Thompson Taraz has great pleasure in announcing that the FCA has approved its application to act as an AIFMD depositary of closed ended, unauthorised private equity and real estate funds. This allows Thompson Taraz to offer its fund manager clients the certainty of appointing an authorised PE AIF Depositary ahead of the end of the transitional year on 22 July, 2014.
Martin Heffernan, Director of Thompson Taraz, said: "We have spent the best part of a year preparing to provide both AIF manager and depositary services to the UK's alternative investment fund community. Now that we have achieved that, we want to thank everyone that has helped us along the way, especially those working within the FCA's Permissions Department."
Thompson Taraz is one of a small number of firms that have had their depositary applications approved by the FCA under the new rules implementing AIFMD. This follows the FCA's authorisation of another Thompson Taraz business as a Small UK AIF Manager. (See TT News, 01 April, 2014.)
For a full listing of Thompson Taraz's regulatory permissions, see the FCA register at http//www.fca.gov.uk/register and for more information on Thompson Taraz's depositary offering, please contact Martin Heffernan on 020 7907 8777.