20 March 2015 - Darwin Depositary Services B.V. is pleased to announce that it received approval from the Authority for the Financial Markets in the Netherlands to act as AIFMD depositary for alternative investment funds investing in real estate. Darwin Depositary Services (‘DDS’) is an independent AIFMD depositary and has received approval from the Authority for the Financial Markets (‘AFM’) to act as AIFMD depositary for alternative investment funds investing in real estate. DDS is based in Amsterdam and has its focus on rendering depositary services to alternative investment funds. Since July 2014 DDS has been active as AIFMD depositary for investment funds investing in financial instruments, including hedge funds. From now on, DDS is also able to perform the AIFMD depositary duties for real estate funds and holds as AIFMD depositary a unique position in the Netherlands. DDS has no cross selling objectives and is not related to a bank or other financial services provider. Its independent position is deliberately chosen to avoid any potential conflict of interest and to act solely in the interest of the fund and its investors. Due to the European Alternative Investment Fund Managers Directive (AIFMD) introduced in 2011, each investment fund operating in the EU (exceeding certain thresholds and subject to grandfathering rules) is required to appoint a depositary responsible for the safeguarding of the assets, monitoring of the cash flows and certain oversight duties. The approval by the AFM was granted due to the launch of a new investment fund, B&S Vastgoed XVIII CV, managed by Van Boom & Slettenhaar Fondsmanagement B.V., a regulated investment manager based in Laren, the Netherlands. Darwin Depositary Services B.V. Barbara Strozzilaan 101 1083 HN Amsterdam Tel. +31 (0)20 240 2576 Email: [email protected] www.darwindepositary.com Contact: Frank Hand Peter van Schaik
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