CACEIS has been selected by Seven Capital Management, a French alternative investment fund manager (AIFM), as the centralizing agent for its Luxembourg specialized investment fund (SIF).
The Seven Capital Management fund, the BlackSnake sub-fund, is one of the first AIF SIFs to be admitted to Euroclear France.
As centralizing agent, CACEIS is responsible for handling investment inflows from the French market and for the settlement of subscription and redemption orders on Euroclear France on behalf of the fund.
CACEIS supported the launch of BlackSnake as depository, fund administrator and transfer agent in Luxembourg.
The range of international inflow handling services CACEIS provides us in Luxembourg is complemented by its role as centralising agent in France. We now cover all of the countries where we are aiming to distribute our funds,” says Johann Schwimann, CEO, Seven Capital Management.
CACEIS Picked as Centralized Agent for French AIFM
CACEIS has been selected by Seven Capital Management, a French alternative investment fund manager (AIFM), as the centralizing agent for its Luxembourg specialized investment fund (SIF).
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