FundRock, the Luxembourg-based third-party ManCo and AIFM that is owned by Apex, has launched a new operation in Luxembourg to provide fund distribution solutions to non-EU asset managers. Asset managers, for which FundRock or its affiliates act as ManCo/AIFM, will be able to access FundRock’s fund distribution solutions through the recently established FundRock Distribution S.A., which has received authorisation as an investment firm from the CSSF in Luxembourg. The new initiative is led by managing director Arnaud Gérard.