Universal Investment Group has agreed to acquire European Fund Administration, enhancing its position as a leading European investor services platform with combined assets under administration exceeding EUR 900 billion.

Target Information

European Fund Administration (EFA), established in 1996, is a prominent provider of fund administration services, including private asset services and comprehensive front-, middle-, and back-office solutions. As of the end of 2021, EFA had approximately EUR 167 billion in assets under administration, serviced for banks, asset managers, insurance companies, wealth managers, family offices, and institutional investors. EFA operates operational excellence centers in Luxembourg and France, solidifying its position within the European investment landscape.

Industry Overview in Luxembourg

Luxembourg is recognized as a global financial hub, particularly for investment fund services. With a regulatory framework that fosters innovation and investor protection, Luxembourg continues to attract a significant number of international asset managers and institutional investors. The country’s strategic location within Europe and its strong legal framework provide a solid foundation for fund administration, making it an ideal place for investment service platforms to thrive.

The asset management industry in Luxembourg has witnessed substantial growth, fueled by increasing demand for diversified investment solutions. The proliferation of alternative assets and private equity over the p