TAKE YOUR FUND ADMINISTRATION TO

NEW HEIGHTS

IN LUXEMBOURG

SPECIALIST TEAMS

WHO KNOW THE ROUTE

Some fund administrators take shortcuts, by outsourcing core services to low-cost centres. We stay close to where our clients need us most.

We’ve invested in Luxembourg, not just because it’s Europe’s leading fund domicile, but because it’s where our clients’ funds, investors and regulators are. With over 700 experts on the ground and growing, we’ve built our operations around proximity, precision, and performance – not compromise.

Q&A with our Head of Luxembourg

Loic Choquet

Head of Luxembourg

In our in-flight interview, we caught up with Loic Choquet, Aztec’s Head of Luxembourg, to discuss the value of local expertise, the advantage of specialist teams, and how our approach helps clients reach their destination with confidence.

Q: What sets your Luxembourg operations apart from other fund administrators?

In a word: specialisation. We’ve developed dedicated client teams, each focusing on the specific nuances of their individual private asset classes. Add to that our deep understanding of the Luxembourg regulatory landscape, and you get a team that doesn’t just process – we partner. We support over 300 clients here, and our focus on long-term relationships means 80% of our new business comes from existing clients – a clear sign we’re delivering real value and earning long-term trust.

Q: Why is local, specialist knowledge so critical for fund managers today?

Luxembourg’s regulatory environment is sophisticated, and rightly so. Fund managers can’t afford a one-size-fits-all approach – they need administrators who know what’s around the corner. Our teams are embedded in the local ecosystem. They’re in regular dialogue with the CSSF, participate in working groups, and stay ahead of legislative developments. Whether it’s regarding waterfall modelling, NAV validation for real assets, or credit fund structuring – we’ve got people on the ground who understand the intricacies.

Q: How are you attracting and retaining the right people in Luxembourg?

We create the right environment for our people to thrive in. We’ve built a culture that supports professional growth, rewards collaboration, and empowers people to stay and succeed. That approach is working with our market-leading staff retention rate of over 85%. We offer structured development programmes, and ongoing training, ensuring our teams stay ahead in a rapidly evolving market.

It’s this investment in people that fuels the consistent, high-quality service our clients rely on, as evidenced through our industry leading net promotor score (NPS) of 48+.