Societe Generale Securities Services in Luxembourg mandated by Swiss Life Asset Managers
Societe Generale Securities Services (SGSS) Luxembourg has been appointed as Custodian, Depositary Bank, Fund Administrator, Transfer Agent and Local Representative Agent by Swiss Life Asset Managers in the context of the launch of their first ELTIF 2.0 (European Long Term Investment Fund) structure: Swiss Life Funds (LUX) Privado infrastructure S.A., SICAV-ELTIF.
Swiss Life Asset Managers, leader in the investment management industry with locations across Europe, offers a wide range of investment solutions in real estate, infrastructure and securities to support their clients in achieving their long-term investment objectives.
The European vehicle ELTIF was launched in 2015. In 2023, a new and revised ELTIF 2.0 version was designed to facilitate retail investor access to this kind of vehicle.
On January 10th 2024, the new ELTIF 2.0 came into application in Luxembourg. Seizing the opportunity to expand their offer and become early adopters on the market, Swiss Life Asset Managers decided to launch their first ELTIF 2.0 in Luxembourg with SGSS and is amongst the first asset managers to provide this product to European investors.
SGSS has fostered a long-term partnership with Swiss Life Asset Managers which led to the appointment of SGSS for the launch of Swiss Life Asset Managers’ first ELTIF.