Universal Investment
 | |
| Company type | Limited company |
|---|---|
| Industry | Investment funds |
| Founded | 1968 |
| Headquarters | Frankfurt, Germany |
Key people |
|
| AUM | €1.168 trillion (April 2025) |
Number of employees | 1,700 (2025)[2] |
| Website | www |
Universal Investment is a group of companies headquartered in Frankfurt am Main with three regulated investment companies based in Germany, Luxembourg and Ireland. Biggest part is Universal-Investment Gesellschaft mbH, founded in 1968. Core offerings are investment fund services and management company services for asset management companies and institutional investors. The company launches and administers funds for all asset classes such as securities, alternative investments and real estate.
Universal Investment manages more than a trillion euros in about 2,000 funds with over 1,700 employees.[3] The company is an affiliate member of Investment Association.[4] With Universal-Investment-Luxembourg S.A., Universal Investment is also active in Luxembourg, where it is one of the 20 largest management companies with assets under administration of 108 billion euros.[5]
History
[edit]In 1968, the company was founded by several German private banks as joint investment company
In 2012, Berenberg Bank and Bankhaus Lampe acquired the shares of Hauck & Aufhäuser and Landesbank Baden-Württemberg.[6]
In September 2016, British private equity group Montagu acquired Berenberg Bank and Bankhaus Lampe's stakes in Universal Investment, thus gaining control of the asset management firm.[7]
In 2019, Universal Investment acquired the IT service provider UI labs, which specializes in front-office solutions, from Lupus alpha.[8] In 2021 the group acquired Metzler Bank's Irish fund management company and renamed it Universal Investment Ireland Fund Management Limited.[9] In 2022, the company announced the acquisition of Luxembourg fund administrator European Fund Administration S.A.[10]
In 2022, Canadian Pension Plan Investment Board acquired from majority shareholder Montagu a minority stake in Universal Investment.[11]
See also
[edit]References
[edit]- ^ a b Grunwald, Aaron (24 October 2023). "Francesca McDonagh named group CEO of Universal Investment". Delano.
- ^ "Profile Universal-Investment". Retrieved 18 January 2024.
- ^ Linna, Lydia (17 April 2023). "Etienne Rougier appointed COO of Universal Investment". Delano.
- ^ "Website Investment Association". 10 November 2021.
- ^ "PwC Observatory for Management Companies 2022 Barometer" (PDF). 31 May 2022.
- ^ "Berenberg and Bankhaus Lampe set to sell Universal Investment". InternationalInvestment. 2016-08-08. Retrieved 2022-11-01.
- ^ Kingston, Charles (2016-09-28). "Universal-Investment bought by UK private equity group Montagu". REFIRE. Retrieved 2022-11-01.
- ^ "Universal Investment acquires labs". International Investment. 3 January 2019. Retrieved 2021-09-02.
- ^ "German investment firm enters Irish fund market". Funds Europe. Retrieved 2021-09-02.
- ^ Young, Asset Servicing Times reporter Lyndsey. "Universal Investment Group completes acquisition of EFA". www.assetservicingtimes.com. Retrieved 2022-11-16.
- ^ Serenelli, Luigi. "DACH roundup: CPP Investments buys minority stake in Universal Investment". IPE. Retrieved 2022-11-01.
External links
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Major asset management companies | |
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