BNP Paribas Securities Services has been mandated by Teslin Capital Management to provide investment and fund administration, depotbank and global custody services for its EUR1.2bn (USD1.2bn) of global assets. Teslin Capital Management is a long-term investor focused on small and midcaps in The Netherlands and other European capital markets.
Koos van der Helm, manager finance, operations & risk at Teslin Capital Management, said: “We were impressed with BNP Paribas’ capabilities and solutions and their ability to meet our specific needs and requirements for the benefit of our clients. We are very much looking forward to a long-term relationship between our organisations.”