BNP Paribas Securities Services chosen by Teslin Capital Management to manage depot bank and custody services for its global assets
BNP Paribas Securities Services, a leading global custodian with EUR 11.9 trillion in assets under custody, has been mandated by Teslin Capital Management to provide tailored investment and fund administration, depot bank and global custody services for its EUR 1.2 billion global assets.
Teslin Capital Management, a long-term investor focused on small and midcaps in The Netherlands and other European capital markets, will benefit from BNP Paribas Securities Services’ tailor-made solutions, extensive network and dedicated local client support team.
Mark Schilstra, Country Head at BNP Paribas Securities Services in The Netherlands and The Nordics, said: “We are delighted that Teslin Capital Management have chosen us as their new asset services provider in the Dutch market. This mandate win highlights our strong position in the Netherlands and ability to offer front-to-back solutions tailored to our clients’ needs.”
Koos van der Helm, Manager Finance, Operations & Risk at Teslin Capital Management, said: “We were impressed with BNP Paribas’s 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.”
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