23JUL19: U.S. Bank has been appointed as depositary services provider for the Leadenhall UCITS ILS Fund PLC. In this role, U.S. Bank will provide asset safekeeping, fiduciary oversight and cash monitoring to Leadenhall Capital Partners LLP. Through its global fund services business, U.S. Bank will also act as the principal administrator of fund accounting, financial reporting and investor services for Leadenhall products.
Leadenhall currently has more than >USD5.5bn AuM, having been launched in 2009 with investment from parent insurance company, Amlin. The firm primarily invests in insurance-linked products for institutional investors.