Published on 20th May 2021
RBS International has appointed Philip Prideaux as Director to drive the bank’s Luxembourg funds banking offering.
Previously an Associate Director on the UK private equity team, Philip’s role will be London-based and primarily supporting the requirements of local managers and advisors of Luxembourg funds, with a focus on delivering Fund Financing solutions, including subscription finance, NAV, and GP facilities.
RBS International supports over 200 alternative investment funds in Luxembourg with their fund financing, cash management, currency risk management, and depositary needs.
Ian Harcourt, Country Head & Head of Institutional Banking, RBS International Luxembourg, said “I am delighted that Philip has joined the team at a time when we have such exciting and extensive ambitions for providing fund finance and wider liquidity solutions to the Luxembourg funds market. We are dedicated to exponentially growing and deepening our financial support to this key market and Philip brings a wealth of experience and drive which should help us achieve these ambitions in the coming year. Alongside our investment in attracting highly skilled colleagues, we are continuing to invest in our digital platform which will be of significant benefit to all our customers and strategic partners”.
About RBS International Institutional Banking
We specialise in helping institutional clients look after their money and manage risk. This includes transactional banking, fund financing, depositary services, and liquidity and risk management. We’re based in Jersey, Guernsey, London, Luxembourg, Gibraltar and the Isle of Man so our clients get personal, tailored support from a local expert. And our multi-currency online banking platform, eQ, lets them move and manage money the same way they do their personal banking.
Our clients include alternative investment fund managers, asset managers, fund administrators and corporate service providers. With our culture of restless innovation, we work to make banking easy. We’re focused on delivering all the services our clients need, where and when they need them.