Meeschaert Group acquired by LFPI

Paris-headquartered LFPI has bought local boutique Meeschaert Group for an undisclosed sum.

The deal closed on 1 April, following regulatory approval from the relevant French authorities.

It takes headcount at the multi-strategy alternative asset manager to nearly 300 employees and will see the combined firms manage more than €12bn on behalf of clients.

LFPI has a presence in six European countries and the US.

According to a press release, written in French, the acquisition of Meeschaert Group is part of LFPI’s plan to “develop across all classes of listed and unlisted assets, thus offering a wide range of opportunities and innovations”.

Kirsten Hastings

Kirsten is international editor of Expert Investor and International Adviser. She joined Last Word Media in October 2015. Kirsten has a Masters in Financial Journalism from the...

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