SGSS mandated by Alpha Real Capital LLP to provide custody and depositary services

31/10/2019

Societe Generale Securities Services (SGSS) is pleased to announce its appointment by UK based client Alpha Real Capital LLP to provide custody and depositary services.

Alpha Real Capital is an investment services group focused on income security from real assets, investing in asset backed income from real estate, infrastructure, and lending, with an emphasis on long income and inflation protection. The group has a strong focus on Cashflow Driven Investing (CDI).

SGSS is providing custody and depositary services to Alpha Real Capital’s new UK Property Authorised Investment Fund (PAIF).  The Index Linked Income Fund invests in portfolios of UK ground rent assets to provide a long-term secure and predictable inflation-linked income stream with associated capital growth.

SGSS was selected by Alpha Real Capital because of Societe Generale’s extensive European real estate experience that has been extended to the UK and willingness to be flexible in the development of a joint operating model.           

Bertrand Blanchard, Head of SGSS in the UK commented: “We are very pleased to welcome Alpha Real Capital as a client onto our fund services offering, which aligns with our overall global strategy. This is a significant step as the first real estate client for the UK, and signifies an extension of our depositary product into real estate.  We look forward to supporting Alpha Real Capital and their ambition for growth.”

Karl Devon-Lowe, Chief Financial Officer, Alpha Real Capital: “We are very pleased to be working with SGSS at this important juncture in the fund’s development and growth.”