Societe Generale Securities Services (SGSS) has established a center of expertise in Luxembourg for alternative funds, which will provide services for private equity, real estate and tangible assets.
The business is targeting institutional investors such as family offices and wealth managers, which will have a single point of entry to SGSS accounting, trustee, fund domiciliation, fund administration, transfer agent and registrar services.
SGSS says a team of specialists from its Luxembourg office accompanies clients throughout their investments and provides all the securities services which conform to the international regulations applicable to this category of fund.
Standard Chartered earlier this week announced it is establishing a business of its own in Luxembourg offering a suite of investor services to UCITS-structured funds. Luxembourg is one of the worlds largest fund domiciles.
(CG)