CACEIS's London branch is to provide depositary services to alternative investment funds, following the UK regulators granting their approval. 

With this approval, CACEIS will be able to directly support existing UK clients in their home market.

The CACEIS group will be able to provide a full range of depositary and custody services to alternative investment fund managers operating in the UK market. 

“We focus on assisting UK-based alternative clients in meeting AIFM directive’s local depositary requirements, and are now in a position to offer our full range of fund administration and middle-office services to those clients," said CEO of the London branch, Clara Dunne.

Going forward the firm plans to build a fully-fledged asset servicing solution for international fund manager clients with UK-domiciled mutual funds.

“Our London branch adds to the group’s already extensive depositary network in Europe," said  François Marion, CEO of CACEIS. "With our extensive AIF experience, we aim to become a key service provider for the UK alternative investment community.”