Alpha Real Capital picks SGSS for custody services
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Alpha Real Capital picks SGSS for custody services 31 October 2019London Reporter: Jenna Lomax
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Alpha Real Capital has selected Societe Generale Securities Services (SGSS) to provide custody and depositary services for its new UK Property Authorised Investment Fund.
Alpha Real Capital’s index-linked income fund invests in portfolios of UK ground rent assets to provide a long-term inflation-linked income stream with associated capital growth.
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.
Bertrand Blanchard, head of SGSS 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.”
He added: “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, at Alpha Real Capital, said: “We are very pleased to be working with SGSS at this important juncture in the fund’s development and growth.”
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