This collaboration marks a significant milestone in 6 Monks’ mission to simplify and accelerate fund operations for asset managers, private equity firms, and other alternative investment actors. By integrating FundBank’s institutional-grade banking infrastructure, 6 Monks clients will benefit from seamless access to real IBANs, and conflict-free banking services—all underpinned by deep industry expertise in digital assets, regulatory compliance, and fund administration best practices.
Streamlining Private Market Banking and Operations
FundBank: A Trusted Partner for Private Market Expertise
“FundBank isn’t just a bank—it’s a partner that understands the urgency, complexity, and nuance of private markets,,” said Quentin Werlé, Head of Portfolio Management at 6 Monks. “Their Luxembourg-based team speaks our language, and their model aligns perfectly with our vision of speed, transparency, and scalability.”
FundBank, regulated by the Commission de Surveillance du Secteur Financier (CSSF), adopts a differentiated model based on the segregation of roles, avoiding conflicts of interest by not providing fund administration and depositary services. FundBank’s cash structure is designed to prioritize client protection and liquidity through on-balance sheet deposits and off-balance sheet fiduciary agreements, with highly rated counterparties.
Accelerating Alternative Investment Operations in Europe
“We built FundBank for firms like 6 Monks—innovative, fast-moving, and focused on delivering value to the alternative investment community,” said Steve David, CEO at FundBank (Europe) S.A. “Our shared DNA makes this partnership a natural fit.”
With new business acceptance decisions in just 5 business days, accounts live in 10, FundBank’s operational efficiency is a game-changer for fund managers navigating tight timelines and regulatory requirements.
This collaboration reinforces both firms’ commitment to empowering alternative investment professionals with the tools, infrastructure, and support they need to thrive in a rapidly evolving European market.
About 6 Monks (6M)
6 Monks is a Luxembourg-based Alternative Investment Fund Manager (AIFM) specializing in the management of regulated or supervised private equity and crypto-asset funds. As one of the first AIFMs in Europe authorized to manage Web3-focused investment vehicles, 6 Monks provides institutional-grade fund management, risk management, portfolio management, and cross-border distribution services. The investment firm empowers fund managers and investors to scale innovative strategies within a fully compliant framework across the EU.
To learn how FundBank can help you navigate the evolving world of private equity and digital assets, please contact us.