Funding agency Cambridge Associates has agreed to accumulate Zurich-based various funding specialist SIGLO Capital Advisors.
The deal, for an undisclosed quantity, is predicted to shut in autumn 2024.
Based in 2010, SIGLO offers various investments, together with personal credit score, hedge funds, insurance-linked securities and influence investing to pensions and different establishments, in addition to skilled purchasers in Switzerland.
SIGLO’s acquisition will imply Cambridge Associates’ enlargement into Switzerland, including to present European workplaces in London and Munich.
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“This strategic transfer marks a big milestone in our journey to carry a extra holistic suite of different funding options to our purchasers, our companions, and our whole workforce,” mentioned Michael Knecht and Christoph Gort, co-founders of SIGLO.
“Onboarding your complete SIGLO workforce and establishing CA’s presence in Switzerland will additional strengthen our dedication to Swiss and DACH purchasers,” added David Druley, chief government of Cambridge Associates.
Headquartered in Boston, Cambridge Associates has 11 workplaces in complete.
“We proceed to see robust demand in Europe for our portfolio administration companies in addition to our world analysis and due diligence community, notably within the personal markets house,” mentioned Alex Koriath, head of the European pension apply and the Munich workplace of Cambridge Associates. “We sit up for providing our world funding experience to SIGLO purchasers and different buyers in Switzerland and the area via a FINMA-regulated Zurich workplace with a powerful native workforce.”
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