A NEW, FULLY-AUTHORISED ENTITY IN THE UK
CACEIS London now has regulatory approval to provide depositary services to UK alternative investment funds. This development extends CACEIS’ range of depositary and custody services to alternative managers operating in the UK market. CACEIS has a long history of supporting UK clients from its European
centres such as Luxembourg and Ireland. With this approval, it is now able to assist these clients from their home market.
THE UK ALTERNATIVES MARKET AND THE BENEFITS OF ENGAGING CACEIS
The UK market is one of the fastest growing in the alternatives sector. It ranks third worldwide in assets under management with £6.2tr as of 2013, only second to the USA and Continental Europe. As the largest European centre for alternative fund management, the UK boasts over 450 private equity funds with £170bn in committed capital - 40% of Europe’s private equity investments. It is also home to some 200 real estate funds with over £200bn in assets; and more than 67% of European hedge funds with £200bn in assets across 600 funds.
UK clients benefit from CACEIS’s considerable infrastructure and international expertise supporting depositary and broader requirements. They also have access to CACEIS’s specialised post-trade functions relating to fund administration, middle-office, and monitoring of all asset classes. Furthermore, whereas
some providers in the UK may only offer “depo lite” services, CACEIS is...(Read more)