Change of ownership at Universal Investment

Universal Investment, currently owned jointly by Joh. Berenberg, Gossler & Co and Bankhaus Lampe confirmed a planned takeover by British private equity firm Montagu Private Equity for an undisclosed amount.

Based in Frankfurt, Universal-Investment focuses on fund administration, securities, alternative investments and real estate, the group has subsidiaries in Luxembourg and Austria. It specialises in the management of master funds (Master-KVG) and private label funds.

Daniel Fischer, director at Montagu Private Equity, comments: “For more than 45 years, Universal-Investment has been a pioneer in the investment industry and the benchmark for servicing master funds (Master-KVG) and private label funds. We’re particularly impressed by the performance of the management team, which has developed Universal-Investment into a growing platform with an outstanding reputation. We’re excited to work closely with Bernd Vorbeck and his team going forward, accompanying them through the company’s next growth phase.”

The takeover of Universal Investment would be Montagu’s second major investment in the German-speaking region, following its acquisition of of Swiss-based Equatex from UBS Bank in 2015. Montagu, currently invests its Montagu V Fund with a volume of €2.75bn, it aims to focus on differentiated and market-leading companies operating in stable markets with an enterprise value ranging from approximately €100m to €1bn.

Universal-Investment has quadrupled its assets under administration from about €70bn to €280bn over the last ten years.

Mona Dohle
Mona Dohle speaks German and Dutch, she is DACH & Benelux Correspondent for InvestmentEurope. Prior to that, she worked as a journalist in Egypt and Palestine. She started her career as a journalist working for a local German newspaper. Mona graduated with an MSc in Development Studies from SOAS and has completed the CISI Certificate in International Wealth and Investment Management.

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