Rothschild & Cie Gestion has chosen CACEIS to act as custodian and fund administrator for its range of alternative investment funds in Belgium, France and Luxembourg, following a request for proposal (RFP).
The mandate will also covers the clearing of listed derivatives, Foreign Account Tax Compliance Act (FATCA) related services and regulatory reporting.
Denis Faller, partner at Rothschild & Cie Gestion, said: ““We launched the RFP process because we wanted to streamline our operations, selecting a single service provider able to offer customised solutions to meet all of our needs, on all of the markets and asset classes concerned.”
“The offer from CACEIS, a provider recognised throughout Europe for its alternative investment fund services, caught our attention.”
Joseph Saliba, deputy CEO in charge of business development at CACEIS, added: “CACEIS is perfectly positioned to offer Rothschild & Cie Gestion a complete, consistent and progressive range of Alternative Investment Fund Managers Directive (AIMFD) compliant services across several jurisdictions.”
“This success confirms our strategy of strengthening our European presence and enhancing our offering in Italy, the UK and Switzerland.”
