NatWest Trustee and Depositary Services appointed for Beechbrook Capital
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NatWest Trustee and Depositary Services appointed for Beechbrook Capital 22 November 2024UK Reporter: Jack McRae
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NatWest Trustee and Depositary Services has been appointed as the UK depositary for Beechbrook Capital’s latest fund.
The latest fund, UK SME Credit IV, will support company acquisitions, buy-outs, shareholder re-alignments, re-financings and general expansion plans.
Beechbrook Capital is a direct lender that invests in the lower-mid market across a range of industries in the UK and Europe.
Matthew Hiscock, head of alternative funds business development UK at NatWest Trustee and Depositary Services, says: “We never underestimate the importance of making sure existing clients remain strong advocates of our business and it’s extremely pleasing Beechbrook has once again appointed us as their chosen depositary for this latest fund.”
Alan Chu, finance and operations director at Beechbrook Capital, adds: “This marks the second Beechbrook fund that NatWest TDS has supported, and we look forward to continuing to strengthen our partnership.”
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