Universal-Investment has announced a change of ownership. British private equity firm Montagu Private Equity has acquired the shares of Universal-Investment’s current owners Joh. Berenberg, Gossler & Co. KG and Bankhaus Lampe KG. With €280bn in assets under administration and 650 employees, Universal-Investment is the largest independent investment company in the German-speaking region. The company is headquartered in Frankfurt/Main with subsidiaries and holdings in Luxembourg and Austria. Universal-Investment represents Montagu’s second investment in the financial services sector in the German-speaking region.