Advised Kneip on its capital raise
Kneip acts as an agent for fund administrators, fund promoters & asset managers, transmitting their fund data. Supporting over 9,000 funds, from 16 jurisdictions, Kneip manages information flows to over 1,200 information channels in 44 countries.
3i is a leader in private equity & venture capital. Its Growth Capital Fund is the world’s largest, investing over $1bn per year in businesses across Europe.
3i’s investment, of £37mn for a minority stake in Kneip, will assist this Luxembourg outsourcing business to expand its geographical reach, allowing it to build on its wide customer base.
For 3i, it was an opportunity to invest in a BPO business with a strong customer offering, built on knowledge & a technology intensive platform, in the growing European fund management industry.
Acted as sole corporate finance adviser to Kneip and its shareholders.