Abu Dhabi is continuing to develop its position as an international financial centre, with regulated infrastructure providers targeting asset managers that need to establish and operate investment vehicles across multiple jurisdictions.
Fund+ Ltd has launched an integrated investment infrastructure platform from Abu Dhabi Global Market (ADGM), offering fund structuring, documentation, investor onboarding, operational support and compliance services through a consolidated platform. The company has secured Financial Services Permission FSP No. 220138 from the Financial Services Regulatory Authority (FSRA).
The platform is designed for family offices, institutional investors and emerging fund managers. According to Fund+, its digitised operating model can reduce the time required to establish multi-jurisdictional investment vehicles from months to weeks, although actual timelines can vary depending on the structure, jurisdiction and regulatory requirements involved.
What Is Fund+?
Fund+ is a regulated asset management and investment infrastructure provider operating from ADGM.
Its model addresses an operational issue faced by fund managers: establishing an investment vehicle often requires coordination between separate legal advisers, administrators, compliance providers, custodians and other service companies.
Fund+ seeks to consolidate those functions into a single operational layer.
The platform covers several stages of the fund lifecycle, including:
- Fund structuring
- Legal documentation
- Hosting services
- Investor onboarding
- Fund operations
- Regulatory compliance
- Investment management-related services
The stated objective is to reduce administrative fragmentation so investment managers can devote more resources to portfolio management and capital raising.
How the Fund+ Infrastructure Model Works
Traditional fund establishment can involve multiple independent providers, each with separate documentation, processes and delivery schedules.
Fund+ is designed to bring these activities together within one platform.
The approach combines regulated financial services with digital infrastructure, creating a central operating layer for professional investment clients.
This is particularly relevant for managers working across multiple markets because the legal and regulatory requirements for an investment vehicle can differ significantly between jurisdictions.
Fund+ supports structures across ADGM, offshore markets and Europe.
ADGM Investment Vehicles
Fund+ can establish onshore Middle Eastern fund structures and investment special purpose vehicles in ADGM.
These structures operate within ADGM’s legal framework, which is based on English common law.
Cayman Islands and Delaware
The platform also provides turnkey fund structures in the Cayman Islands and Delaware, two established jurisdictions for international investment vehicles.
Luxembourg
For European investment structures, Fund+ supports actively managed certificates issued from Luxembourg.
The combination gives managers access to different legal structures depending on their investment strategy, investor base and geographical requirements.
Fund+ Regulatory Scope
Fund+’s operations in ADGM are subject to authorization by the FSRA.
Its Financial Services Permission, FSP No. 220138, covers several regulated activities, including:
- Managing Collective Investment Funds and Assets
- Advising on Investments or Credit
- Arranging Deals in Investments
- Arranging Custody
The regulatory authorization is an important distinction between an investment infrastructure platform and an unregulated administrative technology provider.
For institutional and professional investors, the regulatory status of the entities involved in fund management, custody and investment services can form an important part of operational due diligence.
Why ADGM Matters to Fund Managers
ADGM has developed an international financial-services ecosystem built around an English common-law legal framework and financial regulation administered by the FSRA.
Its location also places Abu Dhabi within the broader Middle Eastern capital-markets landscape while providing an operating base for firms targeting international investors.
For asset managers, the attraction of an ADGM presence is therefore not limited to establishing a local entity. It can also provide access to an internationally oriented financial centre from which investment structures and services can be developed for regional and international clients.
Fund+ is positioning its infrastructure offering within this expanding ecosystem.
The Operational Problem in Cross-Border Fund Management
Launching a fund involves more than creating a legal entity.
Managers may need to coordinate:
- The investment structure
- Legal documentation
- Regulatory permissions
- Investor onboarding
- Custody arrangements
- Fund administration
- Compliance processes
- Ongoing reporting and operations
When these functions are distributed across multiple providers, managers may have to reconcile different systems, contractual arrangements, communication channels and timelines.
For smaller or emerging managers, those administrative requirements can represent a significant portion of the infrastructure needed to launch an investment strategy.
Fund+’s proposition is to consolidate those functions rather than requiring managers to build the operational framework independently.
Multi-Jurisdictional Fund Structures
Cross-border investment management increasingly requires structures capable of accommodating investors and assets in different markets.
However, international fund structures are not interchangeable.
ADGM, Cayman Islands, Delaware and Luxembourg each operate under their own legal and regulatory frameworks. The appropriate structure can depend on factors including:
- Investor requirements
- Investment strategy
- Asset location
- Tax considerations
- Regulatory obligations
- Distribution arrangements
- Custody requirements
- Manager domicile
A platform supporting multiple jurisdictions can therefore simplify administration, but it does not eliminate the need for legal, tax and regulatory analysis specific to each fund.
Technology and the Digitisation of Fund Operations
Fund administration has historically involved substantial documentation and coordination between professional service providers.
Digitisation can reduce manual processes by bringing documentation, onboarding and operational workflows into connected systems.
For managers, the potential benefits include more standardised processes, greater visibility over administrative tasks and fewer handoffs between providers.
The effectiveness of such platforms, however, depends on factors beyond software. Regulatory compliance, data protection, cybersecurity, operational controls and the quality of third-party infrastructure remain important considerations.
The move toward integrated platforms therefore represents an evolution in fund operations rather than the removal of operational risk.
Who Is the Platform Designed For?
Fund+ identifies several groups as potential users of its infrastructure.
Family Offices
Family offices managing substantial investment portfolios can use professionally structured vehicles for particular strategies or asset classes.
Institutional Investors
Institutional capital providers may require regulated structures and established operational arrangements when allocating capital across private markets and other investment strategies.
Emerging Fund Managers
New managers can face particularly high infrastructure costs when establishing their first investment vehicles.
An integrated platform can potentially reduce the number of separate providers that need to be coordinated during launch and ongoing operations.
Public Markets, Venture Capital and Private Equity
Fund+ says its infrastructure model is intended to support professional clients across public markets, venture capital and private equity.
These strategies can have substantially different operational requirements.
Public-market funds may require efficient portfolio and custody arrangements, while venture capital and private-equity structures can involve complex capital calls, investor reporting, valuations and underlying portfolio-company administration.
A platform serving multiple strategies therefore needs sufficient flexibility to accommodate different fund structures rather than relying on a single standardised model.
Risks and Limitations
An integrated infrastructure platform can simplify administration, but it does not remove the underlying risks associated with international investment management.
Managers and investors still need to consider:
- Regulatory requirements in each relevant jurisdiction
- Custody arrangements
- Cybersecurity and data protection
- Counterparty risk
- Fund governance
- Investor eligibility
- Operational continuity
- Legal and tax requirements
- Cross-border reporting obligations
The claim that a fund can be launched in weeks should also be understood as a platform capability rather than a universal regulatory timetable. The actual period required will depend on the structure, documentation, jurisdictions and approvals involved.
Abu Dhabi’s Expanding Asset Management Ecosystem
Fund+’s launch comes as Abu Dhabi continues to attract investment-management businesses and financial institutions.
For infrastructure providers, this creates demand for services that can connect regional financial activity with international fund structures.
The combination of ADGM’s regulatory framework, common-law legal system and international orientation provides an environment in which firms can develop services aimed at both Middle Eastern and global investment managers.
Fund+’s strategy reflects this wider shift: financial centres are increasingly competing not only through capital availability, but also through the infrastructure available to establish, operate and scale investment businesses.
Future Outlook for Fund Infrastructure
The fund-management industry is gradually moving toward more integrated operating models.
Rather than relying on separate providers for every stage of a fund’s lifecycle, managers are increasingly able to use platforms that connect structuring, onboarding, compliance and operations.
The long-term significance of this model will depend on whether integrated infrastructure can maintain regulatory quality and operational resilience while reducing administrative complexity.
For ADGM, the development of platforms such as Fund+ adds another layer to its financial ecosystem by connecting regulated asset management with technology-enabled fund infrastructure.
For managers, the principal consideration remains practical: whether a consolidated platform can deliver the required regulatory, operational and jurisdictional capabilities for a particular investment structure.
Conclusion
Fund+ has launched an integrated investment infrastructure platform from ADGM after securing Financial Services Permission No. 220138 from the FSRA.
The platform brings fund structuring, documentation, investor onboarding, hosting, operations and compliance into a consolidated service model, while supporting investment structures in ADGM, the Cayman Islands, Delaware and Luxembourg.
Its launch reflects a broader shift toward digitised and integrated fund infrastructure as international asset managers seek to reduce the administrative complexity of establishing and maintaining investment vehicles.
The development also highlights ADGM’s growing role as a base for financial firms seeking a combination of Middle Eastern market access and an internationally oriented regulatory and legal framework.
