Lloyds Development Capital, the private equity arm of Lloyds TSB Group, has made a second investment in Strategic Asset Management Solutions (Sams), a London-based developer of performance and attribution analysis services for asset managers.

The undisclosed sum will be used by Sams to extend its distribution in Europe and expand into the US market. Colin Fox, managing director of Sams, said the investment from Lloyds would enable the firm to build its distribution network more quickly.