Cinven, an international private equity firm, agreed to invest in Alter Domus, a provider of end-to-end tech-enabled fund administration, private debt, and corporate services for the alternative investment industry, at a €4.9bn valuation. “In little more than two decades, Alter Domus has grown from being a small Luxembourg-based spin-off from PwC to become a world-leading fund administrator. The investment from Cinven is a significant milestone in the development of Alter Domus as it continues along this trajectory. Together with Permira, we are confident that Cinven is the perfect partner as it continues to grow and scale internationally, and I am excited to continue to be a part of the Alter Domus journey,” René Beltjens, Alter Domus Founder and Chairman of the Supervisory Board.