Published on 4th April 2022
Relationship supports market leading and innovative real asset solutions
NatWest Trustee and Depositary Services (NWTDS) is delighted to continue its partnership with Alpha after successfully being mandated to provide depositary services to its Long Income Funds range, which includes a £2.1bn Index Linked Income Fund which invests in portfolios of UK ground rent assets to provide a long-term secure and predictable inflation-linked income stream with associated capital growth.
Alpha Real Capital LLP (‘Alpha’) is a specialist real assets investment manager focused on secure income strategies, investing in UK and European assets with predictable secure long term cash flows. The firm provides market leading and innovative real asset solutions across a range of investments such as commercial ground rents, UK renewable infrastructure, social real estate and secured lending, combining operational real estate expertise and fixed income skills.
Under the terms of its partnership with Alpha Real Capital, NWTDS will act as the depositary for over £3bn in asset value across its fund range.
Luke Speakman, Relationship Director, NWTDS, commented; “We are delighted that Alpha has appointed NWTDS to provide depositary services to its flagship fund. This new mandate is testament to the ongoing service we already deliver to other key Alpha managed funds and Alpha’s trust in NWTDS as a commitment partner. We look forward to continuing our long term relationship with Alpha and to providing our expertise on behalf of the fund’s investors”
Mark Rattigan, Chief Operating Officer of Alpha Real Capital LLP, commented; “We are delighted that NWTDS, a strong credit institution with the regulatory permission to act as a depositary, is partnering with us for our Index Linked Income Fund, and this mandate will expand the relationship. We have been very pleased with the high level of service NWTDS has provided over many years for our other managed funds, ensuring robust safekeeping of assets and responsible oversight duties for the benefit of all our stakeholders
About NatWest Trustee and Depositary Services
NatWest Trustee and Depositary Services provides independent trustee and depositary services in the UK and Luxembourg (through separate legal entities), operating in both the traditional (UCITS) and alternative funds markets. Established over 80 years ago, with £460billion in assets under trusteeship, we have the capacity, knowledge and experience to support a full range of fund types, sizes and levels of complexity.