Hauck & Aufhäuser takes majority stake in Irish alts manager

Eugenia Jiménez
clock • 1 min read

Hauck & Aufhäuser AG has acquired a majority stake in Crossroads Capital Management (CCM) via its subsidiary in Luxembourg. The acquisition, which is subject to the approval of the Central Bank of Ireland, adds an international component to the product portfolio of the core business segment asset servicing. After completion of the transaction, Hauck & Aufhäuser's assets under administration will amount to approximately €124bn. CCM is an alternative investment fund manager and a Ucits management company based in Dublin, specializing in a range of services for investment managers and...

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