CACEIS NEWS 36

produCts and services

No. 36 - January 2014 - caceis news 3

CACEIS serves clients out of a new branch in Italy

new business

Pioneer Investments CACEIS is Pioneer Investment’s asset servicing provider of choice for the launch of its first French law fund, managed as part of an exclusive partnership with Banque Neuflize OBC. CACEIS provides Pioneer Investments with a wide range of services: custody and depositary functions, fund administration and the production of financial and regulatory reports. It also manages the fund’s corporate governance and legal affairs. Joseph Saliba , Deputy Chief Executive Officer at CACEIS, said: “We are proud to have been selected as the asset servicer for Pioneer Investments’ first UCITS IV French law fund. It demonstrates the quality of our offering and our visibility among major international fund managers. It also serves to strengthen our long-term partnership with Neuflize OBC.” Buss Capital German investment manager, Buss Capital GmbH & Co. KG, has selected CACEIS to provide depositary services for its funds managed under the new KAGB regime. Based in Hamburg, Buss Capital is the market leader for closed-end shipping container funds in Germany, having launched 29 mutual funds, four private placements and eight direct investments. “Our aim was to select an experienced depositary services provider to enable us to meet the KAGB regime’s obligations while focusing ourselves on asset management. We have found what we require in CACEIS,” said Dr. Dirk Baldeweg , Executive Director of Buss Capital. SachsenFonds SF Institutional Invest GmbH, the investment management company of SachsenFonds Group, has mandated CACEIS to provide depositary services for its Alternative Investment Funds (AIFs). SF Institutional Invest GmbH is specialised in the management of real estate assets and development projects linked to renewable energies. “CACEIS is an experienced partner in the closed- end fund industry and has available comprehensive know-how in those asset classes, which are important to us” , said Jürgen Gobel , managing director of SachsenFonds Group. Publity Performance The German asset manager, publity Performance GmbH, has mandated CACEIS to act as depositary for its real estate mutual funds. The Leipzig- based parent company, publity AG, primarily invests in commercial real estate as well as in business premises and residential houses in German metropolitan areas such as Frankfurt am Main, Hamburg and Munich. CACEIS was awarded the mandate on the strength of its expertise in the field of real estate fund servicing: “We are delighted with the high quality of the service package CACEIS brings to the deal, and we especially appreciate the smooth onboarding process that the group provides in Germany”, stated Thomas Olek , CEO of publity AG ■

Contacts: Giorgio Solcia, Managing Director giorgio.solcia@caceis.com Roberto Colapinto, Head of Regional Coverage roberto.colapinto@caceis.com

Address: Piazza Cavour, 2 I-20121 Milano + 39 02 72 17 44 11

© Ivan Floriani - Fotolia.com

Following the granting of a banking license by the Bank of Italy on 21 January 2014, CACEIS has opened a Milan-based office to service clients active on the Italian market. In line with the group’s business development strategy implemented across its other global offices, CACEIS will bring the full range of service offerings and expertise to clients operating on the Italian market. The entity, managed by Giorgio Solcia, relies on a well-established and efficient local investment servicing and relationship management team. This office counts with a large institutional client base of investment and management companies and already ranks as 4th largest third-party real estate servicing provider in Italy ■

OTC DERIVATIVES AND STRUCTURED PRODUCTS

FUND DISTRIBUTION SERVICES

CACEIS in Luxembourg acts as the operational hub for the entire group’s clients’ fund distribution support needs. These services are key to assisting clients who are distributing investments on a cross-border basis, and Luxembourg’s global business outlook makes it the ideal location in which to base such activities. Whether it is support for initial registration or distribution network management, trailer fee calculation and payment or consolidated reporting, the FDS team is able to design bespoke services that are modular and can be adapted to their evolving business needs.

Luxembourg is one of CACEIS’s competence centres for complex product pricing, where teams with expertise in quantitative financial economics and mathematics perform the intricate financial modelling of structured products in the IT systems. CACEIS relies on integrated market leading platforms for its complex OTC derivatives pricing service.

Cyrille Prigent, Head of Operational Line - Banking Services, CACEIS

LaurentMajchrzak , Head of Operational Line - FDS, CACEIS

“For over 10 years, and across more than 35 countries, we have provided customised solutions for domestic and cross-border fund distribution. Today, CACEIS has become a key business partner for asset managers and

“CACEIS is one of Europe’s leading valuation agents for OTC derivatives and structured products. The expertise of our staff, our reliable data sources and powerful IT platforms specifically designed to automate

the valuation and controls process, has led to a true industrialisation of the OTC derivatives pricing function. Structured products do not lend themselves to industrialisation and CACEIS is one of only a handful of providers with the capability to truly understand and effectively price such products.”

distributors seeking an efficient way to take advantage of distribution opportunities both in their home markets and abroad, and grow their business.“