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Article: Auda Co-Invests With North Castle Partners in Global Luxury Travel Services Provider; Auda Fund Closes Investment in Grand Expeditions.

Article from:
Business Wire
Article date:
August 30, 2001
Copyright

Business Editors

NEW YORK--(BUSINESS WIRE)--Aug. 30, 2001

Auda Advisor Associates LLC, a leading international investment advisory organization that specializes in alternative investments for U.S. and European institutions and high net worth investors, today announced that its newly formed co-investment fund recently closed a $10 million investment in Grand Expeditions, Inc. (www.grandex.com), a leading supplier of luxury and adventure travel services to affluent customers worldwide.

Grand Expeditions is a portfolio company of North Castle Partners.

Auda's newly-formed fund is dedicated to co-investing alongside leading private equity ...

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