Lundbeck Foundation buys stake in asset manager

The Danish Lundbeck Foundation acquires 25 percent of asset manager Cresco Capital Services, which has climate among its focal areas and invests in energy projects.
Photo: Lundbeckfonden / PR
Photo: Lundbeckfonden / PR
by MATHIAS JULIUS FALKENGAARD, translated by jonas sahl jørgensen

Denmark's Lundbeck Foundation makes a new investment meant to contribute to forestation and land development in northern Europe. The foundation acquires 25 percent of asset manager Cresco Capital Services, according to a statement Thursday morning CET.

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