Untill recently, the cost and infrastructure requirements for launching an ETF were prohibitive for small and mid size asset managers. Traditionally, building and launching a new ETF would cost EUR 750K to 1.5M
We are changing that.
Légal & Financier Européen (LEFE) was founded by by Justin Oliver McCarthy in 2015 in order to permit small and mid sized asset managers to enter into the ETF space for a fraction of the going cost and without the need for in-house infrastructure.
In order to accomplish this, we have built a network of competitive fund service providers and asset managers who are willing to service third party ETFs, much like a "white label" solution.
The result enables anyone to create and launch their tailor-made ETF.
Whether or not you are authorised as a fund manager, we undertake all of the legal work, project management and act as a single interlocutor facing our network of fund service providers, exchanges and financial regulators.
Though we focus on servicing alternative investment strategies, we also welcome more traditional investment strategies, in all asset classes.
Justin Oliver McCarthy, President
Justin studied law and specialised in financial market law at l'Université de Paris - Panthéon Assas (ParisII). Justin has served as legal counsel and as compliance officer for several financial institutions over the past 20 years in Paris, London, and Dublin. He has worked with hedge funds, global exchanges and clearing houses, central banks, brokerage houses, asset managers and investment banks, throughout the world. Justin manages a family office which is focussed on options strategies in the commodities space.
Jeff Grossman, Senior Associate & Executive
A seasoned capital markets professional with over 20 years experience in wholesale trading and markets infrastructure. Jeff has held numerous Senior Positions in MiFID investment firms including Head of Sales, Chief Operations Officer, and Managing director. His expertise spans voice, electronic, and Hybrid systems across the full spectrum of exchange and OTC instruments.
Clients and Partners have included tier 1 Credit Institutions, Global Funds, HFT Firms, and Interdealer Brokers. Jeff is well known and widely respected for his innovative and agile approach to the business of trading, and ability to deliver creative solutions. Lefe is delighted to welcome him aboard as a Senior Associate and Executive.
Valentina McCarthy, P.A.
Valentina McCarthy was born in Leningrad, in the U.S.S.R. Valentina studied classic ballet and classic art in Saint Petersburg, Russia. Subsequent to her artistic studies, she entered the business world and joined Ginza Project, the premier restauranteur in Russia, as a Business Concept Director. Valentina's work with Ginza Project left a permanent footprint in Russian business in terms of innovation, creativity, and international flavors throughout Saint Petersburg and Moscow. Valentina then expanded her business interests to retail fashion, manufacturing and import-export of garments. Valentina's "Room 78", a fashionable Saint Petersburg clothing retailer, become nationally recognized in Russia. Valentina is responsible for secretarial duties as well as dealing with our Russian speaking clients and partners.