Dorhyan is the regulatory counterparty behind independent fund marketers and placement agents. You keep the manager, the mandate and the relationship. We carry the European regulatory layer underneath.
Who we work with
Third-party marketers and placement agents
You bring the manager and you keep them. We carry the regulatory layer underneath, so you can place mandates you would otherwise decline.
General partners
Private markets managers raising into Europe from outside it. Structure, hosting and distribution from one counterparty, directly or through the marketer you already work with.
AIFMs
Alternative investment fund managers marketing across the EU27, Switzerland and Norway. NPPR filings, pre-marketing under AIFMD II and delegation oversight handled as one pathway.
What we do
Three complementary services
Infrastructure
Distribution workflows, contract management, reporting and oversight. The operating layer your mandates run on.
Infrastructure
Regulatory hosting
MiFID and AIFMD hosting across the EU27, Switzerland and Norway. Operate compliantly and expand across jurisdictions from one place.
Regulatory hosting
Product intelligence
Fund structuring, LP-specific regulatory optimisation and due diligence, so a mandate arrives in the shape European investors can buy.
Product intelligence
Network
Our partners and clients
How we unlock EU capital
Accessing European capital should be a growth opportunity.
A substantial and growing pool of capital is available in the EU. We help non-EU managers access it compliantly, efficiently and at scale.
- Projected alternative AUM in the EU by 2030
€5tn
- Institutional investors across Europe
5 to 10k
- Annual fines related to AIFMD and MiFID
€50m+
Sources: Preqin, PwC, ESMA
The operating platform for cross-border fund distribution.
Technology will never replace the trusted relationship between a fund marketer, a placement agent and an investor. It should not. Dorhyan removes the friction around that relationship, never the relationship itself.
Why Dorhyan
One partner. Every jurisdiction.
No counterparties country by country. One accountable partner replaces the ManCo, the administrator and the lawyers across all twenty-nine jurisdictions.
EU and EEA coverage
- Dorhyan
- All 27 EU, plus CH and NO
- ManCo / AIFM
- Country by country
- Fund admin
- Country by country
- Lawyers
- Country by country
Your contacts
- Dorhyan
- Just 1
- ManCo / AIFM
- 3 to 5+
- Fund admin
- 3 to 5+
- Lawyers
- 3 to 5+
Your client relationship
- Dorhyan
- Stays with you
- ManCo / AIFM
- At risk
- Fund admin
- At risk
- Lawyers
- At risk
LP intelligence
- Dorhyan
- Yes
- ManCo / AIFM
- No
- Fund admin
- No
- Lawyers
- No
Fees
- Dorhyan
- Fixed monthly
- ManCo / AIFM
- Ongoing
- Fund admin
- Ongoing
- Lawyers
- Hourly
Owns the outcome
- Dorhyan
- Yes
- ManCo / AIFM
- No
- Fund admin
- No
- Lawyers
- No
| ManCo / AIFM | Fund admin | Lawyers | Dorhyan | |
|---|---|---|---|---|
| EU and EEA coverage | Country by country | Country by country | Country by country | All 27 EU, plus CH and NO |
| Your contacts | 3 to 5+ | 3 to 5+ | 3 to 5+ | Just 1 |
| Your client relationship | At risk | At risk | At risk | Stays with you |
| LP intelligence | No | No | No | Yes |
| Fees | Ongoing | Ongoing | Hourly | Fixed monthly |
| Owns the outcome | No | No | No | Yes |
JB Tanqueray
Chief Executive
Justin Abbott-Chalew
Chief Technology Officer
About
Who stands behind Dorhyan
Dorhyan operates from London and Luxembourg and carries the European regulatory layer for independent fund marketers and placement agents, and for the general partners and AIFMs raising into Europe. It has no route to a partner's client except through the partner. That is a fact about how the firm is built, not a promise about how it behaves.
Resources
Insights
AIFMD Compliance Costs for US Managers: The 2026 Strategic ROI Guide
Reframe AIFMD compliance as a customer acquisition cost. A strategic 2026 guide for US managers scaling into 27+ EU jurisdictions.
Read article
Does AIFMD Apply to US and UK Fund Managers?
A practical guide for non-EU AIFMs: when AIFMD bites, how NPPR works, what reverse solicitation really allows, and where the third-country regime is heading.
Read article
AIFMD 2.0: What Non-European Fund Managers Need to Know
AIFMD 2 takes effect April 2026. Here's what non-EU fund managers need to know about delegation, substance, loan origination funds, and liquidity management.
Read article