Luxembourg with 37% growth year-on-year, and the second most active launcher of RAIFs in the market, with 15 established in 2023 alone. The report also revealed Waystone’s move from 7th to 5th in the ranking of third party ManCos measured by AUM.

These latest statistics underline the strength of Waystone’s position across Europe fortifying the Group’s footprint in the region and continuing to build upon its already significant European presence.

Sanjiv Sawhney, Waystone’s Global CEO, said: “Our focus on delivering top-tier third party management company services has been a key element of our global growth. With our extensive global footprint, comprehensive product suite and breadth of expertise, we’re well placed to grow our presence in these leading hubs for fund management.”

Rachel Wheeler, Global Product Head for Regulated Fund Solutions, added: “Ireland and Luxembourg are resilient markets, demonstrating robust growth in alternative investments. Our accomplishments attest to the quality of our highly specialised products and teams, who consistently deliver for our clients and foster a culture of excellence.”

About Waystone

Waystone is a leading provider of institutional governance, administration, risk and compliance services to the asset management industry. Partnering with institutional investors, investment funds and asset managers, Waystone builds, supports and protects investment structures and strategies worldwide.

With over 20 years’ experience and a comprehensive range of specialist services to its name, Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence.

Media Enquiries

Harry Roxburgh, Nepean, +44 7814 372664
[email protected]
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¹ Monterey Insight Ireland Fund Report 2023 (aggregating Waystone entities: Waystone Management Company (IE) and completed acquisitions of KBA Consulting Management and Link Fund Manager Solutions (Ireland))
² PWC Observatory for Management Companies – 2024 Barometer
³ Investment Association data – monthly company rankings