Bedell Trust has received approval from the Financial Conduct Authority to provide depositary services to UK alternative investment funds (AIFs) as well as depositary-lite services to non-European economic area AIFs from its London office.

Bedell has also received regulatory approval from the Jersey Financial Services Commission (JFSC) to provide depositary services from its Jersey office to all JFSC regulatory categories of investment funds.

Bedell Trust is now able to provide full depositary services covering cash flow monitoring, safekeeping, and oversight responsibility to unregulated collective investment undertakings - specifically closed-ended AIFs pursuing private equity, real estate, infrastructure, and fund of funds investment strategies.