Cinerius acquires GSLP International, marking its first entry into the Luxembourg asset management market, pending regulatory approval.

Target Company Overview

GSLP International S. à r. l., founded in 1987, is an independent asset management firm based in Luxembourg. It has recently become the first Luxembourg-based company to join Cinerius, an international group of independent asset managers. The transaction is pending regulatory approvals and is expected to be finalized in the first quarter of 2025.

GSLP manages assets exceeding 500 million euros for institutional and private clients. The firm will continue to operate as an independent entity, with its current management team—Norbert Lersch, Arnd Brüggenwirth, and Stefan Schlicher—remaining in place. The existing shareholders believe that this strategic move will help sustain GSLP's growth trajectory into the future.

Industry Overview in Luxembourg

The asset management industry in Luxembourg is notable for its robust regulatory framework and strategic location within Europe. As a leading financial center, Luxembourg attracts a diverse range of investment firms a