American company CSC Global Financial Markets, already present in all 50 US states, also has offices throughout Canada, Asia-Pacific and Europe. Over the last few years it has begun ramping up operations in Europe, and joined to help establish the company's Luxembourg base.
According to Cheret, it already had operations for capital markets, securitisation vehicles and more, but now he’s tasked with building up fund services in the grand duchy and heads up alternative investment funds, including private equity and real estate--“pure alternatives, not UCITs,” he adds.
His offices are situated at “The Station”, nestled near the Bâtiself store, just off route d’Arlon. It’s a modern building which Cheret also enjoys for its modern rooftop terrace, located next to his office. “It’s quite calm, no traffic, and we have a view on Strassen but are above everything,” Cheret says. “You wouldn’t realise it when looking at the building from the outside.”
Cheret, who previously held roles in companies like Arendt and Alter Domus, appreciates the ease of access Strassen provides. If he decides to go to the office by car, the building is not far from the motorway, but there’s also a direct bus line from his city of residence to his office, about a 35- to 40-minute ride. If he decides to pop into the city centre, it’s simple, as there’s a bus running roughly every 10 minutes. For meetings, sometimes he arranges with friends and colleagues to catch up at a midway point.
Even in the few months Cheret has worked in Strassen, he has found time to enjoy shops, restaurants and the nearby fitness centre, Les Thermes. “There’s a lot of infrastructure around, a lot of shops, gas stations, everything within walking distance.”
Here are a few of his Strassen highlights.