New Luxembourg AIFMD Depositary Services - May 2017
Trident Trust has received authorisation from the Luxembourg Ministry of Finance to act as a depositary to private equity, real estate, infrastructure and debt funds in accordance with the Alternative Investment Fund Managers Directive (AIFMD). As a depositary, Trident Trust safeguards non-financial assets for the benefit of the investors in Alternative Investment Funds (AIFs).
One of the key requirements of AIFMD is that an AIFM must appoint an authorised single independent depositary for each EU AIF it manages (including private equity type funds). The depositary must have its registered office or branch in the EU AIF’s home member state.