Economy
Financial centre
BlackFin completes takeover of Arendt's investor-services arm after CSSF approval
BlackFin Capital Partners has completed its acquisition of a majority stake in Arendt Investor Services, the fund-services arm of Luxembourg's largest law firm, after approval by the CSSF. The deal, reported at close to $500 million, signals how far private equity's consolidation of Luxembourg's fund-services industry now reaches.
