SGG Group

SGG Group

July 17, 2014 02:00 ET

SGG Luxembourg Licensed as a Professional Depositary of Alternative Assets Under AIFMD

LUXEMBOURG, LUXEMBOURG--(Marketwired - July 17, 2014) - The Management Committee of SGG Group is proud to inform you that SGG Luxembourg has successfully obtained its depositary license.

The granting of this license reflects not only our commitment to offer the widest range of services to our clients, but also our inherent ability to adapt to shifting market regulations.

This new service line is a natural evolution for our Group as it completes our alternative investment funds' offering comprised of corporate administration, global accounting & consolidation and fund administration services.

As a professional depositary, SGG Luxembourg will complement and leverage the long standing depositary and custody services already provided by SGG Netherlands.

"Next to expanding our global accounting network, we are thrilled to provide depositary services and further support our private equity and real estate clients in coping with their depositary requirements. Several clients have already agreed to trust us as they rely on our Group commitment to act as the most responsive experts in a tailored, yet global and cost-efficient environment", explained Stéphane Haot, Group Chief Commercial Officer.

"We have a senior team available to deliver such service in a refreshing way, by drawing on their long term experience in that field", continued Maria Chiapolino, Depositary Services Leader.

About SGG Group

SGG Group is a leading multi-jurisdictional provider of financial services with a heritage dating back more than a century, in Europe and beyond. We specialize in servicing real estate, private equity, infrastructure, debt and other traditional and alternative investment structures, as well as providing solutions for corporate clients and private clients.

Please visit our new website www.sgggroup.com.

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