CGAIMCaisse de Garantie de l'Immobilier (French: Real Estate Guarantee Fund)
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CGA Group Ltd, the Bermuda based holding company that owns both CGA and CGAIM, is seeking to raise additional capital so that CGA's equity capital can be increased to $350 million and additional capital support to $150 million.
CGAIM will outsource to SS&C Direct its accounting and reporting capabilities.
SS&C Direct has the expertise and technology that can adapt to our innovative business structure, and provides us with an efficient and cost effective solution for reporting and accounting," said James Coyle, Controller, CGAIM.