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Alter Domus, a leading international provider of fund and corporate services for alternative investment funds and multinational corporations, is proud to announce that it has been authorised by the UK Financial Conduct Authority (FCA) to act as a depositary. Alter Domus has launched a depositary service to support the alternative investments industry in meeting the new requirement for funds captured under the AIFM Directive to appoint an independent depositary.
Alter Domus will provide full depositary services to private equity and real estate clients, including those investing in infrastructure and debt. The role of a depositary compliant with the AIFMD requirements can be summarised in three main duties: safekeeping of assets, cash flow monitoring and other oversight...
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