Societe Generale Securities Services (SGSS) chosen by Sofidy for the depositary services of its Alternative Investment Funds (AIF)
SGSS has thus been entrusted with the depositary services of 5 AIFs managed by Sofidy for a total of EUR 3.7 billion in assets under management.
As a subsidiary of Tikehau Capital and a leading independent player in the consumer real estate fund market with EUR 7.6 billion under management, Sofidy is a reference asset manager in the real estate asset management landscape in France and Europe. In 2021, Sofidy launched its new SCPI1 Sofidy Europe Invest, for which SGSS now provides depositary services, as for 4 other AIFs in the Sofidy range.
"SGSS's proven experience in securities services for alternative funds as well as its ability to offer comprehensive and quality services to real estate AIFs were key factors in our decision", comments Jérôme Grumler, Deputy CEO of Sofidy.
"We are delighted with this partnership with one of the biggest players in French and European real estate, which strengthens our position as a major player in securities services for real estate vehicles in France", adds Stéphanie Gaudoux, Head of Sales Continental Europe of SGSS.
Click here to find out more about SGSS’ alternative funds services.
1Societe Civile de Placement en Immobilier