A realistic alternative
“Our business in the Luxembourg private equity fund market has tripled in the past five years.”
Investors and fund managers looking for a securities services supplier in the Luxembourg private equity fund market should be encouraged by the development of SGSS as a realistic alternative in recent years. “Our business has tripled in the past five years or so, as measured by the volume of assets under administration,” says Olivier Renault, Country Director for SGSS in Luxembourg. SGSS offers one-stop shop access to classic private equity and real estate funds investing in traditional assets, as well as to funds specialising sharia-compliant assets, and art, fine wine and even movies.
Olivier Renault credits this to the creation of a dedicated alternative funds desk. “We have a team of recognised specialists here and are widely accepted as a major player. We won three new mandates in the last few weeks of 2012 alone, encompassing fund administration, custody, transfer agency, fund domiciliation and other services.”
For more information: Olivier.Renault@sgss.socgen.com