Key Takeaways
- • Societe Generale Securities Services (SGSS) has been appointed depositary for Kryalos SGR's Italian real estate funds, according to Global Custodian, as reported on October 27, 2026.
- • The mandate expands an existing relationship between SGSS and the Italian asset manager, which continues to manage real estate funds for institutional investors.
- • The appointment is a depositary role, a regulatory-mandated oversight function for Italian alternative investment funds, reinforcing SGSS's custody and oversight franchise with Kryalos.
Summary
Societe Generale has been appointed depositary for Kryalos SGR's Italian real estate funds, according to a report by Global Custodian published October 27, 2026. The mandate expands the existing relationship between Societe Generale Securities Services (SGSS), the group's custody and fund services arm, and the Italian asset manager.
Kryalos SGR continues to manage real estate funds serving institutional investors. Under Italian fund rules, a depositary performs safekeeping of fund assets and oversight of the manager's compliance with fund regulations, making the appointment a meaningful expansion of SGSS's role in the vehicles.
The primary source does not disclose the number of funds covered, the assets under management, or the fee arrangements. Readers seeking those details should consult the manager's filings or a direct statement from the parties.
The development illustrates continued consolidation of depositary and custody business around established global custodians as managers of Italian real estate vehicles seek institutional-grade service providers.
Kryalos SGR continues to manage real estate funds serving institutional investors. Under Italian fund rules, a depositary performs safekeeping of fund assets and oversight of the manager's compliance with fund regulations, making the appointment a meaningful expansion of SGSS's role in the vehicles.
The primary source does not disclose the number of funds covered, the assets under management, or the fee arrangements. Readers seeking those details should consult the manager's filings or a direct statement from the parties.
The development illustrates continued consolidation of depositary and custody business around established global custodians as managers of Italian real estate vehicles seek institutional-grade service providers.
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