Specialised Luxembourg service expertise

Our financial strength and fully integrated services help clients get to where they want to go. We combine administration, corporate, depositary and custody account services into one seamless, multi-domicile solution that is consistent, efficient and transparent.

In-domicile Luxembourg offices

Launched in 2020

A boutique, seamless, multi-domicile solution

Multiple-role integrated service model

Luxembourg offices to meet your needs

Our Luxembourg offices provide specialised fund administration and depositary services to support global asset managers with regulatory compliance, operational efficiency and tailored client solutions.

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Global fund services Luxembourg (GFSL)

Authorised as a professional of the financial sector (PFS) in 2020, GFSL focuses on fund accounting, financial and regulatory reporting, investor services, domicile and corporate secretary services and specialised PSF professional.

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U.S. Bank Europe Luxembourg (USBEL)

Established in 2019 and authorised in 2020, USBEL provides depositary bank services for investment funds, including custody services.

 

Scalable solutions to support client strategies

Our tenured team of Luxembourg-based professionals, backed by the global resources of U.S. Bank, provides end-to-end services in one unified solution.

Capital calls and distributions

Receive efficient, timely processing of capital activity for managers (GPs) and investors (LPs) as directed by the fund.

Cash and treasury services

We provide cash management and wire execution for fund entities, general partners entities and special purpose vehicles.

Investor relations

Interface with fund investors, including processing investor capital activity, performing investor KYC and AML, and handling investor enquiries.

Fund waterfall administration

Calculate hypothetical waterfall for financial 
and investor reporting and performance of 
cash waterfall calculations.

Partnership accounting

Maintain partner capital accounts at both the fund and investor levels.

Financial, tax and regulatory reporting

Prepare financial statements and investor reporting, maintain tax books and records, and prepare standard workpaper packages.

Safe, secure reporting platforms

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Pivot

Get secure and convenient self-service access to your information, documentation and reporting with Pivot, our online and mobile-app-accessible account platform.

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Advent Geneva

We employ Advent Geneva, the leading hedge fund accounting system, to help with complex fund structure accounting, high trade volumes and integrated general ledger.

 

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Fenergo

We’ve implemented Fenergo’s client life cycle management solution to digitize KYC and investor onboarding, replace manual workflows, improve transparency and continuously assess risk.

Complete services for Luxembourg-domiciled funds

From fund services to alternative investments to depositary services and beyond, our Luxembourg team is here to support you.

View transcript

Solutions

Headshot of Didier Delvaux

From our leader

“Our goal is to be known as an organization that strives to delight our clients with a service that exceeds expectations.”

Didier Delvaux
Head of Global Fund Services Europe
Country Head Luxembourg

Connect with a Luxembourg-based investment services professional

Equip your global initiatives with powerful financial solutions delivered by local U.S. Bank experts.

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Work with one of the world’s most trusted companies

We are proud to have built a strong reputation for trustworthiness and ethical practices.

Fortune

U.S. Bank has been recognised as one of the 2025 World's Most Admired Companies for the 15th consecutive year, ranking it number 2 in the Superregional Banks category.

Ethisphere Institute

U.S. Bank has been named one of the World's Most Ethical Companies by Ethisphere Institute for 11 consecutive years.

Fair360

One of the top companies for workplace fairness for six consecutive years.

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Disclosures

Investment products and services are:

Not a Deposit • Not FDIC Insured • May Lose Value • Not Bank Guaranteed • Not Insured by any Federal Government Agency

All U.S. Bank Global Fund Services entities are wholly-owned subsidiaries of U.S. Bank, N.A. Custody, lending, treasury and banking services are offered by U.S. Bank, N.A.

U.S. Bank Global Fund Services (Luxembourg) S.à.r.l. is a Luxembourg – registered company, recorded with the Luxembourg Trade and Companies Register under number B238278, and having its registered office at Floor 3, K2 Ballade, 4, rue Albert Borschette, L-1246 Luxembourg. U.S. Bank Global Fund Services (Luxembourg) S.à.r.l. is authorised and supervised by the Commission de Surveillance du Secteur Financier (CSSF).

U.S. Bank Europe DAC Luxembourg Branch (trading as U.S. Bank Depositary Services Luxembourg) is registered in Luxembourg with RCS number B244276 and Registered Office: Floor 3, K2 Ballade, 4, rue Albert Borschette, L-1246 Luxembourg, regulated and authorised by the Central Bank of Ireland (CBI) as well as by the Commission de Surveillance du Secteur Financier (CSSF). Details about the extent of our authorisation and regulation by the CBI and the CSSF are available from us on request.

U.S. Bank Global Fund Services (Ireland) Limited is regulated by the Central Bank of Ireland.

U.S. Bank Global Fund Services (Guernsey) Limited is licensed under the Protection of Investors (Bailiwick of Guernsey) Law, 2020, as amended, by the Guernsey Financial Services Commission to conduct controlled investment business in the Bailiwick of Guernsey.

U.S. Bank does not guarantee products, services or performance of its affiliates and third-party providers.

“World’s Most Ethical Companies” and “Ethisphere” names and marks are registered trademarks of Ethisphere LLC.

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