Twenty First Capital Chooses Caceis As Asset Servicing Partner

  • 19.06.2015 01:00 am

Asset Management company, Twenty First Capital has selected CACEIS as the Asset Servicing partner for its first Luxembourg UCITS fund, TFC TACTICAL Long/Short Fund, launched on the 22nd of May.

CACEIS provides Twenty First Capital with depositary services, fund administration, transfer agency as well as listed derivative and cash equity execution and clearing services.

Twenty First Capital, an independent management company with multiple areas of expertise, regulated by the AMF, was founded three years ago. In the midst of a growth phase with assets under management of over €600 million at the end of 2014 in the fixed-income, equity and emerging markets, the company now has an alternative investment offering following the launch of its Tactical Long/Short fund managed by Gonzague Del Sarte.

Stanislas Bernard, CEO of Twenty First Capital, stated: "We were looking for a first-rate service provider to support the launch and international distribution of our first Luxembourg UCITS investment vehicle. We were convinced by CACEIS's vast experience in European markets and its comprehensive range of services for investment funds."

Joseph Saliba, Deputy Chief Executive Officer in charge of business development at CACEIS, added: "CACEIS has developed derivative execution and clearing services, thereby enhancing its offering for fund managers working within the framework of the UCITS IV or AIFM directives. Twenty First Capital will have access to our expertise on the full range of services for Luxembourg funds managed by French asset management companies".

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