ACOFI Gestion has appointed CACEIS as the depositary, registrar and settlement bank for two securitisation funds. The mandate covers LF PREDIREC IMMO IV and PREDIREC INNOVATION 2020. The former invests in the financing of real estate assets and the latter is dedicated to the financing of R&D programmes at SMEs and small mid-cap companies eligible for research tax credits.
Thibault de Saint Priest, chairman and general manager of ACOFI Gestion, said CACEIS was chosen for its comprehensive and proven expertise in providing services to funds for direct lending to the economy, be they granular or simple. “We were impressed by CACEIS’s responsiveness and flexibility as well as its ability to meet our requests and the high level of service we demand for our investor clients,” he said. “On this basis, we are drawing on all the strengths of CACEIS to support us in growing our business.”
ACOFI Gestion specialises in direct lending to the economy on behalf of large investors and institutional investors. CACEIS has developed a business line entirely dedicated to real estate, private equity and securitisation funds in order to provide support for their investment strategies.