Source: BNP Paribas Securities Services
BNP Paribas Securities Services ('BNP Paribas'), has signed an agreement with A Plus Finance to act as depo-bank, transfer agent, registrar, custodian and fund administrator.
BNP Paribas was the first choice for A Plus Finance as the Bank has the highest credit rating of any custodian and has the strength of one of the largest banking groups in the world. These factors coupled with its expertise in private equity and breadth of services made BNP Paribas the best solution for its growth ambitions.
Set up in 1998, A Plus Finance is an asset management company specialising in private equity and the management of innovation mutual funds ('FCPI') and local investment funds ('FIP'). It has €230 million of assets under management through 15 funds.