PRESS RELEASE

Lemanik Asset Management becomes Fundsight: a new identity aligned with an
international ambition

Luxembourg, 16 June 2025 – The renaming of Lemanik Asset Management to
Fundsight is much more than a simple rebranding. It marks the beginning of a new
era, driven by the arrival of BlackFin Capital Partners as sole shareholder and the
appointment of Xavier Parain, former Head of Asset Management at the French
Financial Markets Authority (AMF), with 30 years of experience in leading financial
institutions, as CEO.

Fundsight aims to accelerate the development of an independent management
company model (“Third-Party Manco”), a pure player, agile and tailored to meet the
specific needs of asset managers worldwide.

The name Fundsight was designed to reflect the company’s core business: fund
governance. It conveys clarity, expertise, and strategic vision for clients. The new
logo, dynamic and assertive, symbolizes the company’s drive for innovation, growth,
and ambition shared by all its teams.

This change is part of a clear strategy: to build an independent, pure-player manco.
Fundsight targets all types of institutional investors (asset managers, family offices,
private banks, insurance companies, investment advisors) seeking an agile and
efficient alternative to the standardized solutions of larger market players when it
comes to managing their investment funds. Thanks to its open-architecture model,
each client is free to choose fund administrators and custodians according to their
specific needs and investment strategy.

This vision has been shared with clients and numerous prospects over the past three
months across Europe, Asia, and North & Latin America. The enthusiasm has been
tangible, and the first concrete results have followed quickly, most notably the
selection of Fundsight as the reference management company for Sicav Emergence,
the fund backed by institutional investors from the Paris financial market.

In line with this momentum, the company is accelerating its international expansion.
While its operational core remains based in Europe, Fundsight now has two
commercial and relationship hubs in Hong Kong and New York to be closer to its
Asian and North & Latin American clients. These offices are staffed with local teams
of business developers and relationship managers who provide personalized
support aligned with local needs.

In parallel, Fundsight has launched an ambitious IT and digital roadmap, already
shared with several strategic clients. It aims to boost operational efficiency and
progressively integrate high-value-added services. Building on this momentum, the
company is also exploring opportunities for external growth through partnerships
with like-minded management companies that share a culture of independence,
rigor, and client care, as well as through carve-outs of asset management activities
from financial institutions and asset managers, in deals that create strong value for
all stakeholders.

“Fundsight is more than a new name; it’s a commitment from our team to deliver a
model that is clear, agile, and aligned with our clients’ needs and standards for
quality and compliance. Our ambition is to build, with them, the leading
management company for fund domiciliation in Europe in the years ahead,” says
Xavier Parain, CEO of Fundsight.