Asset Management

Switzerland's Bellecapital Grows Through Acquisition

Tom Burroughes Group Editor London 14 June 2016

Switzerland's Bellecapital Grows Through Acquisition

This publication brings latest news on M&A activity in wealth and asset management.

Switzerland-based Bellecapital has acquired GL Funds, a firm operating in the area of “non-traditional” investment solutions, after having received regulatory clearance.

As part of the transaction, GL Funds’ name will be changed to Bellecapital Partners, the Zurich-headquartered firm said in a statement today. 

The financial size of the transaction was not disclosed.

The founders of GL Funds, Martin Gehring and Roland Leutwiler, will continue to be at the firm’s disposal on an advisory basis. 

“GL Funds brings excellent talent and clients to Bellecapital and allows expansion into new business lines and client areas. We are well positioned to create and offer a platform for talented investment teams due to our institutional infrastructure and regulatory licences in Europe, US and Switzerland,” said Mark Eberle, co-founder of Bellecapital Holding.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes