CACEIS selected to provide cross-border services to TRIUVA

09/14/2017

Frankfurt-based TRIUVA Kapitalverwaltungsgesellschaft mbH is a leading manager of structured real estate products for institutional investors in Germany with assets under management of around €10bn. Recently, TRIUVA took the decision to extend its existing partnership with CACEIS. For its international business needs, CACEIS in Luxembourg now provides depository services for the real estate funds of TRIUVA’s Luxembourg-based fund management entity. CACEIS also provides transfer agency services and handles the passive accounting needs. The funds were successfully migrated in the second quarter of 2017.

Amos Schelling, Managing Director of TRIUVA Luxembourg S.à r.l., commented on the decision, “Our objective was to rationalise fund administration, accounting and transfer agency service providers. CACEIS is able to meet all our servicing needs through the various jurisdictions where we operate, so the decision to extend an already strong partnership was a logical step. The close professional relationship we enjoy with CACEIS in Germany makes us confident that we have selected the best partner to handle our cross-border business needs.

Holger Sepp, Member of the Management Board of CACEIS in Germany and responsible for German and Austrian clients, added:  ”As the leading independent service provider for real estate funds in Germany, we are very proud that our reputation for expertise in the field and the flexibility of our services has enabled us to attract yet another fast-expanding fund management group. Our domestic presence is a key attribute for clients headquartered in Germany, and our international network is essential to supporting clients’ cross-border business objectives.