Hoche Partners Corporate Services (HPCS), a Luxembourg-based provider of corporate services to alternative asset managers, corporates, family offices and private clients, on 27 March 2025 announced the acquisition of Paddock Corporate Services and Paddock Fund Solutions. Paddock specialises in the needs of private wealth structures, corporations and alternative funds, serving both institutional and private international clients. The newly formed group--now called Fidence--brings together more than 100 staff members in Luxembourg, France and Morocco.
Laurent Bélik, who has been appointed CEO of Fidence, commented, “I am delighted to join Fidence as CEO. My goal is to leverage my experience to strengthen our relationships with our international clients, facilitate the integration of HPCS and Paddock, and contribute to the growth and structuring of the group.” Bélik has previously worked as managing director of CSC Capital Markets Europe, managing director at Elian Luxembourg, managing director of SFM Luxembourg and head of Doughty Hanson Luxembourg Real Estate.
“The merger with Paddock is a turning point in our history. As is the arrival of Laurent Bélik, which demonstrates the attractiveness of our project. From HPCS to Fidence, our name is evolving, but our commitment remains the same: to be a trusted fiduciary partner for institutional, corporate and private clients,” added Alain Heinz, co-founder and partner at Fidence. Heinz had been managing partner of Hoche since 2005. “Paddock’s expertise and knowhow enhance our service offering and strengthen our position in the European market.”
Paddock partners Cornelius Bechtel and Philip Christ will contribute to a smooth transition and integration of the firms, said the press release. “Joining HPCS and contributing to the creation of Fidence is a tremendous opportunity for our clients and our teams,” commented Bechtel. “We share the same vision and values, which will enable us to accelerate our development while maintaining our high standards of excellence and service.”
“The new Fidence brand will enable two well- known players in the Luxembourg market to collaborate in a strong partnership and build something greater,” added Christ.
HPCS in October 2024 welcomed the private equity fund Amethis Europe Expansion as a shareholder, noted the communiqué, with this merger the first significant milestone of the growth strategy underlying Amethis’ investment. Amethis is a member of the Edmond de Rothschild private equity partnership.