After consulting with a number of market players, the CAVP (French Pharmacists’ PensionFund) has selected CACEIS to act as depositary, custodian and valuation agent for its range offunds and financial investments. CACEIS will also be in charge with providing middle office andlook-through services.
CFO of the CAVP Alain Pestre stated, “We were convinced by the expertise of CACEIS staffand the flexibility of their solutions. By centralising all of our assets with CACEIS, a leader inasset servicing, we can advance the optimisation of our business processes.”Philippe Bigeard, in charge of institutional clients at CACEIS in France, added, “We are verypleased that our long-time partner, the CAVP, has chosen to retain us as their sole serviceprovider, as it is proof of their trust in us. With our broad range of solutions, we at CACEISenable our clients to focus on their core business.”