Montagu-backed Universal Investment acquires Cadarn Capital

Universal Investment, the Frankfurt-based third-party Super ManCo and fund services provider backed by Montagu, has acquired Cadarn Capital, a London fund distribution and investor relations firm with a branch in Denmark. The deal was announced on November 5, 2026, and no price was disclosed.

Cadarn Capital, founded in 2023, provides outsourced distribution, investor relations and capital markets advisory services to asset managers, helping them raise capital and reach institutional and wealth-management investors in the UK, Ireland, the Nordics, Benelux, Germany and Switzerland. Universal Investment said the deal strengthens its investor-access offering in the UK and Nordics and follows its recent acquisition of Swedish ManCo FCG Fonder.