Independent depositary and fund oversight provider INDOS Financial has announced it has been appointed to provide AIFMD depositary services to Triple Point Energy Efficiency Infrastructure Company plc (the “Company”), an investment trust which was admitted to trading on the Specialist Fund Segment of the London Stock Exchange on 19 October 2020.
The Company will invest in a diversified portfolio of energy efficiency assets in the UK, which have a positive environmental impact and which facilitate the transition to a low carbon economy in accordance with the UK government’s overall environmental targets. The Company’s investments will focus on the core sectors of low carbon heat distribution; social housing retrofit and industrial energy efficiency; and distributed generation.
Commenting on the appointment INDOS Financial CEO, Bill Prew, said “We are delighted to extend our relationship with Triple Point Investment Management by providing AIFMD depositary services to the Company. The appointment marks a new milestone for INDOS, becoming our fifteenth LSE listed client and taking the value of listed funds under our oversight above £2.5 billion”.
Jonathan Parr, Partner and Head of Energy at the Company’s Investment Manager, Triple Point Investment Management LLP, commented “The INDOS team have done an excellent job setting up the depositary services to support our new launch, and we look forward to our continued relationship”.
About INDOS Financial
Founded in 2012, INDOS has grown organically, developing solutions recognised as industry-leading within the fund oversight and depositary service space. As of September 2020, client assets under depositary oversight had grown past $35 billion and a further $10bn which form part of the INDOS AML (Anti-Money Laundering) service clients. INDOS also provides a range of Environmental, Social, Governance (ESG) services for asset managers and their funds.
