Societe Generale has been appointed as clearing broker and certificate issuer to a range of funds managed by Progressive Capital Partners, a Swiss alternative investment management group. Societe Generale Securities Services (SGSS) has also been appointed as the custodian to the funds.
The appointments relate to Progressive’s newly launched Irish-domiciled UCITS funds, expanding the group’s assets under management to over $680 million.
“Progressive Capital is one of Switzerland’s leading alternative investment managers and we look forward to strengthening our partnership with them as we are convinced that they will grow in the coming years,” says Andrew Dollery, director, Societe Generale Prime Services.
“This relationship is a further recognition of Societe Generale’s ability to offer clients innovative UCITS compliant services.”
Soc Gen Appointed Clearer and Custodian by Swiss Management Group
Societe Generale has been appointed as clearing broker and certificate issuer to a range of funds managed by Progressive Capital Partners, a Swiss alternative investment management group. Societe Generale Securities Services (SGSS) has also been appointed as the custodian to the funds.
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