CSC announced it has expanded its special purpose entity independent director, and fund administration business in the U.S. to the structured finance and private equity markets.
CSC provides clients with services including outsourced fund administration, debt capital markets services, SPV management and administrative services, and agency services. CSC’s team specializes in customized services from pre-closing through to completion of transaction.
“We’re very happy to be expanding these service lines through our global brand—services that were previously only marketed through our Delaware Trust business,” says CSC Global Financial Markets President Bill Popeo. “As deals become increasingly customized and complex, we understand that clients need stable partners who offer a global footprint of fund administration and capital markets services.”
Through its wholly owned subsidiary, Delaware Trust Company, CSC will continue to provide U.S.-based clients with specialized corporate trust and agency services. Delaware Trust is not affiliated with any bank, lender, or other third party, and is regulated by the Delaware State Bank Commissioner and the U.S. Securities and Exchange Commission.
CSC also provides trade services in Asia, including trust and agency services, and specialist tax, accounting, human resources, and market entry or trade support to organizations interested in expanding into Hong Kong, Singapore, and mainland China.
“CSC just recently began offering these services in Europe as well,” says CSC Global Financial Markets Vice President John Hebert. “Coupled with our long-standing private ownership, expert teams, and commitment to client service, CSC is positioned perfectly to meet the market demand for these services anywhere our clients are.”
CSC, which is based near Wilmington, is one of the world’s largest privately held businesses to offer specialized administration services tailored to the needs of clients in the corporate, private equity, real estate, structured finance, and restructuring markets in all major global financial centers.
CSC was founded in Wilmington more than a century ago to provide services for companies incorporated in Delaware. It has since expanded rapidly in the past couple of decades to provide corporate services worldwide.
The company recently moved into a new headquarters in the Little Falls area west of Wilmington.