We sat down with Filip Suchta, Branch Director and Country Head of the Q-Securities Malta branch, and a member of Finance Malta. Q-Securities is a Polish-based investment firm, licensed for the safekeeping of financial instruments and providing depository services in Poland, Luxembourg, and, since 2023, Malta. This new location allows them to serve emerging fund managers from across the globe.
Identifying the limitations emerging fund managers faced in Luxembourg, Q-Securities began exploring alternative jurisdictions. Filip explained that Malta emerged as the ideal choice due to its English-speaking environment, robust regulatory framework, transparent and approachable regulators, and a vibrant market atmosphere.
"From the outset, we aimed to fill market niches, supporting fund promoters unable to find depository services," Filip shared. "We saw Luxembourg as a gap in the market, particularly for smaller, emerging fund managers. However, as Luxembourg became less accessible to these managers, we sought a viable alternative."
Filip emphasized Malta's evolution as a versatile fund jurisdiction. Historically seen as a hedge fund hub, Malta has diversified its offerings over the past few years, making it attractive for various investment strategies, including liquid securities, private debt, bonds, real estate, private equity, venture capital, and digital assets.
"Malta's maturing regulatory framework and innovative fund structures make it the perfect environment for personalized, flexible service," Filip noted. "This ensures that fund managers are well-supported as they grow."
Since establishing their branch, Q-Securities has built strong relationships with market players and acquired their first clients, laying the groundwork for a successful future. Filip highlighted that Malta serves as a complementary jurisdiction to Luxembourg, particularly for emerging fund managers.
"Our goal is to continue evolving Malta's fund ecosystem, offering the best regulation and service while maintaining the personal connection that sets us apart," Filip said. "We believe Malta offers the perfect environment for fund managers looking for personalized and adaptable service."
Filip expressed pride in what Q-Securities has accomplished and excitement for the future. The firm envisions Malta not just as a stepping stone but as a potential long-term home for fund managers, providing a personal touch and close-knit community feel.
"In the coming years, we aim to build on our success, strengthen our presence, and support the growth of emerging fund managers in Malta," Filip concluded.
At our latest 0100 Conference Mediterranean, we gathered experts from Lombardy’s investment ecosystem, including Andrea Beretta of Cariplo Factory, Gessyca Golia from the Lombardy Region, and moderator Fiorenza Lipparini of Milano & Partners, to discuss the unique appeal of Milan for venture capital (VC) and private equity (PE) investments.
The 0100 Conference Mediterranean Fireside Chat: VC Secondaries – the Market Opportunity and Ways to Select the Right Fund highlighted its unique potential for investors seeking more liquidity and quicker returns. This session featured Nick Hendra from AAF Management, Matt Russell from Vencap, and Luca Mannucci from Sella Venture Partners, who shared insights on the market dynamics of VC secondaries, effective fund selection, and key strategies for mitigating risk while maximizing returns.
LP panels are essential at every conference, especially as fundraising becomes increasingly competitive and challenging. One of the highlights at the 0100 Conference Mediterranean was the panel titled “Attracting LP Investors Outside the Region: Interest in the Regional PE/VC Market from Global Institutional Investors.” In this session, key investors shared insights into the growing global interest in private equity and venture capital markets within the Mediterranean and Southern Europe. Moderated by Francesco Cerruti, Director General of the Italian Tech Alliance, the panel brought together leading figures in the industry, including Emre Karabekirogullari, Director of Investments at Sarona AM; Patrick Aisher, Chairman of Kinled Holding; Benno Tieke, Director of Portfolio Management at Philips Ventures; and Veera Somersalmi, Director of Investor Relations at Bpifrance.
