CACEIS to be global asset services to Silver Time
12 September 2014 Luxembourg
![Generic business image for news article](https://www.assetservicingtimes.com/assetservicesnews/images/FridaySeptember1220141410511052.jpg)
CACEIS has been made global asset servicing partner for Silver Time Partner’s first Luxembourg UCITS SICAV, Silver Time Loq Equity SICAV.
Launched on 5 September, CACEIS will provide a wide range of services, including custodian and depositary functions, fund administration, foreign exchange, transfer agency and will act as domiciliary agent for the SICAV.
Based in Paris, Silver Time Partners obtained a ‘management company’ passport from the AMF under the terms of the UCITS IV directive in June 2014.
Olivier Nobile, CEO of Silver Time Partners, said: “We have selected CACEIS as a partner to support the launch and international distribution of our first UCITS investment vehicle because of its vast experience of European markets.”
“Its comprehensive service offering, from execution to custodian services, meets all our operational needs perfectly. Entrusting our business to a first-rate service provider is a hallmark of quality and of security for our investors.”
Joseph Saliba, deputy CEO in charge of business development at CACEIS, said: “With a strong presence in Europe, and particularly France and Luxembourg, CACEIS has recently enhanced its service offering for fund managers working within the framework of the UCITS IV or Alternative Investment Fund Manager directives by developing its derivatives execution and clearing services.”
“We are happy to provide support to Silver Time Partners, a management company with strong growth potential, throughout the lifecycle of its investment products.”
Launched on 5 September, CACEIS will provide a wide range of services, including custodian and depositary functions, fund administration, foreign exchange, transfer agency and will act as domiciliary agent for the SICAV.
Based in Paris, Silver Time Partners obtained a ‘management company’ passport from the AMF under the terms of the UCITS IV directive in June 2014.
Olivier Nobile, CEO of Silver Time Partners, said: “We have selected CACEIS as a partner to support the launch and international distribution of our first UCITS investment vehicle because of its vast experience of European markets.”
“Its comprehensive service offering, from execution to custodian services, meets all our operational needs perfectly. Entrusting our business to a first-rate service provider is a hallmark of quality and of security for our investors.”
Joseph Saliba, deputy CEO in charge of business development at CACEIS, said: “With a strong presence in Europe, and particularly France and Luxembourg, CACEIS has recently enhanced its service offering for fund managers working within the framework of the UCITS IV or Alternative Investment Fund Manager directives by developing its derivatives execution and clearing services.”
“We are happy to provide support to Silver Time Partners, a management company with strong growth potential, throughout the lifecycle of its investment products.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
![Advertisement](../images/bull-252524.png)