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SALU Capital ("SALU"), together with its partners Apex Group Ltd. ("Apex"), Genstar Capital ("Genstar"), and Inlife Holding ("Inlife"), today announces the purchase of at least 95% of the shares of Augur Financial Opportunities 2 SICAV ("AFO-2" or the "Fund"), a Luxembourg investment vehicle managed by German Augur Capital that includes the Fund's portfolio companies, German life insurer myLife Lebensversicherung AG ("myLife") and Luxembourg-based fund administration and ManCo business LRI ("LRI Group"), from the Fund's investors in a secondary fund buy-out transaction. As part of the transaction, LRI Group will become part of Apex, a Genstar portfolio company, while myLife will become a wholly owned affiliate of Inlife.
The transaction marks a significant step forward...
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