TCS Depositary is depositary of alternative investment funds. The objective of this role is to protect investors against criminal actions and abuse by fundmanagers. Those managers who have total commitments in their funds exceeding € 500 million (pure equity) respectively € 100 million (leveraged) must appoint a depositary. Those players managing smaller amounts are not held to this requirement, but sometimes voluntarily opt for a depositary to provide additional comfort to investors.
TCS Depositary is strictly separated from TCS Fund Services. Systems are not mutually accessible, these units use different premises and staffmembers cannot work on both sides regarding the same client.
See for the remuneration policy our compliance page