Wim Ritz, global head of funds at Zedra, said on 24 March 2021:

“We are very pleased to add a successful and experienced team with strong sector expertise which will further solidify the foundations of our existing funds team. This is a significant milestone for Zedra as it will bring additional scale and expertise to our already fast-growing Luxembourg office. It underpins our view that Luxembourg is the hub and centre for excellence in the EU for fund management.”

A 30-strong team will join Zedra’s operations in Luxembourg, while others will be reassigned within BIL. Zedra has operations in 15 countries worldwide.