AIF Management
Services S.A.

CSSF - authorised AIFM & Fund Administrator

AIF Management Services S.A. is an independent, Luxembourg-based third-party Alternative Investment Fund Manager providing AIFM and central administration services to professional investors across private equity, venture capital and real estate strategies.

We support fund promoters and investors throughout the full lifecycle of alternative investment funds, combining strong local substance in Luxembourg with robust governance and regulatory oversight.

Supervised by the Commission de Surveillance du Secteur Financier (CSSF)
Authorisation number:
A00001126

About Us

Our Firm

Established in 2011 in anticipation of the AIFMD regulatory framework, AIF Management Services S.A. has been operating as a fully authorised Alternative Investment Fund Manager since 2015. The firm supports both both regulated and unregulated alternative investment funds across private equity, venture capital and real estate asset classes.

Founded as a boutique organisation, we combine institutional-grade governance with a pragmatic and highly personalised approach. Our strong local substance in Luxembourg, together with direct access to senior decision-makers, allow us to deliver services that are fully compliant while remaining closely aligned with our clients’ operational and investment objectives.

Our team brings together multicultural and multidisciplinary experience gained in banking, investment institutions, and international audit and advisory firms. This enables us to manage the technical, operational and regulatory complexities inherent to alternative investment structures.

Our Approach

Our approach is built on four core principles that guide our relationships with clients, investors and other stakeholders:

Independence

As an independent third-party AIFM, we place particular importance on our fiduciary and regulatory responsibilities. This independence enables objective oversight, effective management of potential conflicts of interest, and robust decision-making frameworks.

Team

We believe that effective fund management is driven by people. Our experienced, multinational team operates under high professional and regulatory standards, with a strong emphasis on continuity, accountability and quality of execution.

Predictability

We are committed to providing clarity and transparency across governance, processes and cost structures. This allows our clients to operate within stable and predictable frameworks throughout the full lifecycle of their funds

Proactivity

We adopt a proactive and solution-oriented mindset, supporting clients in navigating regulatory requirements, operational challenges and evolving market conditions, while facilitating efficient time-to-market for their investment strategies.

Key Facts

  • CSSF-authorised Alternative Investment Fund Manager and Fund Administrator
  • Supporting private equity, venture capital, real estate strategies, and expanding into private debt and FoF
  • 15 Luxembourg-based professionals, led by 5 Conducting Officers
  • 30+ alternative investment funds supported
  • Approximately EUR 2 billion of assets under management/administration
  • Assets located in 30+ countries across multiple continents
  • Investor originating from 50+ jurisdictions worldwide

(Figures indicative and subject to change)

Services

What We Offer

As an independent third-party AIFM, AIF Management Services S.A. provides a comprehensive range of services covering the full lifecycle of alternative investment funds, from structuring and launch to ongoing operations, supervision and, where applicable liquidation.

Fund Setup & Structuring

  • Coordination of fund setup, onboarding and migrations
  • Review of legal, constitutional and offering documentation
  • Structuring of regulated and unregulated alternative investment funds

Portfolio Management

  • Oversight of portfolio management and delegated managers
  • Pre-investment assessment and ongoing monitoring of investments
  • Support to investment governance and decision-making

Risk Management

  • Implementation and maintenance of an AIFMD-compliant risk framework
  • Monitoring of market, liquidity and operational risks
  • Stress testing and risk analysis

Valuation

  • Internal preparation of asset valuations, where applicable
  • Establishment and maintenance of valuation policies and procedures
  • Oversight and review of valuations, including external valuers

Fund Administration

  • Oversight and coordination of NAV calculations and accounting records
  • Preparation and review of financial statements
  • Support to corporate governance, board activities and regulatory interactions

Transfer Agent

  • Processing of investor lifecycle events, including subscriptions, redemptions and transfers
  • Maintenance of the investor register
  • Support to investor relations, confirmations and periodic investor reporting

Regulatory Reporting

  • Preparation and submission of AIFMD Annex IV and other regulatory reporting
  • Support to investor-related reporting and regulatory disclosure
  • CRS and FATCA reporting coordination and oversight

AML Compliance

  • Provision of AML/CFT compliance functions through delegation arrangements
  • Oversight of AML/CFT reporting obligations and regulatory interactions
  • Performance and supervision of AML/KYC checks
Funds & Mandates

Portfolio Overview

We act as Alternative Investment Fund Manager and Central Administrator to a diversified range of regulated and unregulated alternative investment funds. We specialize in private equity, venture capital, real estate and other alternative strategies, supporting fund structures throughout their full lifecycle, from launch to maturity and, where applicable, liquidation.

We currently support, or have supported, the following types of structures:

  • Private Equity funds investing across multiple sectors and geographies
  • Venture Capital funds, including technology- and innovation-focused strategies
  • Hedge funds subject to CSSF supervision
  • Real Estate funds
  • Unregulated alternative investment structures
  • Listed funds on regulated markets


Information provided is for identification purposes only and does not constitute an offer or solicitation.

Team

Our Leadership

Our operations are led by a team of experienced professionals with strong backgrounds in investment management, risk, valuation, compliance and fund administration. The Conducting Officers are supported by a dedicated team of professionals based in Luxembourg, ensuring appropriate substance and continuity of operations.

Jacek
Wolak

Founder, CEO, Portfolio Management Conducting Officer

Darya
Lisouskaya

Compliance and AML Conducting Officer

Dimitri
Aline

Risk Management Conducting Officer

Rafal
Juchniewicz

Valuation Conducting Officer

Baya
Haffaf

Central Administration Conducting Officer

Giulio
Di Sisto

Senior Valuation Officer

Szymon
Gruszczynski

Senior Transfer Agency Officer