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May 09, 2007

Luxembourg's KNEIP Raises €37M To Do BPO For Hedges

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KNEIP Communication, a Luxembourg-based business process outsourcing company for the investment fund industry, sold a minority ownership position for €37M in private equity funding from 3i Growth Capital.

The company says it represents 9.000 funds.

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Founder Bob Kniep has done well enough that he has a valued art collection that he opens to the public once a year.

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Posted on May 9, 2007 06:11 PM | Posted to Specialized Software | Permalink

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