Luxembourg
The Trustee and Depositary Bank Controller PERE is a role within the supervisory team of the Depositary Bank in charge of controlling Private Equity, Real Estate funds with the aim to monitor and protect fund assets. • 2nd level controls of the Central Admin, Transfer Agent and Custody/Middle Office for PE/RE activity • Investment restrictions compliance control • Circular 02/77 - breach reporting to CSSF • Valuation control of AIF funds; Cash Flow monitoring • Support the reconciliation of fund cash and assets between the depositary and third parties • Ensure that all fund activities and policies are all times compliant with CSSF regulation • Perform regulatory eligibility analysis of new financial instruments acquired by the investment funds
Valuation control of plain vanilla instruments and derivative instruments Price chasing for private equity/real estate funds Fund prospectus analysis, identifying key dealing rules, regularly communicating with the Transfer Agents Creating in the system classic and exotic investment instruments; follow-up on the fund events