Société Générale Securities Services in France has been mandated by Fidelity International to provide securities lending services. The asset management company, FIL Gestion – Fidelity International, has been a client since 2011. Fidelity International is an independent company providing investment solutions and services, as well as retirement-related expertise, to more than 2.5 million clients worldwide.…
Category: SGSS
Conor O’Brien joins Crestbridge
Crestbridge, the C.I.-based administrator, has appointed Conor O’Brien as head of accounting and transfer agency for Ireland. He joins from SGSS.
SGSS appoints co-heads to replace Christophe Baurand
After more than six years in the job, Christophe Baurand has stepped down from his role at Société Générale Securities Services as head of coverage, marketing and solutions. SGSS has appointed co-heads to replace him: Alexandra Chauvel and Gildas Le Treut. Based in Paris, they will join the SGSS executive committee, reporting to David Abitbol,…
SGSS to act as depositary for new fund from SWEN
SWEN Capital Partners, a France-based provider of unlisted sustainable investment solutions, has launched its second European impact fund, Blue Ocean. The fund aims to raise EUR120m (USD143m). SGSS has been appointed as the fund’s depositary.
Andy Duffin joins J.P. Morgan to run EMEA network management
J.P. Morgan has hired Andy Duffin to run network management for EMEA. Duffin, who spent nearly 12 years at SGSS, was most recently business development director at BNY Mellon’s Pershing business in the UK.
Sarj Panesar joins Sanne to head UK business development
Sanne, the UK-listed alternative asset administrator, has appointed Sarbjit (Sarj) Panesar as head of UK business development. Based in Sanne’s London office, Panesar joins from Société Générale Securities Services, where he was most recently in charge of business development for the asset management and insurance sectors.
Clessidra appoints SGSS as depositary for new PE fund
SGSS has been appointed by Clessidra Private Equity SGR, an Italian private equity fund manager, to provide depositary bank services for its new reserved closed-end alternative investment fund, Clessidra Capital Partners 4.
Banque de France completes digital currency test
In partnership with the European Investment Bank and Société Générale – FORGE, Banque de France has completed an experiment on the use of a central bank digital currency (CBDC) for settling digital bonds issued by the EIB through blockchain. The experiment consisted of the subscription to EIB-issued digital bonds by investors, for a total amount…
Italy’s Ambienta appoints SGSS as depositary bank for PE funds
Société Générale Securities Services in Italy has been mandated as depositary bank by Ambienta SGR, an ESG-focused manager headquartered in Milan, for its private equity funds.
SGSS rationalises UK fund servicing operations
Société Générale Securities Services has confirmed that it will no longer offer fund administration services to UK-domiciled funds. SGSS will continue to service offshore-domiciled funds of UK managers through its operations in Ireland and Luxembourg.