BlackFin Capital Partners and Arendt have entered into a partnership that will see BlackFin become the majority shareholder of Arendt Investor Services, subject to CSSF approval and other customary procedures, with Arendt retaining a significant stake. The scope of the transaction also includes the third-party AIFM, AManco. Luxembourg-based AIS offers services ranging from fund administration, corporate and governance services to operational AML & compliance services and tax compliance, as well as third-party AIFM and depositary services.
BlackFin has been investing in Luxembourg for over 10 years with the support of Arendt. Arendt & Medernach S.A. supported BlackFin’s recent acquisition of Lemanik Asset Management, a Luxembourg-based third-party fund manager.