Depository

Eurivex is authorised by CySEC to act as Depository for Alternative Investment Funds (AIFs) licensed by CySEC or Registered AIFs (RAIFs) that have been setup by licensed AIFMs.

Eurivex has developed a dedicated depositary service with flexible connectivity solutions, enabling our clients to benefit from professional and effective risk assessment and control procedures.

Our focus is on ensuring investor protection and on providing professional and effective services that facilitate regulatory compliance for our clients.

The main aspects of our depository services are:

  • Regulations
  • Risk Assessment
  • Control Procedures
  • Investor protection
  • Cash monitoring

Eurivex offers its customers a flexible solution allowing Alternative Investment Funds (AIFs) to focus on their core business.

The service facilitates compliance with Fund regulatory obligations and requirements.

Our Depository service is ideal for AIF/RAIFs with the following investment strategies:

  • Private Equity
  • Real Estate
  • Financial Instruments

We offer a range of services for both complex and non-complex funds, including:

  • Provision of clients’ bank account for subscription of investor funds, processing of payments for investment activities and other transactions related to investment activities;
  • Cash monitoring of AIF funds, including bank accounts of the AIF that are held outside of Cyprus with reputable banks;
  • Due diligence on third-party service providers to the AIFs;
  • Safe-keeping, record keeping and verification of all assets that are not eligible for custody;
  • Verification of investment decisions to ensure the funds operate in line with their stated business objectives, investment strategy and constitutional documents;
  • Monitoring of Net Asset Value calculations;
  • Monitoring and verification of subscriptions, redemptions, leverage and in general look-through principles where applicable.
  • Transactions involving the Fund’s assets
  • Transactions involving the Fund’s income.

We also hold accounts with reputable investment firms in the EU offering trading in financial instruments, including the offering of trading platforms, which is ideal for AIFs that wish to engage in derivatives trading while at the same time also meet the regulatory requirement of maintaining a local Cyprus based Depository.

Disclaimer & Regulatory information
Eurivex Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), License number 114/10. Company Reg. HE 255430. Headquartered and based in Cyprus, member of EU.

Risk warning: Investing in financial instruments and other derivatives involves a high degree of risk and may not be suitable to all investors. Trading in such financial instruments can result in both an increase and decrease in capital. If you invest through Eurivex Ltd, the value of investments may go down and your capital will be at risk. Eurivex Ltd operates a secondary market but there is no guarantee that all buy/sell orders will be completed at the desired prices and there is a risk that an order may not be completed in the Eurivex secondary market if there is no matching order. There is no guarantee that you will be able to exit early by selling your investment. Eurivex Ltd does not provide investment, tax or legal advice. If you are unsure about the suitability of an investment, you should speak to a financial adviser. Please refer to our Risk Warning available on our web site for further information.