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Altum Group expands presence in Luxembourg

by Piyasi Mitra
22 August 2023
Luxembourg_Wide
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Global fund, corporate and family office solutions provider Altum Group has agreed to acquire Link Fund Solutions (Luxembourg) S.A. (Link Luxembourg) of the Link Group. 

As a provider of third-party alternative investment fund manager and management company services, Link Luxembourg is authorised to deliver management company services to both alternative investment funds and Ucits within the EU.

The company is regulated by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF).

Established in 2018, Link Luxembourg provides services to an institutional client base through offices in Luxembourg and Lugano, Switzerland. 

Private markets embrace “ESG or nothing” philosophy, says PwC Luxembourg report

The acquisition’s completion is subject to regulatory approval from the CSSF.

Zena Couppey, CEO of Altum Group, commented: “The acquisition of Link Luxembourg expands our growing presence and service capability within the Luxembourg fund services provider sector.”

Karl Midl, CEO of Link Fund Solutions, added: “The sale of Link Luxembourg is an important part of Link Group’s simplification strategy.”

Jean-Luc Neyens, MD of Link Luxembourg, said: “Joining Altum will allow us to focus on developing and expanding our service proposition and invest in supporting our evolving clients’ needs. We look forward to working with Altum to continue to build the confidence of asset managers, asset owners and investors in the fund market.”

© 2023 funds europe

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