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CACEIS Bank Luxembourg – London Branch received regulatory approval to provide depositary services to alternative investment funds. This enables the CACEIS group to provide a full range of depositary and custody services to alternative investment fund managers operating in the UK market. CACEIS has a long history of servicing UK clients, and with this approval, will be able to directly support these clients in their home market.
According to the Chief Executive Officer of the London Branch, Clara Dunne, “We focus on assisting UK-based alternative clients in meeting AIFMD’s local depositary requirements, and are now in a position to offer our full range of fund administration and middle-office services to those clients. From here, we will build a fully-fledged asset...
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