German investment firm Loys is set to establish a Luxembourg-based management company as part of its international expansion efforts.
Subject to regulatory approval, the Oldsburg-based company will transfer its four existing Luxembourg-domiciled funds to the new venture on December 1.
The firm, which is home to Citywire AA-rated Christoph Bruns and Citywire + rated Ufuk Boydak, outlined the plans as part of its intention to grow internationally and further increase its staffing levels.
Loys will be supported by the Hauck & Aufhäuser investment team in Luxembourg, which has already worked the German company since cooperating on the launch of the Loys Europa System fund in December 2014.
Commenting on the expansion and the extension of its partnership arrangement, Heiko de Vries, founding partner and CEO of Loys, said the two companies are well-positioned, particularly on risk management, to provide a stronger platform for investors.
Hauck & Aufhauser has been involved in several of Loys’ funds since January of this year, including the management of the Loys Global, Loys Global System and Loys Global Long/Short fund.