INFINITUM Flag Joined Specialized Depositories of Two Capitals

Recently a remarkable event for the market of specialized depositories took place: CDF has joined INFINITUM group of companies1. The Head organization of the same-named group, INFINITUM Asset Services, has completed purchasing of 80.1% share in CDF, and now the company owns 100% shares of the registered capital of the specialized depository from the Northern Capital.

«Our cooperation, which started in this spring, — says CEO of CDF Irina Baryshnikova, — shaped the new horizons for our specialized depository business development. Opportunities and experience of INFINITUM enabled CDF to reach significantly new level of serviced provision and extend the line of depository and specialized depository solutions for our clients. Joining INFINITUM is a guarantee of development both for our company, and for the whole infrastructure branch in general in the Northern-West territory of the country.»

In its turn, SD INFINITUM commented on its geographic expansion, declaring as follows:
«We see great potential in the market of Saint-Petersburg, — says Managing Director of INFINITUM A.S. Pavel Prass, — a professional team of our partner will help us to provide full range, now already joint, services to all partners of the pooled investment market of the Northern-West. Initial experience of cooperation of two specialized depositories from two capitals showed that we did not make a mistake in the strategy choice, and the vector was set correctly.»

First personal meeting with the participants of the Saint-Petersburg market will take place on 15 October 2014. Top management of INFINITUM A.S. and CDF will meet at one venue in Saint-Petersburg to meet, discuss and exchange experience. Practical part of the business meeting will have the format of a seminar, where Managing Director of CDF Irina Baryshnikova, CDO of INFINITUM A.S. Dmitry Shlogin, and expert from INFINITUM A.S. Lyudmila Korneeva, Head of the Department of Consulting and Transactions Expertise will present their speeches.

1 Group of companies shall mean legal entities, acting in one or several related sectors, joined to achieve the same goals.