Shearman & Sterling advised SGSS Deutschland Kapitalanlagegesellschaft Deutschland GmbH (SGSS), a subsidiary of Société Générale Securities Services, on the insourcing of the funds administration business of Credit Suisse in Germany. SGSS will provide a broad range of administrative and technological solutions to Credit Suisse (Deutschland) AG, including front office services (ASP), funds administration and reporting services. Part of the transaction is the acquisition of all shares in Credit Suisse Asset Management Kapitalanlagegesellschaft mbH by SGSS. The closing of the transaction is, inter alia, subject to regulatory clearances.

SGSS has been advised by the following Shearman & Sterling attorneys: Partners Roger Kiem (Frankfurt-M&A/Bank Regulatory) and Reinhard Stockum (Frankfurt-Tax), associates Jens Riedel (Frankfurt-M&A), Andreas Wieland (Frankfurt-M&A/Bank Regulatory), Dirk Neumann (Düsseldorf-Labor Law), Christian Appelbaum (Düsseldorf-IP/IT), Marc Sälzer (Frankfurt-Tax), Carola Glasauer and Wichard Graf von Hardenberg (both Frankfurt-M&A) as well as counsel Mathias Stöcker and associate Clemens Graf York von Wartenburg (both Brussels-Antitrust).