Eurofin Acquires NAU

Feb 7 2012 | 12:18pm ET

Eurofin Capital has bought hedge fund NAU Capital.

The deal, terms of which were not disclosed, closed at the end of last year. The purchase adds €90 million in assets and NAU's eight-strong team to Eurofin.

"We are very pleased to be part of Eurofin Capital, as we share Eurofin's objectives of developing a significant multi-asset class investment management company," Joao Poppe, chief investment officer, said. "We believe global and emerging markets will be amongst the fastest-growing areas in asset management over the next few years and our approach and network compliments the existing product and distribution base of Eurofin."

NAU has two funds, an eponymous offering and the Plurima Nau Fund.

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