BNP Paribas appointed global custodian for German growth fund
The fund was recently established by the German government and KfW Capital to improve financing opportunities for start-ups and SMEs.
The fund was recently established by the German government and KfW Capital to improve financing opportunities for start-ups and SMEs.
New mandates significantly extend existing relationship.
Agreement will see NatWest TDS support the private equity firm’s regulatory oversight commitments.
The deal represents the first significant mandate win for the firm since State Street’s unsuccessful acquisition of its Investor Services unit last year.
All clients set to be transitioned to the new platform by the end of the year.