Credit Suisse Fund Services (Luxembourg) S.A., the pan-European fund services hub for the global Asset Servicing business of Credit Suisse, announced today successful completion of the migration of a large Private Equity client.
Private Equity is one of the key pillars for future growth of Credit Suisse's global Asset Servicing unit. Credit Suisse Fund Services (Luxembourg) S.A. took over a large Private Equity client in 2017 from a competitor. At that time, the portfolio comprised a set of more than 60 structures and represented CHF 2.7 bn assets including commitments, and it has grown by CHF 1.0 bn assets including commitments since the migration started.
Daniel Siepmann, CEO of Credit Suisse Fund Services (Luxembourg) S.A., said: "We are pleased to...
|