fdic

FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Comprehensive services for your European fund administration needs

Depositary services

In combination with our affiliate, U.S. Bank Depositary Services (Ireland), we provide depositary solutions for the regulated Irish market, including UCITS, QIAIFs, RIAIFs and other alternative funds.

  • As a full-service depositary provider, we help guide you through your options and monitor all complexities when it comes to navigating regulations
  • We’re committed to supporting all your depositary needs with state-of-the-art technology and global resources, working closely with you to determine your product’s specific requirements

Fund administration

We’re committed to delivering accurate, timely net asset values to support the full range of your European investment fund strategies.

  • Daily reconciliation of trades, positions and cash to prime brokers or counterparties
  • Daily corporate actions processing
  • Expense and performance fee calculation and review
  • Independent price valuation and validation
  • Secure electronic NAV reporting with granular portfolio P&L attribution

Investor services

As the key link between a fund and its investor base, we offer intelligent solutions to help your shareholders stay updated and informed.

  • Assisting investors with application form completion
  • Handling initial queries to invest
  • Taking responsibility for anti-money laundering (AML) requirements
  • Assisting with the investment and payment process
  • Supporting your tax and audit needs

Additional services

  • Conversion and launch
  • Middle office services
  • Technology

From our leaders

“Regardless of the asset class, strategy or investment structure, we have the expertise and technology to deliver customized solutions to fit your specific needs.”

 

Linda Gorman
Head of Alternative Investments, Europe
U.S. Bank Global Fund Services

What are the advantages to working with a global administrator?

Our global resources allow us to support your depositary needs with comprehensive service offerings and state-of-the-art technology. This enables us to determine your product’s specific requirements and provide the right selection of services to give you an added advantage.

Strategies and insights from U.S. Bank Financial IQ

Middle-market direct lending: Obstacles and opportunities

Direct lending to middle-market borrowers presents a variety of challenges. Here’s how partnering with an all-in-one provider can help you overcome many of them.

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Depositary services: A brief overview

We interviewed two of our depositary experts to explain more about the benefits of a depositary and what to look for when selecting one.

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The future of hedge fund operations

Between regulations, technology, Brexit and other factors, it’s obvious the investment environment is changing – but how it’s changing remains less clear.

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Awards and accolades

2019 Best Administrator, Single Manager Under $300 Billion

HFMWeek European Hedge Fund Services Awards

2019 Best Administrator, Overall

Alt Credit Intelligence U.S. Service Awards

Fund administration services from U.S. Bank

Alternative investments | Exchange-traded products | Mutual fund services | European fund administration | Investment advisor services

Get in touch

Contact an expert
Call 201-815-0219
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Disclosures

Investment and insurance products and services including annuities are:
Not a deposit • Not FDIC insured • May lose value • Not bank guaranteed • Not insured by any federal government agency.

U.S. Bank does not guarantee products, services or performance of its affiliates and third-party providers.

U.S. Bank Global Fund Services is not a chartered bank, trust company or depository institution and is not authorized to accept deposits or trust accounts. U.S. Bank Global Fund Services is a wholly owned subsidiary of U.S. Bank, N. A. Custody, lending, treasury and banking services are offered by U.S. Bank, N.A.

U.S. Bank’s Securities Lending Program is administered by U.S. Bancorp Asset Management, Inc. U.S. Bancorp Asset Management, Inc. is a registered investment advisor and subsidiary of U.S. Bank National Association. U.S. Bank National Association is a separate entity and wholly owned subsidiary of U.S. Bancorp and does not guarantee the products, services or performance of U.S. Bancorp Asset Management, Inc.

U.S. Bank Global Fund Services (Ireland) Limited is registered in Ireland, Company Number 413707. Registered Office at 24 - 26 City Quay, Dublin 2, Ireland. Directors: Eimear Cowhey, Ken Somerville, Brett Meili (USA), James Hutterer (USA), Hosni Shadid (USA). U.S. Bank Global Fund Services (Ireland) Limited is regulated by the Central Bank of Ireland.

U.S. Bank Global Fund Services (Guernsey) Limited is licensed under the Protection of Investors (Bailiwick of Guernsey) Law, 2020, as amended, by the Guernsey Financial Services Commission to conduct controlled investment business in the Bailiwick of Guernsey.

U.S. Bank Global Fund Services (Luxembourg) S.a.r.l. is registered in Luxembourg with RCS number B238278 and Registered Office: Floor 3, K2 Ballade, 4, rue Albert Borschette, L-1246 Luxembourg. U.S. Bank Global Fund Services (Luxembourg) S.a.r.l. is authorised and regulated by the Commission de Surveillance du Secteur Financier.

Elavon Financial Services DAC Luxembourg Branch (trading as U.S. Bank Depositary Services Luxembourg) is registered in Luxembourg with RCS number B244276 and Registered Office: Floor 3, K2 Ballade, 4, rue Albert Borschette, L-1246 Luxembourg, regulated and authorised by the Central Bank of Ireland (CBI) as well as by the Commission de Surveillance du Secteur Financier (CSSF). Details about the extent of our authorisation and regulation by the CBI and the CSSF are available from us on request.

Elavon Financial Services DAC, trading as U.S. Bank Depositary Services, is regulated by the Central Bank of Ireland and is registered in Ireland with the Companies Registration Office Reg. No. 418442. The registered office is Block F1, Cherrywood Business Park, Loughlinstown, Dublin 18, Ireland D18 W2X7.