Alter Domus, a Luxembourg-based provider of fund and corporate services, has set up a dedicated fund administration entity in France.
Laurent Vanderweyen, CEO of Alter Domus, said: "France is a critical market with huge potential for Alter Domus to extend its offer to our clients, building on the success of our current platforms in the Channel Islands and Luxembourg.
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"The establishment of such operations is fully in line with our firm’s strategy to vertically integrate our value proposition and allow our clients access to local services and expertise," Vanderweyen added.
Alter Domus presently has 28 offices and desks across four continents. It employs more than 600 professionals who daily provide fund administration services, corporate administration, accounting, consolidation, tax and legal compliance services, as well as debt services.
Alter Domus claims that its serves 11 out of the 20 largest private equity houses and 12 out of the 30 largest real estate firms in the world.
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