PROJECT Investment Selects CACEIS For Depositary Services

PROJECT Investment, an investment and real estate specialist, has appointed CACEIS Group as its depositary services provider.

The appointment allows PROJECT Investment to further prepare itself for compliance with the Alternative Investment Fund Managers Directive (AIFMD). According to the German KAGB regulation, AIFMs must appoint a depositary for each AIF they manage, if it is to be marketed within the EU. CACEIS will provide full depositary services for PROJECT Investment.

Holger Sepp, co-head and member of the Management Board of CACEIS in Germany, stated: “Our services are designed not only to assist PROJECT Investment with meeting regulatory compliance goals, but also to provide high levels of asset security for the group and its investors.