Hauck & Aufhäuser acquires majority stake in AIFM CCM via Luxembourg
June 13, 2019

German bank Hauck & Aufhäuser is acquiring a majority stake in Irish AIFM (alternative investment fund manager) Crossroads Capital Management Limited (CCM) via its Luxembourg subsidiary, Hauck & Aufhäuser Fund Services SA.  

Hauck & Aufhäuser says the acquisition, which is subject to the approval of the Central Bank of Ireland, adds an international component to its product portfolio. After completion, Hauck & Aufhäuser's assets under control will amount to approximately EUR 124 billion.

Says Dr Holger Sepp, a Member of the Management Board of Hauck & Aufhäuser: "With EUR 4.6 trillion in assets under administration, Ireland is the second-largest European hub after Luxembourg. For this reason, we want to take this strategic first step to Ireland. CCM ideally complements our range of services.

"We also look forward to continuing to work on this project with Donnacha Loughrey (Managing Director) as a partner and to being able to rely on the quality and expertise of CCM's current team in the future."





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German bank Hauck & Aufhäuser is acquiring a majority stake in Irish AIFM (alternative investment fund manager) Crossroads Capital Management Limited (CCM) via its Luxembourg subsidiary, Hauck & Aufhäuser Fund Services SA.  

Hauck & Aufhäuser says the acquisition, which is subject to the approval of the Central Bank of Ireland, adds an international component to its product portfolio. After completion, Hauck & Aufhäuser's assets under control will amount to approximately EUR 124 billion.

Says Dr Holger Sepp, a Member of the Management Board of Hauck & Aufhäuser: "With EUR 4.6 trillion in assets under administration, Ireland is the second-largest European hub after Luxembourg. For this reason, we want to take this strategic first step to Ireland. CCM ideally complements our range of services.

"We also look forward to continuing to work on this project with Donnacha Loughrey (Managing Director) as a partner and to being able to rely on the quality and expertise of CCM's current team in the future."



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