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Aztec Group has been selected to provide administration to the "flagship" real estate fund of Luxgrove Capital Partners.
Luxgrove is a London-based real estate investment manager focused on London and the South East.
Aztec Group has been appointed to provide a range of administration, accounting and governance services to Luxgrove's Residential Add Fund, which invests in the development and refurbishment of residential assets.
Incorporated as a Jersey Private Fund, the Fund will be administered by the Group's Jersey office.
Lachlan Ross, Luxgrove Capital Partners Co-Founder, said they are looking forward to a "long and successful relationship" with the Aztec Group.
“We appointed the Aztec Group because it has an outstanding reputation as an industry leader in fund services. Our stakeholders and operations will benefit from the extensive range of administration services and high level of in-house specialists.”
Ed Bellow, Aztec Group's Associate Director of Real Assets in Jersey, added: “We’ve been really impressed with Luxgrove’s track record in delivering consistently attractive returns for their investors and we are confident we can add significant value to Luxgrove’s operations."
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