Fund Management
SGSS Wins Deal With European Private Investment Office
The securities services arm of Societe Generale has inked a deal with a European private investment office to handle cross-border distribution for a Luxembourg-based SICAV.
Societe Generale Securities Services, part of the French banking
group Societe
Generale, has won a contract from Bedrock, the European private
investment office, to provide cross-border distribution services
for the latter’s Luxembourg-domiciled SICAV, a form
of investment company.
Through this mandate, Bedrock obtains support from SGSS’s global
distribution hub in Luxembourg to help market its fund in Europe.
The SICACV is available in four countries in Europe and
represents assets of €230 million ($261 million).
Bedrock has offices in Geneva, London and Monaco. It was
founded in 2004 by Maurice Ephrati, David Joory, Sandy Koifman
and Ariel Arazi. It has a team of about 100 investment
professionals overseeing more than $9 billion of client assets.
Its SICAV was created in 2013.
