Greiff AG has expanded its partner lounge with Earth Resource Investment Group in a strategic partnership on 1 April 2019.
With the Earth Exploration Fund UI and the Earth Gold Fund UI, Dr. Joachim Berlenbach and Georges Lequime bring two commodity equity funds into Greiff's fund offering.
The funds are managed by Universal Investment and have a fund volume of slightly more than €120m.
Greiff AG takes over the function of the main distributor for the Earth Exploration Fund UI and the Earth Gold Fund UI and is thus the central contact for all sales-related issues relating to the two funds.
Berlenbach said: "We are looking forward to the forthcoming cooperation with Greiff AG. We look back to a very good cooperation that has existed for years and now want to bring it to the next level and take further growth steps together. Our expertise in the natural resources sector will lead to an expansion of our market activities through the synergies with Greiff AG, from which our investors will ultimately benefit."