SocGen gets LBO France Gestion mandate 13 October 2011Paris Reporter: Anna Reitman
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Societe Generale Securities Services (SGSS) has announced it is selected by LBO France Gestion to provide depositary bank services.
The mandate covers 54 French-domiciled venture capital funds (FCPR).
LBO France Gestion mandated SGSS for its experience as a depositary bank, the quality of its
complete range of back office services and for its capacity to manage the migration of funds efficiently and rapidly. Over 100 non-listed stocks, representing more than 600 positions, were thus migrated in one month, wrote SocGen in a statement.
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