‘Several’ parties express interest in Fuchs Asset Management

Animated movies. German real estate. Trade finance. Polish mortgages. Industrial lasers. Environmental intelligence. Pharmaceutical services. More than 1.5 billion euro has been invested in the Luxembourg-domiciled alternative investment funds under the wings of Fuchs Asset Management. Its AIFM portfolio presents a small microcosm of alternative investments managed via the Grand Duchy. The manco is for sale after its parent company, Fuchs & Associes, entered liquidation last month. Jean-Jacques Lava, deputy-CEO at Fuchs AM, said the sale process is going according to plan.