Van Lanschot Kempen chooses BNP Paribas Securities Services as strategic partner
20 oktober 2021
BNP Paribas Securities Services today announces that it has signed a strategic partnership with Van Lanschot Kempen (VLK), including two new mandates representing EUR 16 billion in assets.
VLK is a specialist independent wealth manager dedicated to preserving and creating wealth, in a sustainable manner, for its clients and society. It is one of the Netherlands’ oldest private financial institutions.
As part of this partnership, BNP Paribas Securities Services will provide Kempen Capital Management, the innovative asset manager of VLK, with global custody, depositary bank, fund accounting, regulatory reporting, collateral management and FX services. The mandate, which covers fund ranges in Luxembourg and the Netherlands, represents EUR 6 billion in assets.
BNP Paribas Securities Services’ specialist services dedicated to private capital investments was a key decisive factor in winning this mandate.
In addition, VLK consolidated a range of services with BNP Paribas Securities Services across its wealth management and brokerage activities. This includes global custody, local custody and clearing services for cash equities and exchange traded derivatives. The mandate represents EUR 10 billion in assets.
Source: BNP Paribas Securities Services
