SGSS Wins Deal With European Private Investment Office

Tom Burroughes

9 June 2016

Societe Generale Securities Services, part of the French banking group , 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.