Client Portal Search English 中文 Home Services Locations Careers About Contact Intertrust Luxembourg licensed as AIFMD depositary for non-financial assets 15 July 2014 - Group Holding In July 2013, the Alternative Investment Fund Manager’s Directive (AIFMD) has been transposed into national law across the European Union, its aim being to offer regulatory protection to investors in AIFs. One specific requirement of this directive for Alternative Investment Fund Managers (AIFMs) is the need to appoint an independent depositary for each AIF they manage. Intertrust was the first appointed AIFMD depositary in The Netherlands and is now also licensed to act as a depositary in Luxembourg. The depositary’s principal duties are cash flow monitoring, asset verification and safekeeping, along with various monitoring, checking and oversight tasks to identify and alert investors and regulators to non-compliant transactions with adverse investor impact. As depositary, Intertrust safeguards non-financial assets for the benefit of the investors in Alternative Investment Funds. “We are proud to be one of the first professionals in Luxembourg’s financial sector that obtained this new license. It underlines our depositary capabilities, which were developed as a response to the announcement of Alternative Investment Fund Manager’s Directive (AIFMD).” said Johan Dejans, Managing Director Intertrust Luxembourg. “From our Luxembourg office, we have been offering administrative and accounting services to regulated and unregulated Private Equity and Real Estate Funds for many years now. This enabled us to gain extensive experience in depositary roles and financial administration, to the benefit of our clients. And that’s exactly why clients choose Intertrust: they work with dedicated professionals who provide reliable and high quality depositary services.” To learn more about the Intertrust AIFM depositary services please visit www.intertrustgroup.com or contact: Intertrust Luxembourg: Harald Thul +352 26 449 369 harald.thul@intertrustgroup.com Georges Scheuer +352 26 449 531 georges.scheuer@intertrustgroup.com Intertrust Netherlands: Kit Coremans +31 20 521 4885 kit.coremans@intertrustgroup.com About Intertrust Group Intertrust operates with more than 1,500 professionals from 33 offices in 24 countries and provides high quality trust and corporate services to multinational corporations, financial institutions, alternative investment funds and entrepreneurs from every corner of the world. Intertrust focuses on delivering the highest quality service to all its clients and business partners, while taking a personal approach and long-term perspective on building relationships, being responsive and continuously supporting clients’ individual needs, as it has been doing for over 60 years. See all news releases Setting the standard since 1952 Sitemap Disclaimer Privacy © 2014 Intertrust Group B.V. The website of Intertrust uses cookies. For more information please see our privacy statement. Close ×