AIF is a BSEC regulated privately pooled investment vehicle which collects funds from sophisticated investors, Local or Foreign, for investing it in accordance with a defined Investment policy for the benefit of its investors. Trustee and Custodial Services Bangladesh Limited (TCSBDLTD) provides Trustee services to AIFs and our offerings include:-
- Executing and Registering Indenture of Trust
- Facilitating AIF registration with BSEC
- Executing Investment Management Agreement and vetting private placement memorandum
- Vetting and executing Contribution Agreement (amongst Investment manager, investors & Trustee)
- Overseeing functioning of the Trust including appointment of Auditors, attending to investors' grievances, signing of financials, filing IT return etc.
- Ensuring regulatory compliances - BSEC, reporting to other related regulatory authorities