Augur Capital buys LRI Invest
Augur Capital has acquired the service-oriented investment and fund administration company LRI Invest from Landesbank Baden-Württemberg for an undisclosed amount.
The private equity house invested through its Augur FIS Financial Opportunities II fund, which held a first close on €71.8m in August this year.
LRI Invest launches and administrates investment funds for banks, insurance companies and independent asset managers based in the DACH region. The company provides a broad range of products, reaching from standard mutual funds to alternative investment products like private equity.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Emanuel Eftimiu on +44 20 7004 7464 or emanuel.eftimiu@incisivemedia.com
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