Fund Administrator acquires LRI Group

clock • 1 min read

Fund Administrator Apex Group has announced the acquisition of Luxembourg based LRI Group. With the completion of a secondary market transaction, LRI Group becomes part of Apex Group. Apex Group together with Salu Capital closed the purchase of all outstanding shares of Augur Financial Opportunities 2 Sicav, a Luxembourg investment vehicle managed by German Augur Capital. The closing of this complex transaction, upon receipt of all regulatory approvals in Germany and in Luxembourg, is the latest step of Salu Capital, private investment firm with a focus on special situations and contr...

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