Gen II is to acquire Quilvest Luxembourg Services S.A. (QLS), while continuing to provide QLS’s private equity/real estate administration services, remaining a client of Gen II.
Once the acquisition is complete, QLS will change its name to Gen II Luxembourg Services.
Norman Leben, managing principal and co-founder of Gen II, said: “The QLS platform will enable Gen II to further develop its relationship with Quilvest, while also providing Gen II’s clients with the capabilities to have a Luxembourg base of operations and trusted partner in Europe.”
Alexis Meffre, executive chairman of Quilvest Private Equity, commented: “Our investment management team is excited to be working closely with Gen II. We believe that Gen II’s reputation of being a trusted partner and delivering best-in-class services is what sets them apart.”
