Centaur Fund Services is opening a new office in Luxembourg which will primarily service private equity (PE) and real estate (RE) funds and related investment vehicles.
Luxembourg provides a favourable legal regime to PE/RE firms, and over the past 20 years, has become a central hub for the industry, continuing to attract an increasing number of firms.
Centaur has agreed to acquire an existing administration firm, Luxembourg Capital Partners, which currently provides a full suite of fund administration services to funds, family offices and corporate vehicles. The transaction is subject to the approval of the Luxembourg regulator, the CSSF.
The acquisition, along with a planned expansion of Centaur’s Luxembourg base, are key steps in Centaur’s strategy to become a leading player in PE/RE administration, explains Karen Malone, Founding Partner of Centaur.